Company: CLM
Filing Date: 2025-02-21
Form Type: N-2
Source: 0001398344-25-003234
Chunk: 4

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 4
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. The calculation of the per Share amounts             
 indicated above do not take into account the Over-Subscription Shares.                                                              |

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is [●].</div>

The Fund’s Shares are listed on the NYSE American
under the ticker symbol “CLM.”

Investment Adviser.Cornerstone Advisors,
LLC (the “Investment Adviser”) acts as the Fund’s investment adviser. See “Management of the Fund.” As
of December 31, 2024, the Investment Adviser managed one other closed-end fund with combined assets with the Fund of approximately $2,5
billion. The Investment Adviser’s address is 1075 Hendersonville Road, Suite 250, Asheville, North Carolina, 28803.

This prospectus sets forth concisely the information
about the Fund that you should know before deciding whether to invest in the Fund. A Statement of Additional Information, dated [●]
(the “Statement of Additional Information”), and other materials, containing additional information about the Fund, have
been filed with the Securities and Exchange Commission (the “SEC”). The Statement of Additional Information is incorporated
by reference in its entirety into this prospectus, which means it is considered to be part of this prospectus. You may obtain a free
copy of the Statement of Additional Information, the table of contents of which is on page [●] of this prospectus, and other
information filed with the SEC, by calling toll free ([●]) or by writing to the Fund c/o Ultimus Fund Solutions, LLC, 225 Pictoria
Drive, Suite 450, Cincinnati, OH 45246, or by visiting the Fund’s website at www.cornerstonestrategicinvestmentfund.com. The Fund
files annual and semi-annual stockholder reports, proxy statements and other information with the SEC. You can obtain this information
or the Fund’s Statement of Additional Information or any information regarding the Fund filed with the SEC from the SEC’s
website at .

The Fund’s Shares do not represent a deposit
or obligation of, and are not guaranteed or endorsed by, any bank or other insured depository institution, and are not federally insured
by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any governmental agency.

You should rely only on the