SEC Form SC 13G filed by RiverNorth/DoubleLine Strategic Opportunity Fund Inc.
$OPP
Finance/Investors Services
Finance
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As announced in a press release dated October 21, 2024 (the "Prior Announcement"), the Board of Directors of the RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund") (NYSE:OPP) has authorized and set the terms of an offering to the Fund's stockholders of 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. Details of the Fund's offering can be found in the prospectus supplement, dated October 30, 2024. The prospectus supplement can be found on the Securities and Exchange Commission's ("SEC") Edgar website at: https://www.sec.gov/ix?doc
RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the 4th quarter of 2024, as detailed below. Ex Date Record Date Payable Date November 1, 2024 November 1, 2024 November 15, 2024 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Preferred Stock OPPPRA $0.27344 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.750%
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund") (NYSE:OPP) announces that its Board of Directors (the "Board") has authorized and set the terms of an offering to the Fund's stockholders of 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. It is anticipated that the Fund will apply for the preferred shares to be listed on the New York Stock Exchange ("NYSE") under the ticker OPPPRC. If the NYSE application is approved, trading on the NYSE in the Series C Preferred Stock is expected to begin within 30 days following the issuance d
RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the 4th quarter of 2024, as detailed below. Ex Date Record Date Payable Date November 1, 2024 November 1, 2024 November 15, 2024 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Preferred Stock OPPPRA $0.27344 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.750%
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for October, November and December 2024, as detailed below. Ex Date Record Date Payable Date October 15, 2024 October 15, 2024 October 31, 2024 November 15, 2024 November 15, 2024 November 29, 2024 December 13, 2024 December 13, 2024 December 31, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 9/30/2024 Annualized Current Distribution Rate at NAV Market Price as of 9/30/2024 Annualized Current Distribution Rate at Market Inception to Date
RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Capital and Income Fund, Inc. are each pleased to announce the declaration of preferred dividends for the third quarter of 2024, as detailed below. Ex Date Record Date Payable Date August 1, 2024 August 1, 2024 August 15, 2024 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Preferred Stock OP
4 - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Issuer)
4 - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Issuer)
3 - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Issuer)
SC 13G/A - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Subject)
SC 13G/A - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Subject)
SC 13G/A - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Subject)
497AD - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Filer)
POS EX - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Filer)
497AD - RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0001678130) (Filer)
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