0001259749-15-000005.txt : 20150505
0001259749-15-000005.hdr.sgml : 20150505
20150505131540
ACCESSION NUMBER: 0001259749-15-000005
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150320
FILED AS OF DATE: 20150505
DATE AS OF CHANGE: 20150505
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BOULDER GROWTH & INCOME FUND
CENTRAL INDEX KEY: 0000102426
IRS NUMBER: 132729672
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 2344 SPRUCE STREET
STREET 2: SUITE A
CITY: BOULDER
STATE: CO
ZIP: 80302
BUSINESS PHONE: 3034445483
MAIL ADDRESS:
STREET 1: 2344 SPRUCE STREET
STREET 2: SUITE A
CITY: BOULDER
STATE: CO
ZIP: 80302
FORMER COMPANY:
FORMER CONFORMED NAME: USLIFE INCOME FUND INC
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JACOBSON DEAN
CENTRAL INDEX KEY: 0001259749
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 811-02328
FILM NUMBER: 15831717
MAIL ADDRESS:
STREET 1: 4747 S LAKESHORE DR
STREET 2: STE 203
CITY: TEMPE
STATE: AZ
ZIP: 85282-7196
4/A
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4/A
2015-03-20
2015-03-24
0
0000102426
BOULDER GROWTH & INCOME FUND
BIF
0001259749
JACOBSON DEAN
4747 S LAKESHORE DR
STE 203
TEMPE
AZ
85282-7196
1
0
0
0
Common Stock
2015-03-20
4
A
0
6242
A
8909
D
Common Stock
2015-03-20
4
A
0
4878
A
13787
D
Common Stock
2015-03-20
4
A
0
1404
A
15191
D
On March 20, 2015, Boulder Total Return Fund, Inc. ("BTF"), The Denali Fund Inc. ("DNY") and First Opportunity Fund, Inc. ("FOFI") reorganized into Boulder Growth & Income Fund, Inc. ("BIF") (the "Reorganization") pursuant to that certain Agreement and Plan of Reorganization, dated as of March 5, 2015 (the "Agreement"). Pursuant to the Agreement, BIF acquired all of the assets and liabilities of BTF, DNY and FOFI in exchange for common shares of BIF (the "BIF Shares").
The Reorganization occurred based on the relative net asset values ("NAV") of BIF, BTF, DNY and FOFI as of the close of regular trading on the New York Stock Exchange on March 20, 2015. At such time, BIF reported net assets of $273,608,352.67 and a NAV per share of $10.73; BTF reported net assets of $413,286,769.95 and a NAV per share of $33.50; DNY reported net assets of $108,819,429.37 and a NAV per share of $26.18; and FOFI reported net assets of $342,875,845.30 and a NAV per share of $11.93. Holders of BTF shares received 3.121182 BIF Shares for each BTF share owned, holders of DNY shares received 2.439214 BIF Shares for each DNY share owned, and holders of FOFI shares received 1.111719 BIF Shares for each FOFI share owned. Fractional shares were paid in cash.
In connection with the Reorganization, Mr. Jacobson received 6,242 BIF Shares (and cash for fractional shares, if any) for his 2,000 Shares of BTF.
In connection with the Reorganization, Mr. Jacobson received 4,878 BIF Shares (and cash for fractional shares, if any) for his 2,000 Shares of DNY.
In connection with the Reorganization, Mr. Jacobson received 1,404 BIF Shares (and cash for fractional shares, if any) for his 1,263.12 Shares of FOFI.
This Form 4/A (this "Amendment") is being filed by the Reporting Person to amend and restate in its entirety the Form 4 originally filed by the Reporting Person with the Securities and Exchange Commission on March 24, 2015 (the "Original Form 4"). This Amendment revises the Original Form 4 by (i) correcting the transaction codes in Column 3 of Table I to reflect that the acquisition of shares was an exempt transaction under Rule 16b-3(d) and not an open market or private purchase of non-derivative or derivative security and (ii) amending the footnotes to provide more adequate disclosure of the Reorganization.
/s/ Dean Jacobson
2015-05-05