The Mexico Equity and Income Fund Announces Expiration of Rights Offering
October 12 2021 - 3:17PM
Business Wire
The Mexico Equity and Income Fund, Inc. (“the Fund”) (NYSE: MXE)
announced today that its non-transferable rights offering to
purchase additional shares of its common stock expired on October
8, 2021.
The Subscription Price was $8.90. The Fund has elected to
fulfill all subscription requests by Rights Holders. Since the
Subscription Price is greater than the Estimated Subscription Price
of $11.13, refunds will be made to those Rights Holders that
elected to receive a refund of such excess amount. All other
subscribing Rights Holders will receive additional shares of the
Fund for such excess amount.
The total number of shares to be issued to subscribing Rights
Holders is 2,613,746.
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version on businesswire.com: https://www.businesswire.com/news/home/20211012006106/en/
U.S. Bank Global Fund Services – John Buckel (414) 765-4255
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