WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the âFundâ) announces that its Board of Directors (the âBoardâ) has authorized and set the terms of an offering to the Fundâs common stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights (âRightsâ) to its common stockholders of record as of September 11, 2025 (the âRecord Dateâ and such stockholders, âRecord D
Related Questions
What is the subscription price and discount of the rights compared to the current market price?
How will the rights offering dilute existing shareholders and affect the Fund's earnings per share?
What is the anticipated uptake rate and timeline for the rights exercise, and how might it influence shortâterm liquidity and stock volatility?