RIV 8-K
Rivernorth Opportunities Fund, Inc. (RIV)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On May 14-15, 2024, the Board of Directors (the “Board”) of RiverNorth Opportunities Fund, Inc. (the “Fund”) approved a change to the Fund’s fiscal year end from July 31 to June 30, beginning with the current fiscal year, which will now end on June 30, 2024. The change will be reflected in the Fund’s annual report on Form N-CSR for the period August 1, 2023 to June 30, 2024. The press release disclosing this change is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits |
| 99.1 | Press Release, dated May 20, 2024 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RiverNorth Opportunities Fund, Inc. | |||
| By: | /s/ Patrick W. Galley | ||
| Name: | Patrick W. Galley | ||
| Title: | President |
Date: May 22, 2024
RiverNorth Opportunities Fund, Inc. Announces Change in Fiscal Year End
West Palm Beach, FL – May 20, 2024 – 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.
| Fund | Ticker | Current FYE | New FYE |
| RiverNorth Opportunities Fund, Inc. | RIV | July 31 | June 30 |
This change was made to increase efficiencies and reduce operating costs for the Fund by bringing it into alignment with the fiscal year ends of all the closed end funds in the RiverNorth complex.
About RiverNorth
RiverNorth Capital Management, LLC is an investment management firm founded in 2000. With $5.0 billion1 in assets under management as of April 30, 2024, RiverNorth specializes in opportunistic investment strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is an institutional investment manager to registered funds, private funds, and separately managed accounts.
Contact
RiverNorth CEF Investor Relations
800-646-0148, Option 1
| 1. | Firm AUM reflects Managed Assets which includes the effects of leverage and investments in affiliated funds. |
An investment in the Fund involves risk, including loss of principal.
Investors should consider a Fund's investment objective, risks, charges, and expenses carefully before investing. The Fund’s prospectus and most recent periodic reports contain this and other important information about the Fund and may be obtained by visiting rivernorth.com/literature or by calling your financial professional or RiverNorth at 844.569.4750.
Member Firm ALPS Distributors Inc. Marketing services provided by ALPS Distributors Inc.
RiverNorth Capital Management, LLC is not affiliated with ALPS Distributors, Inc.
Not FDIC Insured | May Lose Value | No Bank Guarantee
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