Tender Offer - ACAP Strategic Fund

Form Type: N-23C3A

Filing Date: 2025-02-14

Corporate Action: Tender-offer

Type: New

Accession Number: 000120677425000073

Filing Summary: ACAP Strategic Fund (the 'Fund') is offering to repurchase up to twenty-five percent (25%) of its shares of beneficial interest ('Shares') issued and outstanding as of March 17, 2025, at a share price equal to the net asset value per share ('NAV') on March 31, 2025. The Repurchase Offer aims to provide liquidity as no secondary market exists for the Fund's Shares. Shareholders are notified they can request the repurchase of their Shares until March 17, 2025. If requests exceed the number of Shares authorized for repurchase, the Fund may repurchase Shares on a pro rata basis. The NAV as of February 7, 2025, is detailed for Class A and Class W Shares. Shareholders may withdraw or modify their requests before the deadline, and tax consequences of share repurchases are provided. The Offer period commences on February 14, 2025, and ends on March 17, 2025.

Document Link: View Document