OPP. RVRNRTH DBLN STR

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Launches Preferred Stock Offering

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Launches Preferred Stock Offering
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13/10/2020

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OPP.RVRNRTH DBLN STR

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Reports on RVRNRTH DBLN STR

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RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategi...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the first quarter of 2025, as detailed below.   Ex Date Record Date Payable Date February 3, 2025 February 3, 2025 February 14, 2025   Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $...

January 17, 2025 1 EN
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RiverNorth Capital and Income Fund, Inc. Announces Final Results of Re...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on January 2, 2025. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,682,942 shares were submitted for redemption and 183,195 shares were repurchased. In accordance with the terms and conditions of the repurchase offer, because the number of shares submitted f...

January 3, 2025 1 EN
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RiverNorth Closed-End Funds Declare Monthly Distributions

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the reset distribution rates have been proposed for the calendar year 2025, as detailed below. Further, the Funds have established the distribution dates for January, February, and March 2025. The payment of the distributions are subject to Board approval. Ex Date Record Date Payable Date January 15, 2025 January 15, 2025 January 31, 2025 February 14, 2025 February 14, 2025 February 28, 2025 March ...

January 2, 2025 1 EN
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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the final results of its inseparable non-transferable rights to purchase additional shares of common stock and newly issued 6.00%, 3-Year Term, Series C Term Preferred Stock (the “Series C Preferred Stock”) of the Fund (the “Offering”). The Fund will issue a total of 838,412 new shares of common stock and 419,206 new shares of Series C Preferred Stock as a result of the Offering, which closed on November 25, 2024 (the “Expiration Date”). The subscription pr...

November 29, 2024 1 EN
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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Preli...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the preliminary results of its inseparable non-transferable rights to purchase additional shares of common stock and newly issued 6.00%, 3-Year Term, Series C Term Preferred Stock (the “Series C Preferred Stock”) of the Fund (the “Offering”) that expired on November 25, 2024 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 838,486 shares of common stock and 419,243 shares of Series C Preferred Stock from rights holders. Ac...

November 26, 2024 1 EN

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