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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
1 13D/G filings on this issuer
0 other filings besides this one
Filer Track Record
49 filings by this filer
48 other filings in the data moat
Short Interest · settle 2026-03-31
DTC 1.00
209,607 shares short · +627.1% vs prior

Other Filings by Saba Capital Management, L.P.

FiledFormIssuerStakeShares
2025-03-13 SCHEDULE abrdn Global Infrastructure Income Fund ASGI 4.92% 1,423,673 view →
2025-03-10 SCHEDULE ABRDN JAPAN EQUITY FUND, INC. 6.98% 976,979 view →
2025-03-07 SCHEDULE Nuveen Multi-Asset Income Fund NMAI 8.82% 2,947,421 view →
2025-03-07 SCHEDULE Neuberger Berman Next Generation Connectivity Fund Inc. NBXG 9.69% 7,632,065 view →
2025-03-07 SCHEDULE Nuveen Core Plus Impact Fund NPCT 4.93% 1,418,628 view →
2025-03-07 SCHEDULE Eaton Vance New York Municipal Bond Fund 19.09% 3,429,696 view →
2025-03-07 SCHEDULE NYLI CBRE Global Infrastructure Megatrends Term Fund MEGI 11.11% 5,784,729 view →
2025-03-07 SCHEDULE NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND NQP 13.59% 5,058,973 view →
2025-03-07 SCHEDULE Eaton Vance California Municipal Bond Fund 16.00% 3,948,286 view →
2025-03-06 SCHEDULE BNY Mellon Municipal Bond Infrastructure Fund, Inc. DMB 6.83% 1,256,242 view →
2025-03-04 SCHEDULE NEW GERMANY FUND INC GF 10.21% 1,664,381 view →
2025-03-03 SCHEDULE BlackRock Capital Allocation Term Trust BCAT 11.67% 12,542,885 view →
2025-02-27 SCHEDULE BlackRock Science & Technology Term Trust BSTZ 7.02% 5,078,335 view →
2025-02-26 SCHEDULE Eaton Vance California Municipal Bond Fund 16.00% 3,948,286 view →
2025-02-26 SCHEDULE BlackRock ESG Capital Allocation Term Trust ECAT 28.02% 28,552,727 view →
2025-02-25 SCHEDULE Neuberger Berman Next Generation Connectivity Fund Inc. NBXG 9.48% 7,467,031 view →
2025-02-25 SCHEDULE abrdn Global Infrastructure Income Fund ASGI 6.10% 1,766,216 view →
2025-02-25 SCHEDULE Nuveen Core Plus Impact Fund NPCT 6.08% 1,749,491 view →
2025-02-24 SCHEDULE NEUBERGER BERMAN MUNICIPAL FUND INC. NBH 6.49% 1,922,039 view →
2025-02-11 SCHEDULE NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND NXJ 11.26% 4,644,785 view →
Showing 20 of 48

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