Company: RIV
Filing Date: 2025-10-07
Form Type: 497AD
Source: 0001398344-25-018951
Chunk: 1

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-10-07
Form: 497AD
Chunk 1
---
. Investing in any
investment company security involves risk, including the risk that you may receive little or no return on your investment or even that
you may lose part or all of your investment. Therefore, before investing in the shares of common stock, you should consider the risks
as well as the other information in the prospectus, annual report and semi-annual report.

Past performance is no guarantee of future results.

Investors should read the prospectus supplement and accompanying prospectus, when available, and consider the investment objective, risks, fees and expenses of the Fund carefully before investing. To obtain a copy of the prospectus supplement and accompanying prospectus, when available, or the Fund’s annual report or semi-annual report, each of which contains this and other information about the Fund, visit www.rivernorth.comor call 844.569.4750. Please read them carefully before investing.

RiverNorth Capital Management, LLC

RiverNorth Capital Management, LLC (“RiverNorth”)
is an independent investment manager and closed-end fund expert specializing in opportunistic strategies and structures built to exploit
market inefficiencies. Founded in 2000, RiverNorth manages $4.9 billion of assets in registered funds, private funds and
separately managed accounts.

Investor Contact

RiverNorth CEF Investor Relations

800-646-0148, Option 1

Not FDIC Insured | May Lose Value | No Bank Guarantee
Marketing services provided by ALPS Distributors Inc. ALPS and RiverNorth are not affiliated.
RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.

©2000-2025 RiverNorth Capital Management, LLC. All rights reserved.
RVC000406