RiverNorth Opportunities Fund announces transferable share rights offering
RIV•Transferable subscription rights offering announced
RiverNorth Opportunities Fund launched a transferable subscription rights offering for common stockholders of record on Aug. 31, 2026.
One right per share held; holders can buy 1 new share for every 3 rights, with rounding to avoid fractional shares.
Rights are expected to list on the NYSE; when-issued trading under RIV RTWI starts Aug. 28, 2026.
Regular-way trading under RIV RT begins Sept. 4, 2026; the subscription period expires Sept. 23, 2026 unless extended.
The subscription price is set at 90% of NAV or 95% of market price, whichever is higher on the expiration date.
