Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · RIVERNORTH OPPORTUNITIES FUND, INC. (RIV)

RiverNorth Opportunities Fund board approves new advisory agreement with RiverNorth

Neutral Impact 3 of 5 shareholder Written later

The Fund's Board of Directors approved a new investment advisory agreement with RiverNorth Capital Management, LLC, subject to shareholder approval. RiverNorth, currently the Fund's sub-adviser, has made day-to-day investment decisions since the Fund's inception, and the Fund's name, investment objective, strategy, portfolio management and ticker symbol will not change. Shareholders will vote on the proposal at a special meeting in the second quarter of 2022.

Key points

  • Board approved the new advisory agreement with RiverNorth on March 17, 2022, subject to shareholder approval.
  • Special shareholder meeting to vote on the agreement is planned for the second quarter of 2022.
  • If approved, the transition from ALPS Advisors to RiverNorth is expected in the third quarter of 2022.
  • The Fund had approximately $286 million of net assets and 17.5 million shares outstanding as of December 31, 2021.

The filing

CompanyRIVERNORTH OPPORTUNITIES FUND, INC. (RIV)
Form8-K, current report
Filed with the SECMar 17, 2022, 6:10 PM ET
Accession number0001398344-22-006028

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 17, 2022.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.