Herzfeld Credit Income Fund, Inc. Announces Reverse Stock Split

Core Viewpoint - Herzfeld Credit Income Fund, Inc. has announced a reverse stock split, consolidating every ten shares into one share, effective February 6, 2026, to enhance its market appeal and reduce trading costs [1][8]. Group 1: Reverse Stock Split Details - The reverse stock split will combine ten shares of common stock into one share, maintaining the par value at $0.001 per share [1]. - No fractional shares will be issued; shareholders entitled to fractional shares will receive one whole share instead [2]. - The number of authorized shares will remain unchanged at 100,000,000 shares [2]. Group 2: Shareholder Actions and Communication - Shareholders holding shares in book-entry form or through a broker do not need to take any action regarding the reverse split [3]. - Shareholders of record will receive information from Equiniti Trust Company, LLC, about their post-split ownership [3]. Group 3: Rationale Behind the Reverse Split - The reverse split aims to provide a better price point following reductions in the Fund's Net Asset Value and to appeal to a broader range of institutional investors [8]. - It is also intended to generate greater investor interest and lower trading costs for investors [8].