Company: RIV
Filing Date: 2025-05-21
Form Type: POS EX
Source: 0001398344-25-009960
Chunk: 5

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-05-21
Form: POS EX
Chunk 5
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-22472, as filed with the Securities 
 and Exchange Commission on February 18, 2025.                                                                                          |

| (27) | Incorporated by reference from the Registration Statement on Form N-2, File no. 333-283156 and 811-22472, as filed with the Securities 
 and Exchange Commission on March 21, 2025.                                                                                             |

| ** | Filed herewith. |

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

Pursuant to the requirements
of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant, has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of West Palm Beach, and the state of Florida,
on the 20th day of May, 2025.

| RIVERNORTH OPPORTUNITIES FUND, INC. |                              |
| By                                  | /s/ Patrick W. Galley        |
|                                     | Patrick W. Galley, President |

Pursuant to the requirements
of the Securities Act of 1933, this amendment to the Registration Statement has been signed below by the following persons in the capacities
and on the date indicated.

| /s/ Patrick W. Galley     |     | President                          
 (Principal Executive Officer)      |     | May 20, 2025 |
|:--------------------------|:----|:-----------------------------------|:----|:-------------|
| Patrick W. Galley         |     |                                    |     |              |
| /s/ Jonathan M. Mohrhardt |     | Treasurer                          
 (Principal Financial Officer)      |     | May 20, 2025 |
| Jonathan M. Mohrhardt     |     |                                    |     |              |
| /s/ Patrick W. Galley     |     | Chairman of the Board and Director |     | May 20, 2025 |
| Patrick W. Galley         |     |                                    |     |              |
| *                         |     | Director                           |     | May 20, 2025 |
| John K. Carter            |     |                                    |     |              |
| *                         |     | Director                           |     | May 20, 2025 |
| J. Wayne Hutchens         |     |                                    |     |              |
| *                         |     | Director                           |     | May 20,