SEC Form SC 13G/A filed by RiverNorth Specialty Finance Corporation (Amendment)
$RSF
Investment Managers
Finance
Unavailable
Unavailable
Save time and jump to the most important pieces.
RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 2, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 2,129,843 shares were submitted for redemption and 193,024 shares were repurchased. In accordance with the terms and conditions of the repurchase offer, because the number of shares submitted for redemption exceeds the number of shares offered to purchase, the Fund will purchase shares from tendering shareholders on a pro-rata basis
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
As announced in a press release dated September 4, 2024 (the "Prior Announcement"), the Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The Prior Announcement had noted an anticipated redemption date of October 4, 2024; however, the Fund has determined that the redemption will occur on October 31, 2024 (the "Mandatory Redemption Date"). The Series A Preferred Stock redemption price is now estimated to be $25.31 per share of Series A Preferred Stock, which is equal to the liquidation preference
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
SC 13G/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
SC 13G/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
SC 13G/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
25-NSE - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
N-2/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
8-K - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
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
As announced in a press release dated September 4, 2024 (the "Prior Announcement"), the Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The Prior Announcement had noted an anticipated redemption date of October 4, 2024; however, the Fund has determined that the redemption will occur on October 31, 2024 (the "Mandatory Redemption Date"). The Series A Preferred Stock redemption price is now estimated to be $25.31 per share of Series A Preferred Stock, which is equal to the liquidation preference
The Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The anticipated redemption date is October 4, 2024 (the "Redemption Date"), but the redemption may be effected on a subsequent date no later than the mandatory redemption date of October 31, 2024, due to changes in market conditions or otherwise as determined by the Fund. The Series A Preferred Stock redemption price is estimated to be $25.20 per share of Series A Preferred Stock, which is equal to the liquidation preference of $25.00 per sha
Thursday marks the last chance for investors to receive the next dividend payout from RiverNorth Capital (NYSE:RSF). What's Happening The company announced on Tuesday that it would pay shareholders a monthly dividend of 13.98 cents per share. On Friday, RiverNorth Capital will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 13.98 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own RSF as of the end of Thursday's session are eligible to receive the 13.98 cent
On Wednesday, 479 stocks made new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the largest firm by market cap to set a new 52-week low. Jaguar Health (NASDAQ:JAGX) was the smallest company when considering market cap to set a new 52-week low. Bellicum Pharmaceuticals (NASDAQ:BLCM) shares traded down 47.66% to reach its 52-week low, making it the biggest loser. Tyson Foods (NYSE:TSN) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Wednesday are as follows: Bank of America (NYSE:BAC) stock achieved a new 52-week low on Wednesday morning, hitting $27.68
OnThursday, 28 stocks made new 52-week lows. Interesting Facts About Today's 52-Week Lows: Dominion Energy (NYSE:D) was the largest firm by market cap to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Mobiquity Technologies (NASDAQ:MOBQ). Atlis Motor Vehicles (NASDAQ:AMV) made the largest move down on the session, with shares plummeting 35.88% to reach its 52-week low. Tellurian (AMEX:TELL)'s stock showed potential to rebound, rebounding up 0.33% after reaching a new 52-week low. The following stocks set new 52-week lows on Thursday: Liberty SiriusXM Gr (NASDAQ:LSXMA) stock drifted down 1.76% on Thursday morning to hit a new 52-week low