Saba Capital Announces Final Voting Results of Special Meeting of ASA Gold and Precious Metals Shareholders
ASA Shareholders Vote to Expand Board to Five Members and to Elect Independent Governance Expert Maryann Bruce
NEW YORK, June 17, 2025--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba"), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) ("ASA" or the "Fund") with 17.2% ownership of the Fund's outstanding shares, today announced the final certified voting results of the Fund's Special Meeting of Shareholders (the "Special Meeting") held on June 13, 2025. The final voting results of the Special Meeting confirm that shareholders voted to expand ASA's Board of Directors (the "Board") to five members and to elect independent candidate Maryann Bruce as the fifth director.
The five-member Board is now composed of Maryann Bruce, Ketu Desai, William Donovan, Mary Joan Hoene and Paul Kazarian. The Board will serve until the 2025 Annual Meeting of Shareholders, at which time shareholders will vote on the composition of the entire Board.
The final voting results have been certified by the independent Inspector of Elections.
About Saba Capital
Saba Capital Management, L.P. is a global alternative asset management firm that seeks to deliver superior risk-adjusted returns for a diverse group of clients. Founded in 2009 by Boaz Weinstein, Saba is a pioneer of credit relative value strategies and capital structure arbitrage. Saba has offices in New York City and London. Learn more at www.sabacapital.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250617904588/en/
Contacts
Longacre Square PartnersKate Sylvester, 646-386-0091ksylvester@longacresquare.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
26 minutes ago
- Bloomberg
Dr. Phil's Media Company Cuts 40 More Jobs, Pauses Evening News
Merit Street Media, the company founded by celebrity psychologist Phil McGraw, has cut jobs and paused some programming, according to a spokesperson. The business, based in Fort Worth, Texas, laid off about 40 staffers this week. An evening news show airing on the company's MeritTV network is being retooled and could return in the fall, the spokesperson said. A morning news program continues and will be supplemented by hourly news breaks.
Android Authority
36 minutes ago
- Android Authority
This 32-inch Insignia Fire TV is only $69.99! (Record-low price)
We know this is not the most exciting TV around, but it isn't supposed to be. Instead, it is meant to be a good screen for the kitchen, dining room, or a smaller bedroom. There's also a reason why it's Amazon's top-selling TV! It is super cheap, especially right now that it's on sale for a mere $69.99. Buy the Insignia 32-Inch F20 Series Amazon Smart TV for just $69.99 ($60 off) This offer is available from Amazon, but since Insignia is a Best Buy brand, it is shipped and sold by Best Buy. We're referring to the 32-inch model, but the 24-inch version costs the same, so you can get a smaller screen if you prefer. Insignia 32-Inch F20 Series Amazon Smart TV Insignia 32-Inch F20 Series Amazon Smart TV A low-end TV for the kids or grandparents. The Insignia F20 series delivers a meager 720p 32-inch panel. But at least you also get Fire TV support, AirPlay functionality, and a low price. See price at Amazon Save $60.00 Limited Time Deal! Again, this is meant to be a less fancy screen for a bedroom, or a smaller space like a kitchen. The display measures 32 inches, and it has a 720p HD resolution, along with a 60Hz refresh rate. Again, nothing fancy, but one thing I am surprised about is that it does come with Fire TV OS baked in. This means you get access to all your favorite streaming apps, including Netflix, YouTube, Amazon Prime Video, Hulu, Apple TV, and more. You can even use Amazon Luna, so it can handle high-quality games on the cloud! Because it has direct access to Alexa, you can even use the TV to control your smart home devices. You can also ask it for information, request alarms, control skills, and more. In terms of ports, you get three HDMI ports, which is actually quite surprising for such an affordable display. It also has a 3.5mm AUX port and an optical output. At $69.99, it's hard to beat this offer for the right customer. Again, keep in mind this is a record-low price. The last time we saw this TV at this low cost was back in December 2024. The offer may not stick around for long, so take advantage of this deal soon!
Bloomberg
an hour ago
- Bloomberg
Andreessen Horowitz Backs AI Startup With Slogan ‘Cheat at Everything'
Andreessen Horowitz led a $15 million funding round for an artificial intelligence startup called Cluely Inc., famous on social platforms like X for controversial viral marketing stunts and the slogan 'cheat on everything.' The startup was co-founded by 21-year-old Roy Lee, who was booted from Columbia University earlier this year for creating a tool called Interview Coder that helped technical job candidates cheat on interviews using AI. At the time, he wrote on LinkedIn, 'I'm completely kicked out from school. LOL!'
