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BlackRock Science & Technology Term Trust Proxy Solicitation & Information Statement 2024

Mar 9, 2024

31902_psi_2024-03-11_ee6cf12b-5cfc-45be-9359-0ccbe9db7bea.zip

Proxy Solicitation & Information Statement

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DFAN14A 1 p24-1165dfan14a.htm BLACKROCK SCIENCE AND TECHNOLOGY TERM TRUST

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a)

of the Securities Exchange Act of 1934

Filed by the Registrant o

Filed by a Party other than the Registrant x

Check the appropriate box:

o Preliminary Proxy Statement
o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
o Definitive Proxy Statement
o Definitive Additional Materials
x Soliciting Material Under Rule 14a-12

BlackRock Science and Technology Term Trust

(Name of Registrant as Specified In Its Charter)

Saba Capital Management, L.P.

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Field: Page; Sequence: 1

Field: /Page

Payment of Filing Fee (Check all boxes that apply):

x No fee required.
o Fee paid previously with preliminary materials.
o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.

Field: Page; Sequence: 2

Field: /Page

Boaz R. Weinstein posted the following message to his X account:

Here’s a snippet from @BlackRock’s attempt to punch back despite being in an indefensible position on how they conduct elections: “This is another attempt from Saba’s predictable playbook to over-burden the fund and its board while Saba continues to accumulate shares…”

My reply: Perhaps if the trustees were not working so hard to illegally violate the 1940 Act, they wouldn’t be so ‘over-burdened’ and could assess how it’s even possible that $BIGZ lost $3bn of the $5bn it IPO’d in under 3 years! I’m asking on behalf of the many thousands of shareholders who got crushed.