XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund") has announced August 6, 2026, as the date for the adjourned Special Meeting of Shareholders, allowing shareholders more time to review important materials related to the proxy contest, including the details of the Fund’s proposed liquidity plan and the "FOR" recommendations by two leading proxy advisors Institutional Shareholder Services ("ISS") and Glass, Lewis & Co. LLC ("Glass Lewis") in favor of the proposed sub-advisory agreement (the "King Street Sub-Advisory Agreement") among the Fund, XAI and Rockford Tower Asset Management, L.L.C. (the "King Street Sub-Adviser"), a wholly owned subsidiary of King Street Capital Management, L.P. ("King Street").

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.