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

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 21
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, together with the Subscription Certificate, must be received by the Subscription Agent prior to 5:00 p.m.,
New York City time, on the Expiration Date, or Extended Expiration Date, as the case may be.

If the Estimated Subscription Price is greater than
the actual per Share purchase price, the excess payment will be applied toward the purchase of unsubscribed Shares to the extent that
there remain sufficient unsubscribed Shares available after the Basic Subscription and Additional Subscription Privilege allocations
are completed. To the extent that sufficient unsubscribed Shares are not available to apply all of the excess payment toward the purchase
of unsubscribed Shares, available Shares will be allocated in the manner consistent with that described in the section entitled “Additional
Subscription Privilege” above.

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PAYMENT MUST ACCOMPANY A SUBSCRIPTION CERTIFICATE
FOR SUCH SUBSCRIPTION CERTIFICATE TO BE ACCEPTED.

Within five (5) business days following the Expiration
Date or Extended Expiration Date, as the case may be, a confirmation will be sent by the Subscription Agent to each Stockholder (or,
if the Shares on the Record Date are held by Cede or any other depository or nominee, to Cede or such other depository or nominee). The
date of the confirmation is referred to as the “Confirmation Date.” The confirmation will show (i) the number of Shares acquired
pursuant to the Basic Subscription; (ii) the number of Shares, if any, acquired pursuant to the Additional Subscription Privilege; (iii)
the per Share and total purchase price for the Shares; and (iv) any additional amount payable by such Stockholder to the Fund (i.e.,
if the Estimated Subscription Price was less than the Subscription Price on the Expiration Date (or Extended Expiration Date, as the
case may be)) or any excess to be refunded by the Fund to such Stockholder (i.e., if the Estimated Subscription Price was more
than the Subscription Price on the Expiration Date (or Extended Expiration Date, as the case may be) and the Stockholder indicated on
the Subscription Certificate that such excess not be treated by the Fund as a request by the Stockholder to acquire additional Shares
in the Offering). Any additional payment required from a Stockholder must be received by the Subscription Agent prior to 5:00 p.m., New
York City time, on the date specified as the deadline for final payment for Shares, and any excess payment to be refunded by the Fund
to such Stockholder will