Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 15

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 15
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 the Fund, as required
by the SEC’s registration form, will suspend the Offering until it amends this prospectus if, subsequent to the date of this prospectus,
the Fund’s NAV declines more than 10% from its NAV as of that date. Accordingly, the Expiration Date would be extended and the
Fund would notify Record Date Stockholders of the decline and permit Stockholders to cancel their exercise of Rights.

The Subscription Price. The Subscription Price for the Shares to be issued under the Offering will be equal to the greater of
(i) 112% of NAV per Share as calculated at the close of trading on the Expiration Date (or Extended Expiration Date, as the case may
be) or (ii) 80% of the market price per Share at such time. For example, if the Offering were held using the “Estimated
Subscription Price” (i.e., an estimate of the Subscription Price based on the Fund’s per-share NAV and market
price at the end of business on April 17, 2025 ($5.90 and $6.92, respectively), the Subscription Price would be $6.61 per share (112% of $5.90).

Additional Subscription Privilege.
If all of the Rights initially issued are not exercised, any Shares for which subscriptions have not been received will be offered, by
means of the Additional Subscription Privilege, to Record Date Stockholders who have exercised all of the Rights initially issued to
them and who wish to acquire more than the number of Shares for which the Rights held by them are exercisable. Record Date Stockholders
who exercise all of their Rights will have the opportunity to indicate on the Subscription Certificate how many unsubscribed Shares they
are willing to acquire pursuant to the Additional Subscription Privilege.

If enough unsubscribed Shares remain after the Basic
Subscriptions have been exercised, all additional subscription requests will be honored in full. If there are not enough unsubscribed
Shares to honor all additional subscription requests, the Fund may, in its discretion, issue additional Shares up to 100% of Shares available
in the Offering to honor Additional Subscription Privilege requests (defined above as the “Over-Subscription Shares”), with
such Shares subject to the same terms and conditions of the Offering. In the event that the Subscription Price is less than the Estimated
Subscription Price, Over-Subscription Shares may be used by the Fund to fulfill any Shares subscribed for under the Basic Subscription.
The method by which any unsubscribed Shares or Over-Subscription Shares (