RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Rights Offering
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)
US:NYSE Investor Relations:
rivernorth.com/closed-end-funds/opp
Company Research
Source: Business Wire
CHICAGO--(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 rights to purchase additional shares of common stock of the Fund.In this offering, the Fund will issue transferable subscription rights (“Rights”) to its stockholders of record as of November 12, 2019 the “Record Date” and such stockholders, (“Record Date Stockholders”) allowing the holder to subscribe for new shares of common stock of the Fund (the “Primary Subscription”). Record Date Stockholders will receive one Right for each share of common stock held on the Record Date. For every three Rights held, a holder of Rights may buy one new share of common stock of the Fund. Record Date Stockholders who exercise their Rights will not be entitled to distributions payable during November and December 2019 on shares issued in connection with the Rights O
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- RiverNorth Closed-End Funds Declare Monthly DistributionsBusiness Wire
- OPP: Not The Best Time To Buy, Despite The Sizable Discount [Seeking Alpha]Seeking Alpha
OPP
Sec Filings
- 5/6/24 - Form SC
- 3/8/24 - Form N-CSRS
- 2/29/24 - Form NPORT-P
- OPP's page on the SEC website