RiverNorth Capital and Income Fund Inc. Announces Transferable Rights Offering for Common Stockholders

Reuters
05-15
RiverNorth Capital and Income Fund Inc. Announces Transferable Rights Offering for Common Stockholders

RiverNorth Capital and Income Fund, Inc. $(RSF)$ has announced a transferable rights offering for its common stockholders. Stockholders of record as of June 3, 2025, will receive one right per share held, allowing them to purchase additional shares of common stock. For every three rights held, stockholders can buy one new share. The rights will be tradable on the NYSE under the ticker RSF.RT. The subscription price will be the higher of 90% of the net asset value or 95% of the market price, determined at the offering's expiration on July 7, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rivernorth Capital and Income Fund Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250514025780) on May 14, 2025, and is solely responsible for the information contained therein.

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