[Form 3] RIVERNORTH OPPORTUNITIES FUND, INC. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

RiverNorth Financial Holdings, LLC filed an initial Form 3 for RiverNorth Opportunities Fund, Inc. (Ticker: RIV) dated 09/18/2025. The filing identifies the reporting person as an Officer and an affiliate of the adviser. Table I of the form lists 0 common shares of beneficial interest owned, indicating no direct ownership reported on this initial statement. The submission is signed by Marc Collins. No derivative securities, amendments, or additional ownership lines are reported in the document.

Positive

• Disclosure compliance: The reporting person filed an initial Form 3, fulfilling Section 16(a) reporting obligations.
• Clear relationship stated: The form explicitly identifies the filer as an Officer and affiliate of the adviser, clarifying reporting status.

Negative

• No beneficial ownership reported: Table I lists 0 common shares, so the filing does not indicate insider ownership of equity in RIV.

Insights

Corporate Governance Expert

TL;DR: Initial ownership filing shows an affiliated officer but reports no beneficial ownership of common shares.

The Form 3 confirms RiverNorth Financial Holdings, LLC is an officer and affiliated with the fund's adviser, establishing its reporting obligation under Section 16. The form reports zero direct common shares, and no derivative positions are disclosed. From a governance standpoint, the filing documents disclosure compliance and clarifies the reporting relationship, but it does not reveal executive shareholdings or potential insider alignment with public shareholders.

Securities Compliance Analyst

TL;DR: Filing is procedural and informational; it meets initial reporting requirements without material ownership disclosures.

This Form 3 appears to be a routine initial statement fulfilling Section 16(a) obligations. It lists the reporting person as an officer and adviser affiliate and shows no non-derivative or derivative securities beneficially owned. The absence of reported holdings means there are no immediate Section 16 trading or disclosure implications arising from this filing.

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

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1. Name and Address of Reporting Person^*

RiverNorth Financial 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)
09/18/2025

3. Issuer Name and Ticker or Trading Symbol
RIVERNORTH OPPORTUNITIES FUND, INC. [ RIV ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Affiliate of the Adviser

5. If Amendment, Date of Original Filed (Month/Day/Year)

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	0	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:

	/s/ Marc Collins	09/18/2025
	** 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

What does the Form 3 filed for RIV on 09/18/2025 report?

The Form 3 reports that RiverNorth Financial Holdings, LLC is an Officer and an affiliate of the adviser to RiverNorth Opportunities Fund, Inc. and discloses 0 common shares beneficially owned.

Who signed the Form 3 for RIV?

The filing is signed by Marc Collins on 09/18/2025.

Does the Form 3 for RIV disclose any derivative securities or options?

No. The filing contains no entries in Table II and discloses no derivative securities or related positions.

Is the reporting person a director or a 10% owner of RIV according to the Form 3?

No. The form marks the reporting person as an Officer and affiliate of the adviser; it does not indicate director status or 10% ownership.

Does this Form 3 amendment information appear in the filing?

No amendment date is provided; this submission is the initial Form 3 and not listed as an amendment.