NEW YORK -- (Business Wire)

Special Opportunities Fund, Inc. (NYSE: SPE) (the "Fund") today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2022 to holders of record as of September 21, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005930/en/

Contacts:

John Buckel, U.S. Bank Global Fund Services (1-414-765-4255)

Source: Special Opportunities Fund, Inc.