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RiverNorth Strategic Holdings Corrects Insider Holding for OPP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3/A

Rhea-AI Filing Summary

RiverNorth Strategic Holdings, LLC filed an amended Form 3 (Form 3/A) disclosing its beneficial ownership in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP).

  • Beneficial ownership: 71,453 common shares of beneficial interest, held directly.
  • Relationship to issuer: checked as Officer and Other – Holding Company; not designated as a 10% owner.
  • Reason for amendment: corrects Box 2 of the original 11-26-2024 filing by removing market-value disclosure and presenting share count only.
  • No derivative securities reported.
  • Event triggering the initial statement occurred on 11-22-2024; this amendment is signed 07-10-2025 by Marc Collins.

The filing is a routine Section 16 compliance update and does not announce any transactional change or financial performance data.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine Form 3/A corrects share-count disclosure; negligible governance or valuation impact.

This amendment simply replaces an earlier market-value figure with the exact share amount, fulfilling Section 16 accuracy requirements. The 71,453-share holding is modest and does not signal control or strategic shift. No derivatives or additional insider activity are disclosed. From a governance standpoint, timely correction reflects basic compliance; investors should view the filing as neutral in terms of future fund performance or insider sentiment.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
RiverNorth Strategic Holdings, LLC

(Last) (First) (Middle)
360 S. ROSEMARY AVE
SUITE 1420

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/22/2024
3. Issuer Name and Ticker or Trading Symbol
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. [ OPP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Holding Co
5. If Amendment, Date of Original Filed (Month/Day/Year)
11/26/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares of Beneficial Interest 71,453(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This is an amendment from the November 26, 2024 filing. The original filing had the market value of the shares in Box 2. This filing corrects that amount in Box 2 by disclosing the share amount only.
/s/ Marc Collins 07/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Why did RiverNorth Strategic Holdings file an amended Form 3/A for OPP?

To correct Box 2 of the 11-26-2024 filing, replacing market-value data with the exact share count of 71,453.

How many OPP shares does RiverNorth Strategic Holdings now report owning?

The Form 3/A lists 71,453 common shares of beneficial interest held directly.

Does the amended filing disclose any derivative securities for OPP?

No. Table II shows no derivative securities owned by RiverNorth Strategic Holdings.

Is RiverNorth Strategic Holdings considered a 10% owner of OPP?

The filing does not check the 10% owner box, indicating ownership is below that threshold.

What is the effective date of the insider ownership event reported?

The reportable event occurred on 11-22-2024, according to Item 2 of the Form 3/A.
RiverNorth/DoubleLine Strategic Opp Fund

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