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 June 30, 2023 to holders of record as of June 21, 2023.

Shannon Coyle, U.S. Bank Global Fund Services (1-414-516-1693)

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