Articles from RiverNorth

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on November 18, 2025 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 1,180,525 shares of common stock from rights holders. Accordingly, the Fund expects to issue 1,180,525 new shares of common stock for these subscriptions, pending the receipt of payment for “delivery guaranteed” subscriptions, on or about November 24, 2025. Gross proceeds from the Offering are expected to total approximately $9.4 million, before expenses.

Several RiverNorth closed-end funds (the “Funds”) have announced the declaration of monthly distributions for January, February and March 2022 in accordance with each Fund’s level distribution policy, as detailed below.