The Fund confirms today that its Board of Directors has approved implementation of a reverse stock split (the “Reverse Split”) of the Fund’s common stock, par value $0.001 per share (“Common Stock”). As a result of the Reverse Split, every ten (10) shares of Common Stock will be automatically combined into one (1) issued and outstanding share of Common Stock, without any change in the par value per share. Trading of the Common Stock will continue on the Nasdaq Capital Market under the symbol “HERZ”, but the new CUSIP number for the Common Stock following the Reverse Split will be 42804T205 effective at 5:00pm eastern time on February 6, 2026. Shares will begin trading on a post-split basis in marketplace at the opening of the Nasdaq Capital Market on February 9, 2026.
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