Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 48

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 48
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 of the material U.S. federal income tax considerations applicable to the issuance or exercise of such subscription rights; |

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| ● | the date on which the right to exercise such subscription rights will commence, and the date on which such right will expire (subject to any extension); |

| ● | the extent to which such subscription rights include an over-subscription privilege with respect to unsubscribed securities and the terms of such over-subscription privilege; |

| ● | any termination right we may have in connection with such subscription rights offering; and |

| ● | any other terms of such subscription rights, including exercise, settlement and other procedures and limitations relating to the transfer and exercise of such subscription rights. |

Exercise of Subscription Rights. Each subscription right would entitle the holder of the subscription right to purchase for cash such number of shares
at such exercise price as in each case is set forth in, or be determinable as set forth in, the prospectus supplement relating
to the subscription rights offered thereby, Subscription rights would be exercisable at any time up to the close of business on
the expiration date for such subscription rights set forth in the prospectus supplement. After the close of business on the expiration
date, all unexercised subscription rights would become void.

Subscription rights
would be exercisable as set forth in the prospectus supplement relating to the subscription rights offered thereby. Upon expiration
of the rights offering and the receipt of payment and the subscription rights certificate properly completed and duly executed
at the corporate trust office of the subscription rights agent or any other office indicated in the prospectus supplement we would
issue, as soon as practicable, the shares purchased as a result of such exercise. To the extent permissible under applicable law,
we may determine to offer any unsubscribed offered securities directly to persons other than stockholders, to or through agents,
underwriters or dealers or through a combination of such methods, as set forth in the applicable prospectus supplement.

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Certain Provisions of the Fund’s Governing Documents and Maryland Laws</div>

The Fund presently
has provisions in its Governing Documents that could have the effect of limiting:

| ● | the ability of other entities or persons to acquire control of the Fund’s Board; |

| ● | the Fund’s freedom to engage in certain transactions; or |

| ● | the ability of the Fund’s Directors or stockholders to amend the Governing Documents or effectuate changes in the Fund’s