Spin-off detail

WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. -> SpinCo

HIO / n/a ยท detected 2026-03-09

Lifecycle
Announced
stage pending
Triage
Monitor
MONITOR
Confidence
29%
detection/extraction
Listing
n/a
distribution n/a
Extracted thesis

The Meeting is held for the following purposes: 1.

For purposes of determining the presence of a quorum for transacting business at the Meeting, abstentions and broker non-votes, if any, will be treated as shares that are present but which have not been voted.

For purposes of the election of Directors, abstentions and broker non-votes are votes entitled to be cast, and will therefore have the same effect as votes “against”

For purposes of the ratification of PwC as the independent registered public accountants, abstentions and broker non-votes, if any, will be counted as represented at the Meeting but will not be considered votes cast.

Officers of the Fund receive 17 no compensation from the Fund although they may be reimbursed by the Fund for reasonable out-of-pocket travel expenses for attending Board meetings.

Risk flags
Estimated float is unavailable from current filing data. risk
Source Links
3-Year Financials
Revenue by year
Operating income or ebit by year
Margin by year
Margin trend
Ownership and float
Total shares
Parent retained shares percent
Insider or management shares percent
Restricted or locked up shares
Estimated float percent
Assumption noteFloat estimate unavailable from filing text.
Management incentives
Management ownership percent
Equity comp alignment indicators["20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.", "Soliciting Material Pursuant to Rule 14a-12 WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC.", "Pursuant to respective sub-advisory agreements with Western Asset Management Company, LLC (“Western Asset”) and Western Asset Management Company Limited in London (“Western Asset Limited”), each serves as the Fund’s subadvisers."]
Parent to spinoff leadership migration