RiverNorth Opportunities Fund, Inc. (NYSE: RIV-PA) operates as a diversified, closed-end management investment company focused on achieving total return through capital appreciation and current income via a tactical asset allocation strategy. The Fund opportunistically invests at least 80% of its managed assets in closed-end funds, exchange-traded funds, business development companies, and special purpose acquisition companies; it may also pursue short sales, derivatives such as total return swaps, reverse repurchase agreements, and baby bonds, which are exchange-listed fixed-income securities with principal under $1,000 maturing in 10 to 30 years. Founded in 2015 and headquartered at 433 West Van Buren Street, Suite 1100-E, Chicago, Illinois, the Fund is co-managed by ALPS Advisors, Inc. as investment adviser and RiverNorth Capital Management, LLC as sub-adviser, targeting inefficiencies in equity and fixed-income markets across the United States with potential for leverage to enhance returns. In October 2025, the Fund completed a transferable rights offering, issuing approximately 5.6 million new common shares at a subscription price representing 92.5% of net asset value, generating gross proceeds of about $70.6 million to support its investment activities.