SPECIAL OPPORTUNITIES FUND, INC. (SPE) DEFINITIVE PROXY STATEMENT SUMMARY

This Schedule 14A solicits proxies for the Annual Meeting on December 11, 2025. The record date is October 20, 2025.

Key Investor Information

• Proposals: Election of six Directors:
  • 4 elected by Common/Preferred voting together (plurality).
  • 2 elected by Preferred Stock voting separately (plurality).
• Capital Structure (Oct 20, 2025): 10.62M Common Shares and 2.24M Preferred Shares outstanding.
• Governance & Board Changes:
  • The Audit Committee and Valuation Commit