Every material Form 8-K SPECIAL OPPORTUNITIES FUND, INC. filed with the SEC in 2011, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Special Opportunities Fund (SPE) asked the Securities and Exchange Commission on December 13, 2011 for a declaratory order confirming that its new proxy voting procedure will not violate Section 12(d)(1) of the Investment Company Act of 1940. The fund's SEC staff had indicated it disagreed with the board's reading of the "seek instructions" option, so the board sought a ruling before implementing the procedure, which shareholders approved on December 7, 2011.
Shareholders approved the "seek instructions" proposal at the December 8, 2011 annual meeting: 3,116,846 for, 45,200 against, 37,028 abstain
Shareholders casting 98.57% of votes cast for or against supported the proposal
The board intends to implement the procedure on March 1, 2012 and requests an SEC order before that date
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every SPECIAL OPPORTUNITIES FUND, INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →