O’Leary Funds Management LP has postponed the proposed special meetings of unitholders and warrantholders of O’Leary Global Equity Income Fund (TSX: OGE.un, TSX:OGE.wt), the company said Tuesday.

O’Leary had called the meetings to reorganize the fund into an open-ended mutual fund.

In response to feedback various stakeholders, O’Leary says “it was has decided that postponing the proposed meetings would be the most beneficial course of action for unitholders and warrantholders of the fund.”

Depending on market conditions, O’Leary may propose holding new meetings to vote on the reorganization following the expiry of the fund’s outstanding warrants on December 31.

IE