Newegg commerce: Galkin family buys $5.8M in NEGG stock
Saba Capital Management, a ten percent owner in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT), reported selling 4,497 shares of common stock on June 23, 2025. The shares were sold at a price of $6.45, totaling $29,005.
Following the transaction, Saba Capital Management beneficially owns 1,712,853 shares of GAMCO Natural Resources, Gold & Income Trust. The sale was also reported by Boaz Weinstein, also listed as a ten percent owner.
In other recent news, GAMCO Natural Resources, Gold & Income Trust has announced amendments to the terms of its Series B Cumulative Preferred Shares. The amendment introduces additional holder put dates, allowing shareholders the option to sell their shares back to the Fund during specific 60-day periods before March 26, 2026, and March 26, 2027. This strategic change, effective April 2, 2025, is aimed at providing more flexibility to Series B Preferred Shareholders. The details were outlined in an 8-K filing with the Securities and Exchange Commission. The filing also confirmed that there has been no change in the fiscal year, which ends on December 31. The trust remains committed to compliance with the Securities Exchange Act of 1934, as indicated by the signature of John C. Ball (NYSE:BALL), the President and Treasurer. Investors can find the complete amendment text as Exhibit 3.1 attached to the filing. This development is part of the trust’s ongoing efforts to adjust its financial instruments to better meet investor needs.
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