Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 76

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 76
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, after paying or adequately providing for the payment of all liabilities of the Fund, and upon receipt of such releases, indemnities and refunding agreements as they deem necessary for the protection of the Directors, the Board may distribute the remaining net assets of the Fund among its Stockholders. Shares are not liable to further calls or to assessment by the Fund. There are no pre-emptive rights associated with Shares.

The Fund has no present intention of offering additional
Shares, except as described herein in connection with the exercise of the Rights. Other offerings of its Shares, if made, will require
approval of the Board of Directors. Any additional offering will not be sold at a price per share below the then current net asset value
(exclusive of underwriting discounts and commissions) except in connection with an offering to existing Stockholders or with the consent
of a majority of the Fund’s outstanding Shares.

The Fund will not issue share certificates. The Fund’s
Transfer Agent will maintain an account for each Stockholder upon which the registration and transfer of Shares are recorded, and transfers
will be reflected by bookkeeping entry, without physical delivery. The Transfer Agent will require that a Stockholder provide requests
in writing, accompanied by a valid signature guarantee form, when changing certain information in an account such as wiring instructions
or telephone privileges.

Outstanding Securities

The following table sets forth certain information
regarding our authorized shares and shares outstanding as of March 31, 2025.

| (1)                    |          -2 |                    -3 |                  -4 |
| Title                  
 of Class               |      Amount 
  Authorized |        Amount Held By 
 Registrant or for its 
               Account |  Amount Outstanding 
 Exclusive of Amount 
     Shown Under (3) |
| Common Stock, par      
 value $0.001 per share | 800,000,000 |                     0 |         252,756,986 |

Trading and Net Asset Value Information

In the past, the Shares have traded at both a premium
and at a discount in relation to NAV. Although the Shares recently have been trading at a premium above NAV, there can be no assurance
that this premium will continue after the Offering or that the Shares will not again trade at a discount. Shares of closed-end investment
companies such as the Fund frequently trade at a discount from NAV. See “Risk Factors.” The Shares are listed and traded
on the NYSE American. The average weekly trading volume of the Shares on the NYSE American during the calendar