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Stock impact report

Update: 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)--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=/Archives/edgar/data/0001678130/000139834424019690/fp0090848-1_424b2ixbrl.htm.Please remember that the record date for shareholders to be eligible to participate in the offer is November 5, 2024.For further information please contact CEF@rivernorth.com or Show less Read more
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