XAI Floating (XFLT) news

OFCOM: Decided to focus the remainder of investigation on X's compliance with its illegal content and complaints and reporting duties

The UK's communications regulator, Ofcom, has announced that it will focus the remainder of its investigation on X's compliance with its obligations regarding illegal content and complaints and reporting duties. This decision follows an ongoing review of the platform's adherence to the Online…

XFLT asks shareholders to vote for the King Street sub-advisory agreement

XFLT announces plan for initial tender offer and subsequent liquidity opportunities for shareholders

XFLT has announced its intention to initiate an initial tender offer for a portion of its outstanding shares, followed by potential liquidity opportunities for shareholders. The company stated that the tender offer is part of a broader strategy to enhance shareholder value and improve capital…

Octagon urges XAI floating rate alternative income shareholders to vote against new sub-adviser proposal

Octagon Credit Investors urges XAI Floating Rate & Alternative Income Trust shareholders to vote against new sub-adviser proposal on Blue proxy card

Octagon Credit Investors, LLC, a major shareholder of the XAI Floating Rate & Alternative Income Trust (NYSE: XFLT), has published a detailed presentation opposing the proposal to appoint Rockford Tower Asset Management as the Fund’s new sub-adviser. The presentation, filed with the U.S. Securities…