RENN Fund, Inc. Shareholders Approve New Investment Advisor

The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) held its Special Meeting of Shareholders on June 29, 2017 and approved all proposals.

Horizon Asset Management LLC was elected the new investment manager. The new directors elected were Murray Stahl, Eric Sites, Alice Brennan and Herbert Chain. Russell Cleveland will continue to serve on the Board.

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