Foxby Corp. (FXX) Files For Delisting From AMEX

October 14, 2008 4:44 PM EDT
Foxby Corp. (AMEX: FXX) has filed a Form 25 with the Securities and Exchange Commission ("SEC") to withdraw the listing of its common stock from the American Stock Exchange ("AMEX") to become effective on October 24, 2008.

The Fund expects that delisting will allow management to focus its resources on pursuing the Fund's investment objectives and position the Fund to enhance long term stockholder value. The Fund will continue to maintain its investment company registration and update its stockholders with financial information as required.

Following the effectiveness of the Form 25 filing, the Fund anticipates that its common stock will be quoted over-the-counter on the OTC Bulletin Board ("OTCBB") or Pink OTC Markets Inc. ("Pink Sheets") to the extent market makers commit to make a market in the Fund's shares, although the Fund can provide no assurance that trading in the stock will continue. [SM]

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