of Bluestem Group Inc. declared a special cash distribution of $0.462 per share of the company’s outstanding common stock and Series A Participating Convertible Preferred Stock. The purpose of this is to clarify that the Company does not expect the Special Distribution to be paid from current or accumulated earnings and profits. The Special Distribution will be payable on November 9, 2020 to holders of record at the close of business on October 27, 2020.