Company: RIV
Filing Date: 2025-04-01
Form Type: 424B3
Source: 0001398344-25-006352
Chunk: 1

Company: RIVERNORTH OPPORTUNITIES FUND, INC.
Filing Date: 2025-04-01
Form: 424B3
Chunk 1
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 Common Shares and Preferred Shares, "Securities") in one or more offerings in amounts, at prices and on terms set forth in one or more supplements to this Prospectus (each a “Prospectus Supplement”). You should read this Prospectus and any related Prospectus Supplement carefully before you decide to invest in the Securities.

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The Fund may offer Securities (1) directly to one or more purchasers, (2) through agents that the Fund may designate from time to time or (3) to or through underwriters or dealers. The Prospectus Supplement relating to a particular offering of Securities will identify any agents or underwriters involved in the sale of Securities, and will set forth any applicable purchase price, fee, commission or discount arrangement between the Fund and agents or underwriters or among underwriters or the basis upon which such amount may be calculated. The Fund may not sell Securities through agents, underwriters or dealers without delivery of this Prospectus and a Prospectus Supplement.

In connection with an offering of Common Shares, if a Prospectus Supplement so indicates, the Fund may grant the underwriters an option to purchase additional Common Shares at the public offering price, less the underwriting discounts and commissions, within 45 days from the date of the Prospectus Supplement, to cover any overallotments.

To facilitate an offering of Securities in an underwritten transaction and in accordance with industry practice, the underwriters may engage in transactions that stabilize, maintain, or otherwise affect the market price of the Common Shares or any other Security. Any underwriter may engage in overallotment, stabilizing transactions, short-covering transactions and penalty bids in accordance with Regulation M under the Exchange Act.

| ● | Overallotment                                                                 
 involves sales in excess of the offering size, which create a short position. |

| ● | Stabilizing                                                                                                                    
 transactions permit bids to purchase the underlying security so long as the stabilizing bids do not exceed a specified maximum 
 price. Stabilizing transactions may occur when the demand for the shares of an offering is less than expected.                 |

| ● | Syndicate-covering                                                                                                            
 or other short-covering transactions involve purchases of the securities, either through exercise of the overallotment option 
 or in the open market after the distribution is completed, to cover short positions.                                          |

| ● | Penalty                                                                                                                          
 bids permit the underwriters to reclaim a selling concession from a dealer when the securities originally sold by the dealer are 
 purchased in a stabilizing or covering transaction to cover