RiverNorth Opportunities Fund, Inc. (RIV)

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have established the distribution dates for April, May and June 2025. The payment of the distributions are subject to Board approval.

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the reset distribution rates have been proposed for the calendar year 2025, as detailed below. Further, the Funds have established the distribution dates for January, February, and March 2025. The payment of the distributions are subject to Board approval.

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.

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for July, August and September 2024, as detailed below.

RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) is pleased to announce that on May 14-15, 2024, the Board of Directors of the Fund (the “Board”) approved a change to the fiscal year end (“FYE”) of the Fund, as set forth in the table below.

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 second quarter of 2024, as detailed below.

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below.

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the distribution rates have been reset for the calendar year 2024, as detailed below. Further, the Funds have declared distributions for January, February, and March 2024.

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for October, November and December 2023 in accordance with each Fund’s level distribution policy. Details below.

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for July, August and September 2023 in accordance with each Fund’s level distribution policy. Details below.

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for April, May and June 2023 in accordance with each Fund’s level distribution policy. In addition, the RiverNorth Flexible Municipal Income Fund, Inc. has declared a capital gain distribution. Details below.

In accordance with the RiverNorth closed-end funds' (the “Funds”) level distribution policies, the distribution rates have been reset for the calendar year 2023, as detailed below. Further, the Funds have declared distributions for January, February and March 2023.

RiverNorth Opportunities Fund, Inc. (the “Fund”) (NYSE: RIV) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 2,752,078 new shares of common stock as a result of the Offering, which closed on November 8, 2022 (the “Expiration Date”).

RiverNorth Opportunities Fund, Inc. (the “Fund”) (NYSE: RIV) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on November 8, 2022 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 2,752,078 shares of common stock from rights holders. Accordingly, the Fund expects to issue 2,752,078 new shares of common stock for these subscriptions, pending the receipt of payment for “delivery-guaranteed” subscriptions, on or about November 10, 2022. Gross proceeds from the Offering are expected to total approximately $32.9 million, before expenses. Shares of common stock issued pursuant to the Offering will be record date shares for the purposes of the Fund's November 2022 distribution payable.

RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s stockholders of rights to purchase additional shares of common stock of the Fund.