Company: RIV
Filing Date: 2025-09-05
Form Type: N-CSR
Source: 0001398344-25-017710
Chunk: 90

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-09-05
Form: N-CSR
Chunk 90
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 the Fund’s proxy voting
policies and procedures is available (1) without charge, upon request, by calling 1-(844)-569-4750, (2) on the Fund’s website located
at http://www.rivernorthcef.com, or (3) from Form N-PX filed by the Fund with the U.S. Securities and Exchange Commission ("SEC")
on the SEC’s website at http://www.sec.gov. Information regarding how the Fund voted proxies relating to portfolio securities during
the twelve-month period ended June 30th is available on the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS DISCLOSURE POLICY

The Fund files a complete schedule of portfolio
holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT within 60 days after the end of the period.
Copies of the Fund’s Form N-PORT are available without a charge, upon request, by contacting the Fund at 1-(844)-569-4750 and on
the SEC’s website at http://www.sec.gov.

UNAUDITED TAX INFORMATION

Of the distributions paid by the Fund from ordinary
income for the calendar year ended December 31, 2024, the following percentages met the requirements to be treated as qualifying for the
corporate dividends received deduction and qualified dividend income:

|                               | Dividend Received Deduction | Qualified Dividend Income |
| RiverNorth Opportunities Fund | 7.79%                       | 5.49%                     |

In early 2025, if applicable, shareholders of
record received this information for the distributions paid to them by the Fund during the calendar year 2024 via Form 1099. The Fund
will notify shareholders in early 2026 of amounts paid to them by the Fund, if any, during the calendar year 2025.

Pursuant to Section 852(b)(3) of the Internal Revenue Code, the Fund
designated $4,715,681 as long term capital gain dividends.

RiverNorth Opportunities Fund, Inc.

Data Privacy Policies and Procedures

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