UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
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 ☒
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| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☒ | Soliciting Material under §240.14a-12 |
PUERTO RICO RESIDENTS TAX-FREE FUND IV, INC.
(Name of Registrant as Specified In Its Charter)
Ocean Capital LLC
William Heath Hawk
José R. Izquierdo II
Brent D. Rosenthal
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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On November 18, 2021, Ocean Capital LLC (“Ocean Capital”) updated its campaign website by adding information relating to its nomination notices submitted to Puerto Rico Residents Tax-Free Fund, Inc. and Puerto Rico Residents Tax-Free Fund IV, Inc. on November 15, 2021 and November 16, 2021, respectively. Ocean Capital’s campaign website is available at https://improveubsprfunds.com/. Copies of the updated materials are filed herewith as Exhibit 1.
Exhibit 1
CERTAIN INFORMATION CONCERNING THE PARTICIPANTS
To the Shareholders of Puerto Rico Residents Tax-Free Fund, Inc. (“Fund I”):
Ocean Capital and the other participants in its solicitation (collectively, the “Fund I Participants”) intend to file with the Securities and Exchange Commission (the “SEC”) a definitive proxy statement and accompanying form of BLUE proxy card to be used in connection with the solicitation of proxies from the shareholders of Fund I with respect to its upcoming annual meeting of shareholders. All shareholders of Fund I are advised to read the definitive proxy statement and other documents related to the solicitation of proxies by the Fund I Participants when they become available, as they will contain important information, including additional information relating to the Fund I Participants and their direct or indirect interests, by security holdings or otherwise. The definitive proxy statement and an accompanying BLUE proxy card will be furnished to some or all of Fund I’s shareholders and will be, along with other relevant documents, available at no charge on the SEC’s website at http://www.sec.gov.
Information about the Fund I Participants and a description of their direct or indirect interests, by security holdings or otherwise, is contained in a preliminary proxy statement on Schedule 14A filed by the Fund I Participants with the SEC on November 16, 2021. This document is available free of charge from the source indicated above.
To the Shareholders of Puerto Rico Residents Tax-Free Fund IV, Inc. (“Fund IV”):
Ocean Capital and the other participants in its solicitation (collectively, the “Fund IV Participants”) intend to file with the SEC a definitive proxy statement and accompanying form of BLUE proxy card to be used in connection with the solicitation of proxies from the shareholders of Fund IV with respect to its upcoming annual meeting of shareholders. All shareholders of Fund IV are advised to read the definitive proxy statement and other documents related to the solicitation of proxies by the Fund IV Participants when they become available, as they will contain important information, including additional information relating to the Fund IV Participants and their direct or indirect interests, by security holdings or otherwise. The definitive proxy statement and an accompanying BLUE proxy card will be furnished to some or all of Fund IV’s shareholders and will be, along with other relevant documents, available at no charge on the SEC’s website at http://www.sec.gov.
Information about the Fund IV Participants and a description of their direct or indirect interests, by security holdings or otherwise, is contained in a preliminary proxy statement on Schedule 14A filed by the Fund IV Participants with the SEC on November 17, 2021. This document is available free of charge from the source indicated above.
