BTX: Offer to buy back shares, Feb 18, 2025
The fund offered to buy back some of its shares at close to full value, until July 9, 2025.
Do I need to do anything? The fund will buy back some of its shares at close to the value of its holdings. If you want to sell at that price, tell your broker to tender ALL your shares before July 9, 2025; if more people tender than the fund will take, everyone is cut back in proportion, so tendering everything gets you the most. If you hold fewer than 100 shares, you are usually not cut back. If you do nothing, you keep your shares. This is information, not advice.
We could not read every number in this document with confidence, so we show only what it is about.
- Date
- Feb 18, 2025
- Fund
- BTX - BlackRock Technology & Private Equity Term Trust
- Terms
- at 99.5% of the value of the holdings, until July 9, 2025
- What
- Offer to buy back shares
- Document number
- 0001193125-25-028715
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