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Stock impact report

Reminder: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 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)--As previously announced in press releases dated October 21, 2024 and November 1, 2024 (the “Prior Announcements”), 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.As supplementary notice, the offering’s expiration date is November 25, 2024. Financial intermediaries may have cut-off times to receive instructions with respect to the offering 1-3 business days prior to the expiration date. We encourage you to check with your financial intermediary’s Corporate Actions department to confirm their process for exercising your rights and their cut-off time.Please note that your financial intermediary may interpret your ov Show less Read more
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