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SCHEDULE Filed 2025-01-21 Event 2025-01-20 SEC 0001062993-25-000933 →

Saba Capital Management, L.P. BlackRock Innovation & Growth Term Trust BTX

Stake: 27.73% Shares: 60,675,396 CUSIP: 09260Q108 Class: Common Shares, $0.001 par value

Item 4 — Purpose of Transaction

Item 4 is hereby amended and supplemented as follows: On January 20, 2025, Saba Capital Management, L.P. entered into a standstill agreement (the Agreement) with respect to the Issuer, pursuant to which the Issuer agreed to commence a cash tender offer to purchase 50% of its outstanding Common Shares at a price per share equal to 99.5% of the Issuer's net asset value per share (the Tender Offer). Saba Capital agreed to tender the Common Shares then owned by Saba Capital and one or more private funds, non-U.S. public funds or accounts managed by Saba Capital, subject to the terms and conditions therein. The Agreement also provides for customary standstill provisions during the period from the date of the Agreement through the date that is the earliest of (i) the day following the completion of the Issuer's 2027 annual meeting of shareholders or August 31, 2027, whichever is earlier, (ii) such date that the Issuer determines not to conduct or to discontinue the Tender Offer and (iii) August 18, 2025, if payment for the tendered Common Shares has not been made on or prior to that date. In connection with the Agreement, Saba Capital withdrew the shareholder proposal it had previously submitted to the Issuer, pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, on October 9, 2024. The foregoing summary of the Agreement shall not be deemed complete and is qualified in its entirety by reference to the full text of the Agreement, the form of which is attached hereto as Exhibit 7 to this Schedule 13D/A and incorporated by reference herein.

Cross-References

Insider Activity (last 365d)
0 transactions
0 buys · 0 sales · 0 awards/exercises
Issuer Cluster
6 13D/G filings on this issuer
5 other filings besides this one
Filer Track Record
200 filings by this filer
199 other filings in the data moat
Short Interest · settle 2026-07-15
DTC 1.00
249,643 shares short · +44.7% vs prior

Post-Filing Returns · since 2025-01-20 on BTX

+1 day
0.0%
+5 days
-2.2%
+30 days
-0.4%
+60 days
-18.0%
+90 days
-28.0%
+180 days
-3.3%

Anchor price 6.96 on closest trading day on/after 2025-01-20. Source: Yahoo Finance daily adj_close (split + dividend adjusted).

Other 13D/G Filings on BlackRock Innovation & Growth Term Trust

FiledFormFilerStakeShares
2025-07-11 SCHEDULE Saba Capital Management, L.P. view →
2023-12-11 SC Saba Capital Management, L.P. view →
2023-10-11 SC Saba Capital Management, L.P. view →
2023-06-30 SC Saba Capital Management, L.P. view →
2023-06-01 SC Saba Capital Management, L.P. view →

Other Filings by Saba Capital Management, L.P.

FiledFormIssuerStakeShares
2026-07-30 SCHEDULE 13D/A MORGAN STANLEY INDIA INVESTMENT FUND, INC. 853,694 view →
2026-07-24 SCHEDULE 13D/A Royce Micro-Cap Trust, Inc. 6.08% 3,252,976 view →
2026-07-22 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust 16,865,321 view →
2026-06-29 SCHEDULE 13D/A NYLI CBRE Global Infrastructure Megatrends Term Fund MEGI 3,465,327 view →
2026-06-29 SCHEDULE 13D/A GENERAL AMERICAN INVESTORS COMPANY, INC. GAM-PB 1,751,470 view →
2026-06-29 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust ECAT 18.03% 17,930,744 view →
2026-06-16 SCHEDULE 13D/A The New Germany Fund, Inc. GF 3,563,777 view →
2026-06-16 SCHEDULE 13D/A The Mexico Fund, Inc. MXF 2,234,685 view →
2026-06-15 SCHEDULE 13D/A The Gabelli Dividend & Income Trust GDV-PK 4,715,534 view →
2026-06-04 SCHEDULE 13D/A Highland Opportunities and Income Fund HFRO-PB 5,799,399 view →
2026-06-04 SCHEDULE 13D/A Clough Global Equity Fund GLQ 881,942 view →
2026-06-03 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust ECAT 19.14% 19,034,941 view →
2026-05-28 SCHEDULE 13D/A The New Germany Fund, Inc. GF 20.79% 3,375,282 view →
2026-05-28 SCHEDULE 13D/A The Mexico Fund, Inc. MXF 14.33% 2,065,923 view →
2026-05-28 SCHEDULE 13D/A ASA Gold and Precious Metals Limited ASA 31.91% 5,903,701 view →
2026-05-14 SCHEDULE 13D/A ASA Gold and Precious Metals Limited ASA 31.91% 5,903,701 view →
2026-05-11 SCHEDULE 13D/A BlackRock ESG Capital Allocation Term Trust ECAT 20,188,874 view →
2026-05-11 SCHEDULE 13D/A Clough Global Opportunities Fund GLO 3,500,205 view →
2026-01-28 SCHEDULE ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND AFB 7.92% 2,277,251 view →
2026-01-23 SCHEDULE ASA Gold & Precious Metals Ltd ASA 28.96% 5,465,362 view →
Showing 20 of 199

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