RiverNorth/DoubleLine fund announces transferable rights offering

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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Transferable Rights Offering

October 7, 2025 5:55 PM EDT

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 Funds common 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 common stockholders of record as of October 24, 2025 (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... More