Company: RFMZ
Filing Date: 2025-05-21
Form Type: 424B5
Source: 0001398344-25-009954
Chunk: 62

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-05-21
Form: 424B5
Chunk 62
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 Rights

The Fund may issue Rights to (i) common shareholders to purchase Common Shares and/or Preferred Shares or (ii) preferred shareholders to purchase Preferred Shares (subject to applicable law). Rights may be issued independently or together with any other offered Security and may or may not be transferable by the person purchasing or receiving the Rights. In connection with a Rights offering to common and/or preferred shareholders, the Fund would distribute certificates evidencing the Rights and a prospectus supplement, containing all of the material terms of the Rights agreement relating to such Rights (the “Subscription Rights Agreement”), to the Fund’s common or preferred shareholders, as applicable, as of the record date that the Fund sets for determining the shareholders eligible to receive Rights in such Rights offering.

The applicable prospectus supplement would describe the following terms of Rights in respect of which this Prospectus is being delivered:

| ● | the                                                                                        
 period of time the offering would remain open (which will be open a minimum number of days 
 such that all record holders would be eligible to participate in the offering and will not 
 be open longer than 120 days);                                                             |

| ● | the                                
 title of such subscription Rights; |

| ● | the                                                                
 exercise price for such Rights (or method of calculation thereof); |

| ● | the                                                           
 number of such Rights issued in respect of each common share; |

| ● | the                                                             
 number of Rights required to purchase a single preferred share; |

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| ● | the                                                                                        
 extent to which such Rights are transferable and the market on which they may be traded if 
 they are transferable;                                                                     |

| ● | if                                                                                         
 applicable, a discussion of the material U.S. federal income tax considerations applicable 
 to the issuance or exercise of such Rights;                                                |

| ● | the                                                                                       
 date on which the right to exercise such Rights will commence, and the date on which such 
 right will expire (subject to any extension);                                             |

| ● | the                                                                                             
 extent to which such Rights include an over-subscription privilege with respect to unsubscribed 
 securities and the terms of such over-subscription privilege;                                   |

| ● | any                                                                          
 termination right the Fund may have in connection with such Rights offering; |

| ● | the                                              
 expected trading market, if any, for Rights; and |

| ● | any                                                                                             
 other terms of such Rights, including exercise, settlement and other procedures and limitations 
 relating to the transfer and exercise of such Rights.                                           |

Exercise of