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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 Series A preferred on Oct. 31

Neutral Impact 4 of 5 financing Written later

RiverNorth Capital and Income Fund, Inc. will redeem all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (NYSE: RMPL) on October 31, 2024, moved from the October 4 date in its September 4 announcement. The preferred will be suspended from the NYSE before market open on that date and withdrawn from listing. Holders will receive an estimated $25.31 per share, and the filing says dividends will stop accumulating after redemption.

Key points

  • Redemption covers all 1,656,000 outstanding Series A Preferred shares.
  • Estimated redemption price is $25.31 per share: $25.00 liquidation preference plus $0.31 accrued and unpaid dividends.
  • Redemption date moved from October 4, 2024 to October 31, 2024; NYSE suspension before market open that day.
  • Payment to DTC will be made by DST Systems, Inc. as redemption agent.

The filing

CompanyRiverNorth Capital & Income Fund, Inc. (RSF)
Form8-K, current report
Filed with the SECOct 1, 2024, 4:09 PM ET
Accession number0001398344-24-018382

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 October 01, 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.