The Fund announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s common stockholders of rights to purchase additional shares of common stock of the Fund (the “Rights Offering”).
In this offering, the Fund will issue transferable subscription rights (“Rights”) to its common stockholders of record as of August 31, 2026 (the “Record Date” and such stockholders, “Record Date Stockholders”) allowing the holder to subscribe for new shares of common stock of the Fund (the “Primary Subscription”). Record Date Stockholders will receive one Right for each share of common stock held on the Record Date. For every three Rights held, a holder of Rights may buy one new share of common stock of the Fund. Fractional shares of common stock will not be issued upon the exercise of Rights. Accordingly, the number of Rights to be issued to a Record Date Stockholder will be rounded up to the nearest whole number of rights evenly divisible by three.
