 MIAMI BEACH, Fla., Jan. 29, 2021 GLOBE NEWSWIRE -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today updated its announcement of December 21, 2020 regarding an Interim Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. Nasdaq: CUBA the Fund. The Fund will commence the Interim Tender Offer on or about February 12, 2021, on terms previously announced. The Fund will offer to purchase up to 5 of outstanding shares of the Fund at 97.5 of NAV. The formal offer and specific date and detailed terms of the tender will be announced in the near future. 