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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.