CUBA.US Tender offer

HERZFELD CARIBBEAN BASIN FUND INC (CUBA.US) is offering to purchase up to 10%, or 1,681,477, shares of its Common Stock, shares par value USD 0.001, for cash at a purchase price equal to 97.5% of their net asset value per share (NAV) as of the close of ordinary trading on the NASDAQ Capital Market on 19/03/2024 or, if the offer is extended, the day the offer expires. Participants should obtain the Herzfeld Caribbean Basin Fund, Inc. Offer to Purchase dated 20/02/2024 for complete details of the offer.

The terms of the offer are as follows:

Option (1): Take no action [Default option]

Option (2): Tender Shares – CASH AT 97.5% of the NET ASSET VALUE (subject to prorate basis, pursuant to the Offer to Purchase, less any applicable withholding taxes)

The deadline to tender shares to the offer will be 13/03/2024@ 16:00 (HONG KONG TIME GMT+8).

In the absence of an election, no action will be taken.

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: CUBA.US
4. Options: (1) or (2)
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 share of CUBA.US, they cannot participate in related corporate actions.
2. Option 1 is the default option (no need to reply to the email). If you do not reply to the email, the default option will be selected on the above corporate action deadline.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.