The Herzfeld Caribbean Basin Fund, Inc. Updates Important Dates for Rights Offering

MIAMI BEACH, Fla., Oct. 24, 2023 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) announced initial terms of its Non-Transferable Rights Offering (the “Rights Offering”) on August 29, 2023 together with information about the Fund’s Self-Tender Policy. This press release updates important dates for the Rights Offering that were previously announced on October 20, 2023. The Record Date for the Rights Offering will now be November 3, 2023. Pursuant to the Rights Offering, the Fund will distribute to Record Date stockholders one non-transferable right (“Right(s)”) for each share of the Fund held on the Record Date.

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