Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 26

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 26
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 may not be similar to the
Offering. Any such future rights offerings will be made in accordance with the 1940 Act and the Securities Act. Under the laws of Maryland,
the state in which the Fund is incorporated, under certain circumstances, the Board is authorized to approve rights offerings without
obtaining Stockholder approval. The staff of the SEC has interpreted the 1940 Act as not requiring stockholder approval of a rights offering
at a price below the then current NAV so long as certain conditions are met, including a good faith determination by the fund’s
board of directors that such offering would result in a net benefit to the Fund’s existing stockholders.

| 21 |

Use of Proceeds from Prior Rights Offerings.
Use of proceeds from the Prior Rights Offerings have been, and the use of proceeds from the current Offering and any future rights offerings,
may be used to maintain the Fund’s Distribution Policy by providing funding for future distributions, which may constitute a return
of its Stockholders’ capital.

<div align='center'>FINANCIAL HIGHLIGHTS</div>

Set forth below is, for each year indicated, per
share operating performance data for one share of the Fund’s common stock (“Share”), total investment return, ratios
to average net assets and other supplemental data. This information has been derived from the financial statements and market price data
for the Fund’s Shares. The financial highlights for the fiscal years ended December 31, 2022, 2023 and 2024 have been audited by
Cohen & Company, Ltd., the Fund’s independent registered public accounting firm. For each of the other fiscal years presented,
the financial data in the table has been audited by the Fund’s former independent registered public accounting firm, whose reports
for such years are included in the related annual reports. The financial statements and notes thereto for the fiscal year ended December
31, 2024, together with the report thereon of Cohen & Company, Ltd., are incorporated by reference in the SAI and are available without
charge by visiting the Fund’s website at www.cornerstonestrategicinvestmentfund.com, by calling toll free (866) 668-6558 or by
writing to the Fund c/o Ultimus Fund Solutions, LLC, 225 Pictoria Drive, Suite 450, Cincinnati, OH 45246.

| PER SHARE OPERATING PERFORMANCE                                 |     | For the Years Ended December 31, 
 2024                             |           |   |