OPP Overview

Offering Results: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. announced the completion of its transferable rights offering, resulting in the issuance of 1,180,525 new shares at a subscription price of $7.94 per share, generating approximately $9.4 million in gross proceeds.

Fund Overview: As of October 31, 2025, the Fund had total net assets of approximately $211.9 million and 23.8 million shares outstanding, focusing on current income and overall total return.

Investment Risks: The Fund is a closed-end fund, meaning it does not continuously issue stock, and investors should be aware of the inherent risks involved in investing, including the potential for loss of investment.

Management and Contact Information: RiverNorth Capital Management, LLC, an independent investment manager, oversees the Fund and manages $5.1 billion in assets. Investors can contact RiverNorth for more information or to obtain the prospectus.

Offering Results: RiverNorth/DoubleLine Strategic Opportunity Fund announced preliminary results of its rights offering, receiving requests for 1,180,525 shares, with expected gross proceeds of approximately $9.4 million.

Subscription Price: The final subscription price per share was set at $7.94, lower than the initial estimate of $8.12, with excess payments to be returned to rights holders.

Investment Objective: The Fund aims for current income and total return, managing approximately $211.9 million in total net assets as of October 31, 2025.

Investment Risks: The Fund is a closed-end fund, and investors are advised to consider the inherent risks and review the prospectus before investing.

Rights Offering Announcement: The RiverNorth/DoubleLine Strategic Opportunity Fund has authorized a rights offering for its common stockholders, allowing them to purchase additional shares, with an expiration date set for November 18, 2025.

Subscription Details: Record Date Stockholders will receive one transferable subscription right for each share held, enabling them to buy one new share for every three rights they possess, with the estimated subscription price being $8.04 based on the Fund's net asset value.

Trading Information: The rights began trading on the NYSE under the ticker OPP RTWI on October 23, 2025, and will transition to regular trading under OPP RT on October 30, 2025.

Investment Risks: Investors are advised to consider the risks associated with investing in the Fund, including the potential for loss, and should review the prospectus supplement and accompanying prospectus when available.