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. This press release, and other statements that Thomas J. Herzfeld Advisors, Inc. (“TJHA”) or the Fund may make, may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund’s or TJHA’s future financial or business performance, strategies or expectations. With respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) shares of the Fund may trade at a discount from Net Asset Value; (2) the Fund is expose to risks associated with equity and equity-linked securities to the extent that adverse equity market conditions could negatively impact the ability of the borrowers to make payment of interest and/or principal with respect to loans underlying the CLOS in which the Fund invests; (3) as a “non-diversified” investment company, the Fund’s investments involve greater risks than would be the case for a similar diversified investment company; (4) the Adviser’s judgment about the attractiveness, relative value or potential appreciation of a particular security or investment strategy may prove incorrect; (5) market disruption risks, including certain events that have had a disruptive effect on the securities markets, generally, such as pandemics, terrorist attacks, war and other geopolitical events, hurricanes, droughts, floods and other natural disasters; (6) risk of investment in CLOs and related securities generally; (7) dependence on managers of the CLOs in which the Fund invests; (8) risks associated with investing in CLOs generally.
Author: Herzfeld Caribbean Basin Fund
Published at: 2026-01-15 21:30:00
Still want to read the full version? Full article
