The Herzfeld Caribbean Basin Fund, Inc. ANNOUNCES PRELIMINARY TENDER OFFER RESULTS
The Herzfeld Caribbean Basin Fund, Inc. - Closed End FUnd (CUBA)
US:NASDAQ Investor Relations:
herzfeld.com/cuba
Company Research
Source: GlobeNewswire
MIAMI BEACH, Fla., March 20, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the “Fund”) today announced the preliminary results of the Fund’s cash tender offer to purchase up to 10% of its outstanding common shares at 97.5% of the Fund’s net asset value (“NAV”) as of the close of ordinary trading on the NASDAQ Capital Market (the “NASDAQ”) on March 19, 2024, the expiration date (the “Tender Offer”). The table below shows the preliminary results for the Fund: Tender Offer AmountShares Properly TenderedPurchase Price of Properly Tendered Shares*Up to 10% or 1,681,477 shares12,374,953$3.3833 * Equal to 97.5% of the Fund’s NAV per share as of the close of ordinary trading on the NASDAQ on March 19, 2024 (the date the Tender Offer expired). Under the terms and conditions of the Fund’s Tender Offer, if the number of common shares properly tendered exceeds the number of co
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News
- The Herzfeld Caribbean Basin Fund, Inc. Announces Final Tender Offer ResultsGlobeNewswire
- The Herzfeld Caribbean Basin Fund, Inc. Commences Tender Offer for up to 10% of Outstanding Common SharesGlobeNewswire
- The Herzfeld Caribbean Basin Fund, Inc. Announces Quarterly Distribution in Stock and CashGlobeNewswire
- The Herzfeld Caribbean Basin Fund, Inc. To Conduct a Tender Offer for up to 10% of Outstanding Common SharesGlobeNewswire
- The Herzfeld Caribbean Basin Fund, Inc. Pays Quarterly DistributionGlobeNewswire
CUBA
Sec Filings
- 4/15/24 - Form 4
- 3/27/24 - Form SC
- 3/26/24 - Form 4/A
- CUBA's page on the SEC website