X0306 4 2022-02-07 0 0000897802 SPECIAL OPPORTUNITIES FUND, INC. SPE 0001067621 GOLDSTEIN PHILLIP 60 HERITAGE DRIVE PLEASANTVILLE NY 10570 1 1 0 0 Chairman and Secretary Common Stock 2022-02-07 4 P 0 2000 14.755 A 21350 D 2.75% Convertible Preferred Stock, Series C 0 Common Stock 11426 9369 D Shares of 2.75% Convertible Preferred Stock, Series C ("Preferred Stock") are convertible into common stock immediately upon issuance at a conversion rate equivalent to a conversion price of $20.50 per share of common stock (which is a ratio of 1.2195 shares of common stock for each share of Preferred Stock held), subject to adjustment. The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to January 21, 2027. /s/ Stephanie Darling, as Power of Attorney for Phillip Goldstein 2022-02-09