Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 4

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 4
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 allow Stockholders              
 to subscribe for an aggregate of 84,252,329 Shares (the “Offering”). For every three (3) Rights a Stockholder receives,                 
 such Stockholder will be entitled to buy one (1) new Share at a subscription price equal to the greater of (i) 112% of NAV of the       
 Shares as calculated on the Expiration Date (or Extended Expiration Date, as the case may be) and (ii) 80% of the market price at       
 the close of trading on such date. Each Stockholder will receive one Right for each outstanding Share he or she owns on the Record      
 Date (the “Basic Subscription”). Fractional Shares will not be issued upon the exercise of the Rights. Accordingly, the                 
 number of Rights to be issued to a Stockholder as of the Record Date will be rounded up to the nearest whole number of Rights evenly    
 divisible by three. Stockholders as of the Record Date may purchase Shares not acquired by other Stockholders in this Rights offering,  
 subject to certain limitations discussed in this prospectus. Additionally, if there are not enough unsubscribed Shares to honor all     
 over-subscription requests, the Fund may, in its discretion, issue additional Shares up to 100% of the Shares available in the Offering 
 to honor additional subscription requests.                                                                                              
 Shares will be issued within the 15-day period                                                                                          
 immediately following the record date of the Fund’s monthly distribution and Stockholders exercising rights will not be entitled        
 to receive such distribution with respect to the shares issued pursuant to such exercise.                                               
 The Fund previously conducted a rights offering                                                                                         
 that expired on June 10, 2022 (the “2022 Offering”) and included similar terms and conditions as this Offering. Pursuant                
 to the 2022 Offering, the Fund issued 81,023,152 Shares (40,511,576 Shares of which were Over-Subscription Shares) at a subscription    
 price of $8.27 per Share, for a total offering of $670,061,467.                                                                         
 Prior to the 2022 Offering, the Fund conducted                                                                                          
 a rights offering that expired on May 14, 2021 (the “2021 Offering”) and included similar terms and conditions as this                  
 Offering. Pursuant to the 2021 Offering, the Fund issued 39,026,477 Shares (12,996,724 Shares of which were Over-Subscription Shares)   
 at a subscription price of $10.64 per Share, for a