Core Points - The RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has authorized a rights offering for its common stockholders to purchase additional shares of common stock [1][17] - The offering's expiration date is set for November 18, 2025, with financial intermediaries potentially having earlier cut-off times for instructions [2][6] - The estimated subscription price is $8.04, based on 90% of the Fund's last reported net asset value (NAV) of $8.93 [3][6] - Record Date Stockholders will receive one transferable subscription right for each share held, allowing them to purchase one new share for every three rights held [4][5] - The rights are tradable on the NYSE under the ticker OPP RTWI and OPP RT [4] - The Fund's total net assets were approximately $212.3 million with 23.8 million shares outstanding as of September 30, 2025 [9] Offering Details - The subscription price will be determined based on a formula equal to 90% of the reported NAV or 95% of the market price, whichever is higher on the expiration date [6] - The rights offering will be conducted under the Fund's effective shelf registration statement with the SEC [7] - Subscription certificates and a prospectus supplement will be mailed to stockholders following the Record Date [8]

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund†) (NYSE: OPP) announces that its Board of Directors (the "Board†) has authorized and set the terms of an offering to the Fund's common stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights ("Rights†) to its common stockholders of record as of October 24, 2025 (the "Record Date†and such stockh. ...