0000902664-24-002537.txt : 20240321 0000902664-24-002537.hdr.sgml : 20240321 20240321171015 ACCESSION NUMBER: 0000902664-24-002537 CONFORMED SUBMISSION TYPE: DFAN14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240321 DATE AS OF CHANGE: 20240321 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Innovation & Growth Term Trust CENTRAL INDEX KEY: 0001836057 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-23625 FILM NUMBER: 24772256 BUSINESS ADDRESS: STREET 1: BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19808 BUSINESS PHONE: 800 882 0052 MAIL ADDRESS: STREET 1: BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19808 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock Innovation & Growth Trust DATE OF NAME CHANGE: 20201210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Saba Capital Management, L.P. CENTRAL INDEX KEY: 0001510281 ORGANIZATION NAME: IRS NUMBER: 800361690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A BUSINESS ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 58TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 BUSINESS PHONE: 212-542-4635 MAIL ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 58TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 DFAN14A 1 p24-1256dfan14a.htm BLACKROCK INNOVATION & GROWTH TERM TRUST

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a)

of the Securities Exchange Act of 1934

Filed by the Registrant ¨

Filed by a Party other than the Registrant þ

Check the appropriate box:

¨	Preliminary Proxy Statement
¨	Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
¨	Definitive Proxy Statement
¨	Definitive Additional Materials
þ	Soliciting Material Under Rule 14a-12

BlackRock Innovation and Growth Term Trust

(Name of Registrant as Specified In Its Charter)

Saba Capital Management, L.P.

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

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¨	Fee paid previously with preliminary materials.

¨	Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.

Boaz R. Weinstein retweeted the following message to his X account:

As I have stated before, the two crazy parts of this is

1) BlackRock has a fiduciary to do what is best for fund shareholder but they keep fighting in court proposals that actually benefit shareholders

2) this is common sense. Shareholders rights are not some holistic practice. It’s the underlying foundation that makes American markets better than any other countries. BlackRock is literally creating obstacles that squash shareholders rights

Boaz R. Weinstein also posted the following message to his X account:

From @Blackrock: “Today’s unilateral and arbitrary decision by Board of Education Chair Aaron Kinsey jeopardizes Texas schools and the families who have benefited from BlackRock’s consistent long-term outperformance for the Texas Permanent School Fund.”

Um, $BIGZ shareholders beg to differ. @BlackRock lost $3bn of their money in just 3 years, nearly $300mm from the discount which they continue to stymie shareholders from fixing. The chart below is from their own annual report vs their benchmark.