 MIAMI BEACH, Fla., Oct. 04, 2021 GLOBE NEWSWIRE -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced its intention to commence a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. Nasdaq: CUBA the Fund on October 12, 2021, in accordance with the Funds three-year plan to address the Funds trading price discount to its net asset value NAV per share that was previously announced on May 31, 2019 the Plan. 