RiverNorth Opportunities Fund Announces Transferable Rights Offering to Buy Additional Shares of Common Stock.

RiverNorth Opportunities Fund announces a transferable rights offering to its common stockholders, allowing them to purchase additional shares of common stock. The offering will be made pursuant to the Fund's shelf registration statement and only by means of a prospectus supplement and accompanying prospectus. Record Date Stockholders will receive one Right for each share of common stock held on the Record Date, and the subscription price per share will be determined based on a formula equal to 92.5% of the reported net asset value or 95% of the market price per share of common stock, whichever is higher on the Expiration Date. The subscription period will expire on October 6, 2025.

RiverNorth Opportunities Fund, Inc. (NYSE: RIV) has authorized a transferable rights offering to its common stockholders, allowing them to purchase additional shares of common stock. The offering will be made pursuant to the Fund's shelf registration statement and only by means of a prospectus supplement and accompanying prospectus [1].

Record Date Stockholders will receive one Right for each share of common stock held on the Record Date, which is September 11, 2025. The subscription price per share of common stock will be determined based on a formula equal to 92.5% of the reported net asset value or 95% of the market price per share of common stock, whichever is higher on the Expiration Date. The Expiration Date is October 6, 2025, unless extended by the Board [1].

Investors should note that Record Date Stockholders who fully exercise all Rights initially issued to them in the Primary Subscription will be entitled to buy those shares of common stock that are not purchased by other Record Date Stockholders. The subscription period will expire on October 6, 2025, unless extended by the Board [1].

The Fund's investment objective is total return consisting of capital appreciation and current income. As of July 31, 2025, the Fund had approximately $268.5 million of net assets and 21.5 million shares of common stock outstanding [1].

Investors are advised to review the prospectus supplement and accompanying prospectus carefully before making any investment decisions. The securities described in this release may not be sold nor may offers to purchase be accepted prior to the time the prospectus supplement and accompanying prospectus are filed with the SEC [1].

References:
1. [RiverNorth Opportunities Fund, Inc. Announces Transferable Rights Offering](https://www.stocktitan.net/news/RIV/river-north-opportunities-fund-inc-announces-transferable-rights-5is4rvymjmye.html)