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BlackRock Health Sciences Term Trust (BMEZ) Announces Final Results of Tender Offer

1. BMEZ's tender offer for 40% shares was undersubscribed. 2. The fund will still purchase all properly tendered shares.

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FAQ

Why Bearish?

An undersubscribed tender offer suggests lower investor confidence and can negatively impact share price, similar to past scenarios where unsold shares led to price declines.

How important is it?

The undersubscribed tender indicates potential concerns about the trust's attractiveness, impacting long-term investment sentiment and shareholder confidence.

Why Short Term?

The immediate consequence of the tender offer results will likely affect the stock price quickly within the next few weeks.

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BMEZBHCXLV
NEW YORK--(BUSINESS WIRE)---- $BMEZ--BlackRock Health Sciences Term Trust (the “Fund”) announced today the final results of the Fund's tender offer (the “Tender Offer”) for up to 40% of its outstanding common shares (the “Shares”), which expired on April 17, 2025. The Tender Offer was undersubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase all Shares properly tendered from all tendering shareholders. Payment for Shares tendered and accepted are.

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