India Fund (IFN) launches rights offering: 1 new share per 3 rights at $8.50, expires May 14

ABERDEEN INDIA FUND, INC.

Record date April 18, 2024; each share held receives one right; three rights buy one new common share at $8.50.
Up to 10,352,100 new common shares offered; rights expire 5:00 PM ET on May 14, 2024.
Over-subscription privilege allows full subscribers to request additional shares subject to proration.
UBS Securities LLC serves as dealer manager; EQ Fund Solutions as subscription and information agent.
Offering made under effective shelf registration (File No. 333-276892); prospectus supplement dated April 18, 2024.

item 1.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ABERDEEN INDIA FUND, INC. entered into Dealer Manager Agreement with UBS Securities LLC (effective 2024-04-18).

Action: entry
Agreement: underwriting
Counterparty: UBS Securities LLC
Effective: 2024-04-18

Exact text from the filing

On April 18, 2024, The India Fund, Inc. (NYSE: IFN) (the “Fund”) entered into a dealer manager agreement (the “Dealer Manager Agreement”) by and among the Fund, abrdn Asia Limited and UBS Securities LLC

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ABERDEEN INDIA FUND, INC. filing history →

Source: SEC EDGAR

accession 0001104659-24-048892

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