Tender Offer - Variant Impact Fund

Form Type: N-23C3A

Filing Date: 2025-05-23

Corporate Action: Tender-offer

Type: New

Accession Number: 000121390025047258

Filing Summary: Variant Impact Fund has filed a notification of a quarterly repurchase offer to its shareholders as required by the Investment Company Act. This offer provides shareholders with the opportunity to access their assets and gain liquidity during the offer period from May 23, 2025, to June 13, 2025. The Fund is offering to repurchase up to ten percent (10%) of its outstanding shares at the net asset value (NAV) determined on June 13, 2025. The NAV for institutional shares was reported as $27.28 as of May 22, 2025, but may fluctuate. Requests for share repurchases must be submitted by 4:00 p.m. Eastern Time on June 13, 2025. The Fund may conduct the repurchase on a pro rata basis if more than the specified percentage of shares are tendered. Shareholders wishing to withdraw or modify their repurchase requests can do so until the deadline. The document also outlines potential tax consequences and other important terms related to the repurchase offer.