December 29, 2023 · Form 4 insider transaction
WALDEN CHARLES C bought 10 shares of SPECIAL OPPORTUNITIES FUND, INC. at $22.70 per share, a transaction worth $227.00. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 4 days after the transaction.
The shares of Preferred Stock are convertible into common stock immediately upon issuance at a conversion ratio that is subject to adjustment. The current conversion ratio is equal to 1.3634 shares of common stock for each share of Preferred Stock held.; The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to January 21, 2027.