Company: RIV
Filing Date: 2025-03-21
Form Type: N-2/A
Source: 0001398344-25-005840
Chunk: 189

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-03-21
Form: N-2/A
Chunk 189
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 which liability is asserted. Title 2, Section 405.2 of the Maryland General Corporation Law provides that the Charter of a Maryland corporation may limit the extent to which directors or officers may be personally liable to the corporation or its shareholders for money damages in certain instances.

The Registrant’s Charter also provides that no amendment to the charter of the Registrant shall affect any right of any person based on any act or failure to act which occurred prior to the amendment. Insofar as Indemnification for liabilities under the Securities Act may be permitted to the directors and officers, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable. If a claim for indemnification against such liabilities under the Securities Act (other than for expenses incurred in a successful defense) is asserted against the Fund by the directors or officers in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in such Act and will be governed by the final adjudication of such issue.

| Item 
 31.  | Business                                    
 and Other Connections of Investment Adviser |

RiverNorth Capital Management, LLC (the “Adviser”)

The information in the Statement of Additional Information under the captions “Board Members and Officers” is hereby incorporated by reference.

The principal occupation of the directors and officers of the Adviser are their services as directors and officers of the Adviser. The address of the Adviser is 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL 33401.

Set forth below is information as to any other business, profession, vocation and employment of a substantial nature in which each officer of the Adviser is, or at any during the last two fiscal years has been, engaged for their own account or in the capacity of director, officer, employee partner or trustee:

| NAME*        | POSITIONS                                                         
 WITH                                                              
 RIVERNORTH                                                        
 CAPITAL                                                           
 MANAGEMENT,                                                       
 LLC                                                               | OTHER                                                                                                                                  
 BUSINESS CONNECTIONS                                                                                                                   | TYPE        
 OF          
 BUSINESS    |
| Patrick      
 W. Galley    | Chief                                                             
 Executive Officer, Chief Investment Officer and Board of Managers | President                                                                                                                              
 and Director, RiverNorth Fund Complex; Board of Directors, RiverNorth Holdings, Co.; Board