4//SEC Filing
Parks Kevin 4
Accession 0001816321-22-000006
CIK 0001745059other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 3:16 PM ET
Size
5.3 KB
Accession
0001816321-22-000006
Insider Transaction Report
Form 4
Parks Kevin
Other
Transactions
- Other
Common Stock
2022-07-29+1,407.83→ 4,741.83 total
Footnotes (1)
- [F1]Effective as of July 29, 2022, the Angel Oak Dynamic Financial Strategies Income Term Trust (the "Target Fund") was reorganized into the Angel Oak Financial Strategies Income Term Trust (the "Acquiring Fund," and such reorganization, the "Reorganization"). Common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the Effective Date, as defined in the Agreement and Plan of Reorganization, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of July 29, 2022, the Target Fund reported a NAV per share of $19.1618 and the Acquiring Fund reported a NAV per share of $16.3330. The conversion ratio for the Target Fund's common shares was 1.1732.
Documents
Issuer
Angel Oak Financial Strategies Income Term Trust
CIK 0001745059
Entity typeother
Related Parties
1- filerCIK 0001816321
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 3:16 PM ET
- Size
- 5.3 KB