Company: RIV
Filing Date: 2025-09-05
Form Type: N-CSR
Source: 0001398344-25-017710
Chunk: 50

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-09-05
Form: N-CSR
Chunk 50
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14%     |
|               | June 30(4)   |          $12.32 | $11.94 |      $12.66 |     $12.34 | -2.69%               | -3.24%     |
|               | April 30     |          $12.09 | $11.26 |      $12.68 |     $12.14 | -4.65%               | -7.25%     |
|               | January 31   |          $11.55 |  $9.94 |      $12.51 |     $11.44 | -7.67%               | -13.11%    |
| 2025          | June 30      |          $12.26 | $10.42 |      $12.51 |     $11.38 | -2.00%               | -8.44%     |
|               | March 31     |          $12.49 | $11.64 |      $12.69 |     $12.15 | -1.58%               | -4.20%     |

| (1) | Based on high and low closing market price for the respective quarter. |

| (2) | Based on NAV calculated on the day of the high and low closing market prices, as applicable, as of 
 the close of regular trading on the NYSE (normally 4:00 p.m. Eastern Time).                        |

| (3) | Calculated based on the information presented. |

| (4) | For the fiscal quarter from May 1, 2024 to June 30, 2024 due to the change in the fiscal year end 
 effective May 15, 2024.                                                                           |

| 58 | www.rivernorth.com |

RiverNorth Opportunities Fund, Inc.

The last reported sale price, NAV per share and
percentage discount to NAV per share of the common shares as of June 30, 2025 were $12.26, $12.51 and - 2.00%, respectively. As of that
same date, the Fund had 21,472,248 common shares outstanding and net assets of the Fund were $268,674,407.

Senior Securities Representing Indebtedness

The following table sets forth certain information
regarding the Fund’s senior securities as of the end of the Fund’s prior fiscal years since the Fund’s inception and
for the year ended June