RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Non-Transferable Rights Offering for Common and Preferred Stock
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)
US:NYSE Investor Relations:
rivernorth.com/closed-end-funds/opp
Company Research
Source: Business Wire
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--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 date of the Series C Preferred Stock.In this offering, the Fund will issue non-transferable subscription rights (“Rights”) to its stockholders of record as of November 5, 2024 (the “Record Date” and such stockholders “Record Date Stockholders”) allowing th
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News
- Reminder: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Non-Transferable Rights Offering for Common and Preferred Stock [Yahoo! Finance]Yahoo! Finance
- Reminder: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Non-Transferable Rights Offering for Common and Preferred StockBusiness Wire
- Update: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., Announces Non-Transferable Rights Offering for Common and Preferred StockBusiness Wire
- RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred DividendsBusiness Wire
- RiverNorth Closed-End Funds Declare Monthly DistributionsBusiness Wire
OPP
Sec Filings
- 11/19/24 - Form 497AD
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- OPP's page on the SEC website