BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > why prospectus 1.2 B, acquisition or merger?

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Comment by quinlashon Apr 16, 2021 8:51am

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Post# 33009715

RE:why prospectus 1.2 B, acquisition or merger?

We actually do not know what the dilution would look like, that will depend on what price HEXO can get per share. If the market sets the price at $7 or $8 bucks per share at the time the company needs to raise capital then that will play on how many share need to be issued. If the market sets the price back up in the $10 to $14 range then less will be needed. The higher the price the better.

News moves the markets. If the SAFE Act gets moving, if HEXO announces a pending deal on the US side of the border, etc etc etc, it is reasonable to expect the shareprice will increase. The market can provide news and HEXO can provide news, what they provide and when is up to them.

Q