FYI: Clough Global Opportunities Fund (the “Fund”) announced that a preliminary registration statement will be filed with the Securities and Exchange Commission (“SEC”) relating to the offering of additional common shares of the Fund pursuant to a rights offering. The Fund will be issuing transferable subscription rights (“Rights”) to its common shareholders on a record date to be set by the Fund’s Board of Trustees (the “Record Date” and such shareholders, “Record Date Shareholders”) who will be allowed to subscribe for new common shares of the Fund (the “Primary Subscription”). Record Date Shareholders will receive one Right for each common share held on the Record Date. For every five Rights held, a holder of Rights may buy one new common share of the Fund. Record Date Shareholders who fully exercise all Rights initially issued to them in the Primary Subscription will be entitled to buy those common shares that are not purchased by other holders of Rights.
The rights offering is subject to the effectiveness of the Fund’s Registration Statement to be filed with the SEC and will be made only by means of a prospectus.
Regards,
Ted
https://www.businesswire.com/news/home/20190610005656/en/Clough-Global-Opportunities-Fund-Announces-Filing-Rights
