Latest Special Opportunities Fund Inc (SPE) Headli
Post# of 2
Posted On: 03/14/2014 8:38:28 PM
Latest Special Opportunities Fund Inc (SPE) Headlines
Special Opportunities Fund Announces Final Results of Redemption of Convertible Preferred Stock
Business Wire - Tue Mar 04, 10:44AM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced the results of the redemption of all of its shares of convertible preferred stock. As of 5:00 p.m. on February 28, 2014, holders of 744,720 shares of the Fund's convertible preferred stock had converted their shares into 2,767,005 shares of the Fund's common stock (with cash paid in lieu of any fractional shares of common stock). On March 3, 2014, pursuant to the terms of the convertible preferred stock as set forth in the offering prospectus, the Fund redeemed the remaining 4,366 shares of its convertible preferred stock for a cash payment of $50 per share or a total of $218,300. As of March 4, 2014, the Fund had 10,165,454 shares of common stock outstanding.
Special Opportunities Fund, Inc. Announces Supplemental Information to be Made Available on its Website
Business Wire - Wed Jan 29, 9:10AM CST
On January 27, 2014, Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") announced that all outstanding shares of the Fund's convertible preferred stock will be redeemed at 5 pm EST on March 3, 2014 at $50 per share and that holders of the Fund's convertible preferred stock may, until 5 pm EST on February 28, 2014, convert their shares into shares of common stock at a ratio of 3.7160 common shares for each share of convertible preferred stock (with cash in lieu of any fractional shares of common stock).
Special Opportunities Fund redeems preferred stock at USD50 per share
M2 - Tue Jan 28, 3:32AM CST
The board of directors of close-ended fund, Special Opportunities Fund Inc (NYSE:SPE) announced on Monday that it intends to redeem all outstanding shares of the fund's preferred stock on 3 March 2014, at USD50 per share without any accrued interest.
Special Opportunities Fund, Inc. Announces Redemption of Convertible Preferred Stock
Business Wire - Mon Jan 27, 3:02PM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors (the "Board") has determined to redeem all outstanding shares of the Fund's Convertible Preferred Stock on March 3, 2014 at $50 per share. In accordance with the prospectus for the Fund's Convertible Preferred Stock, no accrued interest will be paid.
Special Opportunities Fund, Inc. Announces Dividends on Common and Convertible Preferred Stock and Adjusted Conversion Ratio
Business Wire - Fri Dec 20, 10:45AM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors (the "Board") has declared a year-end stock dividend of $2.21 per share of common stock consisting of $0.67 of long term capital gains, $0.44 of short term capital gains, and $1.10 of net investment income.
Special Opportunities Fund, Inc. Dividend Declaration
Business Wire - Mon Sep 16, 9:10AM CDT
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors has declared a quarterly cash dividend on the Fund's 3.00% Convertible Preferred Stock, Series A.
Special Opportunities Fund's board approves preferred stock dividend of USD0.37808 per share
M2 - Fri Jun 14, 8:23AM CDT
A close-end investment company Special Opportunities Fund Inc's (NYSE:SPE) board of directors approved a quarterly cash dividend of USD0.37808 per share on the fund's 3.00% convertible preferred stock, series A, it revealed on Thursday.
Bulldog Investors Seeks Removal of Kevin Landis as Manager of Firsthand Technology Value Fund (Nasdaq:SVVC)
Business Wire - Wed May 29, 2:23AM CDT
Bulldog Investors has proposed that shareholders remove Kevin Landis as investment manager of Firsthand Technology Value Fund, Inc. (Nasdaq:SVVC) (the "Fund") after the Fund's shares declined more than 80% over a thirteen-year period. The Bulldog Investors group of private investment funds, together with other accounts managed by Bulldog Investors, own 9.8% of the Fund's outstanding shares and is the Fund's largest shareholder.
Special Opportunities Fund, Inc. Announces Share Repurchase Plan
Business Wire - Tue Mar 19, 11:13AM CDT
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") announced today that the Board of Directors has authorized a share repurchase program pursuant to which the Fund may purchase shares of its common stock without limitation when such shares are trading at a discount to net asset value subject to the "safe harbor" provisions set forth in Rule 10b-18 of the Securities Exchange Act of 1934. The program will become effective on April 19, 2013.
Special Opportunities Fund announces dividend of USD0.35651 per share for quarter
M2 - Mon Mar 18, 7:55AM CDT
Close-ended fund Special Opportunities Fund Inc (NYSE:SPE) reported on Friday that its board of directors has approved a quarterly cash dividend of USD0.35651 per share on its 3.00% convertible preferred stock, Series A.
Special Opportunities Fund elects to retain USD1m of its long term capital gains
M2 - Wed Jan 02, 6:05AM CST
Special Opportunities Fund Inc (NYSE:SPE), a regulated investment company, elected to retain USD1m or USD0.1468 per common share of its realised long term capital gains for the year ending 31 December 2012, it declared on Monday.
Special Opportunities Fund, Inc. Elects to Retain a Portion of its Long Term Capital Gains
Business Wire - Mon Dec 31, 3:08PM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that it has made an election to retain $1 million ($0.1468 per common share) of its realized long term capital gains for the year ending December 31, 2012. As a regulated investment company, these gains will be designated to common shareholders of record on December 31, 2012 and the Fund will pay federal income taxes of 35%, equivalent to $350,000 ($0.0514 per common share). The tax effect is the same as if the retained capital gains had been distributed to the Fund's common shareholders, who then elected to reinvest 65% of the amount received. The 35% capital gains tax paid by the Fund is considered to have been paid on behalf of the common shareholders who will be issued a Form 2439 and will be entitled to take a credit for such taxes paid.
Special Opportunities Fund Announces Final Results of Redemption of Convertible Preferred Stock
Business Wire - Tue Mar 04, 10:44AM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced the results of the redemption of all of its shares of convertible preferred stock. As of 5:00 p.m. on February 28, 2014, holders of 744,720 shares of the Fund's convertible preferred stock had converted their shares into 2,767,005 shares of the Fund's common stock (with cash paid in lieu of any fractional shares of common stock). On March 3, 2014, pursuant to the terms of the convertible preferred stock as set forth in the offering prospectus, the Fund redeemed the remaining 4,366 shares of its convertible preferred stock for a cash payment of $50 per share or a total of $218,300. As of March 4, 2014, the Fund had 10,165,454 shares of common stock outstanding.
Special Opportunities Fund, Inc. Announces Supplemental Information to be Made Available on its Website
Business Wire - Wed Jan 29, 9:10AM CST
On January 27, 2014, Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") announced that all outstanding shares of the Fund's convertible preferred stock will be redeemed at 5 pm EST on March 3, 2014 at $50 per share and that holders of the Fund's convertible preferred stock may, until 5 pm EST on February 28, 2014, convert their shares into shares of common stock at a ratio of 3.7160 common shares for each share of convertible preferred stock (with cash in lieu of any fractional shares of common stock).
Special Opportunities Fund redeems preferred stock at USD50 per share
M2 - Tue Jan 28, 3:32AM CST
The board of directors of close-ended fund, Special Opportunities Fund Inc (NYSE:SPE) announced on Monday that it intends to redeem all outstanding shares of the fund's preferred stock on 3 March 2014, at USD50 per share without any accrued interest.
Special Opportunities Fund, Inc. Announces Redemption of Convertible Preferred Stock
Business Wire - Mon Jan 27, 3:02PM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors (the "Board") has determined to redeem all outstanding shares of the Fund's Convertible Preferred Stock on March 3, 2014 at $50 per share. In accordance with the prospectus for the Fund's Convertible Preferred Stock, no accrued interest will be paid.
Special Opportunities Fund, Inc. Announces Dividends on Common and Convertible Preferred Stock and Adjusted Conversion Ratio
Business Wire - Fri Dec 20, 10:45AM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors (the "Board") has declared a year-end stock dividend of $2.21 per share of common stock consisting of $0.67 of long term capital gains, $0.44 of short term capital gains, and $1.10 of net investment income.
Special Opportunities Fund, Inc. Dividend Declaration
Business Wire - Mon Sep 16, 9:10AM CDT
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors has declared a quarterly cash dividend on the Fund's 3.00% Convertible Preferred Stock, Series A.
Special Opportunities Fund's board approves preferred stock dividend of USD0.37808 per share
M2 - Fri Jun 14, 8:23AM CDT
A close-end investment company Special Opportunities Fund Inc's (NYSE:SPE) board of directors approved a quarterly cash dividend of USD0.37808 per share on the fund's 3.00% convertible preferred stock, series A, it revealed on Thursday.
Bulldog Investors Seeks Removal of Kevin Landis as Manager of Firsthand Technology Value Fund (Nasdaq:SVVC)
Business Wire - Wed May 29, 2:23AM CDT
Bulldog Investors has proposed that shareholders remove Kevin Landis as investment manager of Firsthand Technology Value Fund, Inc. (Nasdaq:SVVC) (the "Fund") after the Fund's shares declined more than 80% over a thirteen-year period. The Bulldog Investors group of private investment funds, together with other accounts managed by Bulldog Investors, own 9.8% of the Fund's outstanding shares and is the Fund's largest shareholder.
Special Opportunities Fund, Inc. Announces Share Repurchase Plan
Business Wire - Tue Mar 19, 11:13AM CDT
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") announced today that the Board of Directors has authorized a share repurchase program pursuant to which the Fund may purchase shares of its common stock without limitation when such shares are trading at a discount to net asset value subject to the "safe harbor" provisions set forth in Rule 10b-18 of the Securities Exchange Act of 1934. The program will become effective on April 19, 2013.
Special Opportunities Fund announces dividend of USD0.35651 per share for quarter
M2 - Mon Mar 18, 7:55AM CDT
Close-ended fund Special Opportunities Fund Inc (NYSE:SPE) reported on Friday that its board of directors has approved a quarterly cash dividend of USD0.35651 per share on its 3.00% convertible preferred stock, Series A.
Special Opportunities Fund elects to retain USD1m of its long term capital gains
M2 - Wed Jan 02, 6:05AM CST
Special Opportunities Fund Inc (NYSE:SPE), a regulated investment company, elected to retain USD1m or USD0.1468 per common share of its realised long term capital gains for the year ending 31 December 2012, it declared on Monday.
Special Opportunities Fund, Inc. Elects to Retain a Portion of its Long Term Capital Gains
Business Wire - Mon Dec 31, 3:08PM CST
Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that it has made an election to retain $1 million ($0.1468 per common share) of its realized long term capital gains for the year ending December 31, 2012. As a regulated investment company, these gains will be designated to common shareholders of record on December 31, 2012 and the Fund will pay federal income taxes of 35%, equivalent to $350,000 ($0.0514 per common share). The tax effect is the same as if the retained capital gains had been distributed to the Fund's common shareholders, who then elected to reinvest 65% of the amount received. The 35% capital gains tax paid by the Fund is considered to have been paid on behalf of the common shareholders who will be issued a Form 2439 and will be entitled to take a credit for such taxes paid.
(0)
(0)Special Opportunities Fund Inc. (SPE) Stock Research Links
Scroll down for more posts ▼