Company: JPC
Filing Date: 2025-10-03
Form Type: N-CSR
Source: 0001193125-25-230231
Chunk: 51

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-10-03
Form: N-CSR
Chunk 51
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 p.m., Eastern time, on April 29, 2025 (the “Expiration Date”). The subscription price per Common Share (the “Subscription Price”) was $5.09 per Common Share, which was equal to 90% of the Fund’s net asset value per Common Share at the close of trading on the NYSE on the Expiration Date. The gross proceeds of the Offer were approximately $62.1 million. The Common Shares subscribed for were issued on May 5, 2025, after completion and receipt of all shareholder payments. The final Subscription Price was lower than the original estimated Subscription Price. Accordingly, any excess payments were returned to subscribing rights holders, in accordance with the prospectus supplement filed with the Securities and Exchange Commission on March 20, 2025. Common Shares Equity Shelf Programs and Offering Costs:JPC has filed a registration statement with the Securities and Exchange Commission (“SEC”) authorizing the Fund to issue additional common shares through one or more equity shelf programs (“Shelf Offering”), which became effective with the SEC during a prior fiscal period. Under this Shelf Offering, the Fund, subject to market conditions, may raise additional equity capital by issuing additional common shares from time to time in varying amounts and by different offering methods at a net price at or above Fund’s NAV per common share. In the event the Fund’s Shelf Offering registration statement is no longer current, the Fund may not issue additional common shares until a post-effective amendment to the registration statement has been filed with the SEC. Maximum aggregate offering, common shares sold and offering proceeds, net of offering costs under the Fund’s Shelf Offering during the Fund’s current and prior fiscal period were as follows:

|                                          |     | JPC        |             |     |            |           |
|                                          |     | Year Ended 
 7/31/25    |             |     | Year Ended 
 7/31/24    |           |
| Maximum aggregate offering               |     |            |   Unlimited |     |            | Unlimited |
| Common shares sold                       |     |            |   6,853,100 |     |            | –         |
| Offering proceeds, net of offering costs |     |            | $54,493,622 |     |            | $–        |

Costs incurred by the Funds in connection with their initial shelf registrations are recorded as a prepaid expense and recognized as “Deferred offering costs” on the Statement of Assets and Liabilities. These costs are amortized pro rata as common shares are sold and