Company: RIV
Filing Date: 2025-02-18
Form Type: N-2/A
Source: 0001398344-25-003061
Chunk: 179

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-02-18
Form: N-2/A
Chunk 179
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 Workers’ Compensation Corporation            
 2237                                         
 South Acadian Thruway                        
 Baton                                        
 Rouge, LA 70808                              | 273,492 Preferred | 6.99%              |

| (1) | The                                                                                                
 table above shows 5% or greater shareholders’ ownership of Shares as of January 31, 2025. The      
 information contained in this table is based on Schedule 13G/13D/13F, Schedule D and               
 Form 4 filings made on or before January 31, 2025. Such ownership information is as of the date of 
 the applicable filing and may no longer be accurate.                                               |

<div align='center'>55</div>

| (2) | Morgan                                                                               
 Stanley and Morgan Stanley Smith Barney LLC filed their Schedule 13G jointly and did 
 not differentiate holdings as to each entity.                                        |

<div align='center'>PROXY VOTING GUIDELINES</div>

The Fund has delegated proxy voting responsibilities to the Adviser, subject to the Board of Directors’ general oversight. The Adviser will vote such proxies in accordance with its proxy policies and procedures. In some instances, the Adviser may be asked to cast a proxy vote that presents a conflict between the interests of the Fund’s shareholders, and those of the Adviser or an affiliated person of the Adviser. In such a case, the Adviser will abstain from making a voting decision and will forward all necessary proxy voting materials to the Fund to enable the Board of Directors to make a voting decision. The Adviser shall make a written recommendation of the voting decision to the Board of Directors, which shall include: (i) an explanation of why it has a conflict of interest; (ii) the reasons for its recommendation; and (iii) an explanation of why the recommendation is consistent with the Adviser’s proxy voting policies. The Board of Directors shall make the proxy voting decision that in its judgment, after reviewing the recommendation of the Adviser, is most consistent with the Adviser’s proxy voting policies and in the best interests of shareholders. When the Board of Directors of the Fund is required to make a proxy voting decision, only the directors without a conflict of interest with regard to the security in question or the matter to be voted upon shall be permitted to participate in the decision of how the Fund’s vote will be cast. The Adviser votes proxies pursuant to the proxy voting policy and guidelines set forth in Appendix A to this SAI.

You may also obtain information about how the Fund