RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) announces the final results of a repurchase offer for up to 5% of its outstanding common stock. This offer expires on October 2, 2024 at 5:00 PM ET. According to the depositary, DST Systems, Inc., a total of 2,129,843 shares were applied for redemption and 193,024 shares were repurchased.
Due to oversubscription, the Fund will purchase shares from subscribing shareholders on a pro-rata basis, ignoring fractional shares. The purchase price of the repurchased shares will be equal to the Fund’s net asset value per share ($16.57 per share) calculated as of the close of regular trading on the NYSE on October 2, 2024. DST Systems, Inc. is acting as the information agent for the share repurchase offer and stockholders may call its toll-free number 844-569-4750 with questions.
RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) announces the finalization of its regular 5% return. Secondo il depositario, DST Systems, Inc., un totale di 2.129.843 azioni sono state presentate per ilrimborso, mentre 193.024 azioni sono state riacquistate.
As a cause of oversubscription, appropriate information can be provided according to the current situation in the area. Il prezzo di acquisto delle azioni riacquistate è pari al valore netto degli attivi per azione del Fondo, calcolato alla chiusura delle contrattazioni regorari sul NYSE il 2 ottobre 2024, che è $16,57 per azione del Fondo. DST Systems, Inc. provides a variety of information at 844-569-4750.
RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) announces final results recalculating 5% of the cycle. Expires October 2, 2024 at 5:00 PM at Esthetics. DST Systems, Inc. has made a total of 2,129,843 fuel offers and 193,024 refuelings.
Please take appropriate action to resolve the issue and provide appropriate management. The regular trading value of $16.57 is $16.57 in regular recurring trading on the New York Stock Exchange on October 2, 2024. DST Systems, Inc. can provide information at 844-569-4750. Please contact us at 844-569-4750.
RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) guarantees 5%. These days are October 2nd, 5th, and 5th, 2024. 2,129,843 employees, 193,024 employees It’s okay.
I want to know what I’m saying It’s okay. 2024 10 2024 2024 2024 2024 Each one costs $16.57. DST Systems, Inc. 844-569-4750 It’s okay.
RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) reports 5% normal action on distribution. Expiration date is October 2, 2024, 17:00 Eastern Time. Selon le dépositaire, DST Systems, Inc., a total of 2 129 843 actions are performed on Lachat and 193 024 on Lacchet.
En raison de la sursouscription, le Fonds achètera des action auprès des actionnaires ayant soumis une offre sur une Base pro-rata, sans tenir compte des action fractionnées. DST Systems, Inc. can provide information and take action by contacting us at 844-569-4750. need to wake up.
RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) offers the best funds for a 5% return. Das Angebot lief am 2. October 2024 um 17:00 oh eastern time aus. Laut dem Depotbank, DST Systems, Inc., wurden insgesamt 2.129.843 Aktien zur Einlösung eingereicht, während 193.024 Aktien zurückgekauft wurden.
Aufgrund der Überzeichnung wird der Fonds Aktien von anbietenden Aktionären im Verhältnis (pro-rata) erwerben und dabei Bruchstücke der Aktien ignorieren. Der Rückkaufpreis der zurückgekauften Aktien entspricht dem Nettoinventarwert pro Aktie des Fonds, der zum Ende des regulären Handels and der NYSE am 2. das Rückkaufangebot und die Aktionäre können alle Fragen an die gebührenfreie Nummer 844-569-4750 richten.
10/03/2024 – 5:00 PM
WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Rivernorth Capital & Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, has announced the final The results were announced. Up to 5% of outstanding common stock. The repurchase offer expired on October 2, 2024 at 5:00 PM Eastern Time.
Based on information provided by DST Systems, Inc., the trustee of the repurchase offer, a total of 2,129,843 shares were submitted for redemption and 193,024 shares were repurchased. Based on the terms of the purchase, etc., since the number of shares tendered for redemption exceeds the number of shares tendered for purchase, the Fund will proportionately allocate the shares purchased from the tendering shareholders, etc. (excluding fractions). The purchase price of the repurchased shares will be equal to the Fund’s net asset value per share calculated as of the close of regular trading on the New York Stock Exchange (NYSE) on October 2, 2024, which is $16.57 per share. corresponds to
The information agent for the repurchase offer is DST Systems, Inc. If you have any questions regarding the tender offer, please contact our information agent toll-free at 844-569-4750.
About River North
RiverNorth Capital Management, LLC is an investment management company founded in 2000. With total assets under management of $5.1 billion1 as of August 31, 2024, RiverNorth specializes in opportunistic investment strategies in niche markets that are most likely to exploit inefficiencies. RiverNorth is an institutional investment manager for registered funds, private funds, and separately managed accounts.
Please see the prospectus for details of the fund’s risks. Investments involve risk.
There is a possibility of loss of principal.
The profitability of specialty finance and other financial companies is highly dependent on the availability and cost of capital funds and can fluctuate significantly in response to changes in interest rates and general economic conditions. If the borrower of the Alternative Credit (as defined below) in which the Fund invests is unable to make loan payments, the Fund’s ability to collect unpaid principal and interest under that loan may be significantly limited. Reason: The Fund may not have direct recourse against the borrower and whether the loan is unsecured, whether through the borrower or through the platform on which such loan was originated. , or the loan may not be guaranteed, which may limit our ability to directly enforce our rights under the loan. It may be impossible to initiate legal proceedings against secured and/or defaulting borrowers. Substantially all of the alternative credits in which the Fund invests are not guaranteed or insured by any third party. In addition, the alternative credit products in which the Fund invests are not supported by any government authority. Borrowers provide various information to the lending platform regarding their loan purpose, income, occupation, and employment status (if applicable). Generally, the Platforms have not verified much of this information and it may be incomplete, inaccurate, false, or misleading. Borrowers may misrepresent information they provide to the Platform, including the intended use of loan proceeds. Alternative credit products are generally not rated by a Nationally Recognized Statistical Rating Organization (“NRSRO”). However, such unrated instruments are considered to be equivalent in quality to securities that fall into one of the rating categories used by the NRSRO to classify “junk” debt securities (i.e., securities below investment grade). Masu. Therefore, even though the Fund is not permitted to invest in subprime-quality loans at the time of its investment, the Fund’s investments in unrated alternative credit products are very similar to investments in “junk” bonds. represents a high-risk speculative investment. Although the Fund is not permitted to invest in subprime quality loans at the time of investment, an investment in the Fund’s shares must be considered speculative and involve a high degree of risk, including the risk of investment loss. there is. There is no guarantee that payments on any underlying loan, including alternative credit, will be made.
Diversification does not guarantee a profit or guarantee against a loss.
A Fund’s investment objectives, risks, charges and expenses should be considered carefully before investing. The Fund’s prospectus and current periodic report, which contain this and other important information about the investment company, are available by visiting rivernorth.com/literature or by calling 844.569.4750. Masu. Please read the prospectus carefully before investing.
1 Our AUM reflects assets under management, including assets attributable to leverage and investments in related funds.
Marketing services are provided by ALPS Distributors Inc. ALPS and RiverNorth are not affiliated.
Not FDIC insured | May lose value | No bank guarantee
RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.
©2000-2024 RiverNorth Capital Management, LLC. All rights reserved.
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River North CEF Investor Information
800-646-0148, option 1
CEF@rivernorth.com
Source: RiverNorth Capital and Income Fund, Inc.
FAQ
What was the repurchase offer percentage for RiverNorth Capital and Income Fund (RSF)?
RiverNorth Capital and Income Fund (RSF) has announced a repurchase offer for up to 5% of its outstanding common shares.
When did the RSF buyback offer expire?
The RiverNorth Capital and Income Fund (RSF) repurchase offer expired on October 2, 2024 at 5:00 p.m. Eastern time.
How many shares were submitted for redemption in the RSF repurchase offer?
A total of 2,129,843 shares were redeemed under RiverNorth Capital and Income Fund’s (RSF) repurchase offer.
What was the purchase price per share of the RSF buyback offer?
The purchase price of the Repurchased Shares in the RSF Offer was $16.57 per share, which was equal to the Fund’s net asset value per share as of October 2, 2024.
How many shares did RiverNorth Capital and Income Fund (RSF) buy back?
RiverNorth Capital and Income Fund (RSF) repurchased 193,024 shares in a buyback offer.
