Rivernorth Opportunities Fund - Expects To Issue About 3.4 Million New Shares From Rights Offering
RiverNorth Opportunities Fund Inc NYSE:RIV
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RiverNorth Opportunities Fund expects to issue 3,356,796 shares in rights offering priced at $10.49 each
RiverNorth Opportunities Fund reported preliminary results of a transferable rights offering that expired Sept. 23, 2026. Subscriptions covered 3,356,796 shares; the fund expects to issue 3,356,796 new shares around Sept. 28, pending payments. Gross proceeds expected at about $35.2 million; final subscription price set