NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the price at which shares of the Fund’s common stock will be issued to common stockholders of record as of December 29, 2025 and payable on January 30, 2026 is $14.9506 which is the volume-weighted average trading price of the Fund’s common stock on January 20, 21, and 22, 2026. Substantially the entire $0.70 per share distribution is expected to consist of realized long-term capital ga ...

Core Viewpoint - Special Opportunities Fund, Inc. has declared its next three monthly distributions under its managed distribution plan, maintaining an annual distribution rate of 8% for 2026 based on the net asset value of $16.31 as of December 31, 2025 [2]. Distribution Details - The Fund will distribute $0.1087 per share for each of the next three months: January, February, and March 2026, with record and payable dates specified [2]. - The record and payable dates for the distributions are as follows: - January: Record Date - January 20, 2026; Payable Date - January 30, 2026 - February: Record Date - February 17, 2026; Payable Date - February 27, 2026 - March: Record Date - March 17, 2026; Payable Date - March 31, 2026 [2]. Managed Distribution Plan - The Fund's managed distribution plan allows for distributions from long-term capital gains and/or return of capital if sufficient investment income is not available [2]. - The Board of Directors may amend or terminate the managed distribution plan at any time without prior notice, which could impact the market price of the Fund's common shares [2]. - A yearly review of the fixed annual rate will be conducted to determine if adjustments are necessary [2]. Tax Reporting - The Fund will provide a notice to common stockholders estimating the composition of each distribution, with the actual composition reported on Form 1099-DIV after the end of the year for tax purposes [3].

Core Viewpoint - Special Opportunities Fund, Inc. announced a year-end distribution of $0.70 per share to common stockholders, primarily consisting of realized long-term capital gains, to avoid excise taxes for the year 2025 [1]. Distribution Details - The distribution will be available in cash or newly issued shares, with stockholders required to submit an election form by January 16, 2026 [2]. - Cash distribution is limited to 20% of the total distribution, while at least 80% will be in shares of the Fund's common stock [2]. - The number of shares issued will be based on the volume-weighted average trading price on January 20, 21, and 22, 2026 [3]. Tax Reporting - The actual composition of the distributions for tax purposes will be reported on a Form 1099-DIV after the end of the year [3].

Group 1 - The Special Opportunities Fund, Inc. will hold its Annual Meeting of Stockholders on December 11, 2025, at 2 p.m. Eastern time [1] - The meeting will take place at the offices of Blank Rome LLP, located at 1271 Avenue of the Americas, 16th Floor, New York, NY [1] - Stockholders must register in advance by emailing info@bulldoginvestors.com no later than December 5, 2025, and comply with identification and security protocols [1]

Core Viewpoint - Special Opportunities Fund, Inc. has declared the next three monthly distributions under its managed distribution plan, maintaining an annual distribution rate of 8% for 2025 based on the net asset value of $16.47 as of December 31, 2024 [2]. Distribution Details - The Fund will distribute $0.1098 per share for each of the next three months: October, November, and December 2025 [2]. - The record and payable dates for these distributions are as follows: - October: Record Date - October 21, 2025; Payable Date - October 31, 2025 - November: Record Date - November 18, 2025; Payable Date - November 28, 2025 - December: Record Date - December 16, 2025; Payable Date - December 31, 2025 [2]. Composition of Distributions - The Fund will provide a notice to common stockholders estimating the composition of each distribution, which will include net investment income, net realized capital gains, and/or return of capital [3]. - The actual composition for tax reporting will be provided on a Form 1099-DIV issued after the end of the year [3].

Core Points - Special Opportunities Fund, Inc. has declared the next three monthly distributions under its managed distribution plan, with an annual distribution rate of 8% based on a net asset value of $16.47 as of December 31, 2024 [2] Distribution Details - The next three monthly distributions are as follows: - July: $0.1098, Record Date: July 22, 2025, Payable Date: July 31, 2025 - August: $0.1098, Record Date: August 19, 2025, Payable Date: August 29, 2025 - September: $0.1098, Record Date: September 16, 2025, Payable Date: September 30, 2025 [2] Composition and Reporting - The Fund will notify common stockholders about the estimated composition of each distribution, with the actual composition provided on a Form 1099-DIV for tax reporting after the end of the year [3]