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AI brief of an SEC Form 8-K · RiverNorth Capital & Income Fund, Inc. (RSF)

RiverNorth Capital and Income Fund to redeem all 1,656,000 Series A preferred shares

Neutral Impact 5 of 5 financing Written later

RiverNorth Capital and Income Fund, Inc. said it will redeem all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (NYSE: RMPL) at an estimated $25.20 per share, with an anticipated redemption date of October 4, 2024. The preferred stock will be suspended from the NYSE before market open on that date, and the filing says dividends will stop accumulating once the shares are redeemed.

Key points

  • Estimated redemption price of $25.20 per share: $25.00 liquidation preference plus $0.20 accrued and unpaid dividends
  • Anticipated redemption date is October 4, 2024, but the redemption may occur later, no later than October 31, 2024
  • NYSE suspension before market open on October 4, 2024, with a Form 25 to be filed with the SEC to withdraw the listing
  • Redemption payments to DTC made by DST Systems, Inc. as redemption agent; questions to 844-569-4750

The filing

CompanyRiverNorth Capital & Income Fund, Inc. (RSF)
Form8-K, current report
Filed with the SECSep 4, 2024, 6:27 PM ET
Accession number0001398344-24-017283

Items reported: 3.01 Delisting / Listing Rule Notice8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 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 September 04, 2024.

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.