Company: RIV
Filing Date: 2025-09-08
Form Type: 424B2
Source: 0001398344-25-017856
Chunk: 123

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-09-08
Form: 424B2
Chunk 123
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 to elect nominees to a corporation’s Board. In general, the absence of cumulative voting means that the holders of a majority of the Fund’s shares can elect all of the directors then standing for election and the holders of the remaining shares will not be able to elect any directors.

Approval of Extraordinary Corporate Actions

The Fund’s Charter requires the favorable vote of two-thirds of the entire Board and the favorable vote of the holders of at least two-thirds of the common stock and shares of preferred stock (if any) entitled to be voted on the matter, voting together as a single class, to advise, approve, adopt or authorize the following:

| ● | a                                                     
 “Business Combination,” which includes the following: |

| ○ | a                                                                                       
 merger, consolidation or statutory share exchange of the Fund with another corporation; |

| ○ | an                                                                                            
 issuance or transfer by the Fund (in one or a series of transactions in any 12 month          
 period) of any securities of the Fund to any person or entity for cash, securities or         
 other property (or combination thereof) having an aggregate fair market value of $1,000,000   
 or more, excluding issuances or transfers of debt securities of the Fund, sales of securities 
 of the Fund in connection with a public offering, issuances of securities of the Fund         
 pursuant to a dividend reinvestment plan adopted by the Fund, issuances of securities         
 of the Fund upon the exercise of any stock subscription rights distributed by the Fund        
 and portfolio transactions effected by the Fund in the ordinary course of business; or        |

| ○ | a                                                                                          
 sale, lease, exchange, mortgage, pledge, transfer or other disposition by the Fund (in     
 one or a series of transactions in any 12 month period) to or with any person or entity    
 of any assets of the Fund having an aggregate fair market value of $1,000,000 or more      
 except for portfolio transactions (including pledges of portfolio securities in connection 
 with borrowings) effected by the Fund in the ordinary course of its business;              |

| ● | the                                                                                       
 conversion of the Fund from closed-end company to an open-end company, and any amendments 
 necessary to effect the conversion;                                                       |

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| ● | the                                                                                    
 voluntary liquidation or dissolution of the Fund or charter amendment to terminate the 
 Fund’s existence;                                                                      |

| ● | unless                                                                                      
 the 1940 Act or federal law requires a lesser vote, any stockholder proposal