Company: RFMZ
Filing Date: 2025-05-21
Form Type: 424B5
Source: 0001398344-25-009954
Chunk: 19

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-05-21
Form: 424B5
Chunk 19
---
 whether any sales of Common Shares will be authorized on a particular day. The Fund and the Distributor,
however, will not authorize sales of Common Shares if the price per share of the Common Shares is less than the Minimum Price. The Fund
and the Distributor may elect not to authorize sales of Common Shares on a particular day even if the price per share of the Common Shares
is equal to or greater than the Minimum Price, or may only authorize a fixed number of Common Shares to be sold on any particular day.
The Fund and the Distributor will have full discretion regarding whether sales of Common Shares will be authorized on a particular day
and, if so, in what amounts.

The Distributor may enter into
sub-placement agent agreements with one or more selected dealers. The Distributor has entered into the Sub-Placement Agent Agreement with
UBS Securities LLC relating to the Common Shares offered by this Prospectus Supplement and the accompanying Prospectus. In accordance
with the terms of the Sub-Placement Agent Agreement, the Fund may offer and sell its Common Shares from time to time through the Sub-Placement
Agent as sub-placement agent for the offer and sale of its Common Shares.

The Distributor (or the Sub-Placement
Agent) will provide written confirmation to the Fund not later than the opening of the trading day on the NYSE following any trading day
on which Common Shares are sold. Each confirmation will include the number of Common Shares sold on the preceding day, the net proceeds
to the Fund and the compensation payable by the Fund to the Distributor in connection with the sales.

The Fund will compensate the
Distributor with respect to sales of Common Shares at a commission rate of 1.00% of the gross proceeds of the sale of Common Shares. Out
of this commission, the Distributor will compensate the Sub-Placement Agent at a rate of up to 0.80% of the gross sales proceeds of the
sale of the Common Shares sold by the Sub-Placement Agent. There is no guarantee that there will be any sales of Common Shares under this
Prospectus Supplement and the accompanying Prospectus.

Settlement for sales of Common
Shares will occur on the second trading day following the date on which such sales are made in return for payment of the net proceeds
to the Fund. There is no arrangement for funds to be deposited in escrow, trust or similar arrangement.

In connection with the sale of
Common Shares on behalf of the Fund, the Distributor may be deemed to be an “