The Herzfeld Caribbean Basin Fund, Inc. Celebrates 30th Anniversary of Listing on NASDAQ and Extends Managed Distribution Policy, Self-Tender Policy and Management Fee Waiver
MIAMI BEACH, FLA., May 20, 2024 (GLOBE NEWSWIRE) — The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) (the “Fund”) is pleased to announce that May 20, 2024 marks 30 years since the Fund’s common stock commenced trading on the NASDAQ Capital Market. The original date of May 20th was selected to honor Cuban Independence Day and to emphasize the importance of Cuba to the economic future of the Caribbean Basin. The Fund was launched through a continuous offering which began in 1993 and closed in the first quarter of 1994. Trading was then delayed until May 20, 1994.