RSF

RiverNorth Capital and Income Fund, Inc. Announces Final Results of Non-Transferable Rights Offering

Retrieved on: 
Tuesday, April 23, 2024
Finance, Consulting, Professional Services, Other Professional Services, Asset Management, Sale, Prospectus, Offering, Investment, Risk, NAV, Security (finance), Expiration, Annual report, RSF

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its non-transferable rights offering (the “Offering”) that expired on April 22, 2024 (the “Expiration Date”).

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its non-transferable rights offering (the “Offering”) that expired on April 22, 2024 (the “Expiration Date”).
  • In the Offering, the Fund received subscription requests for 949,525 shares of common stock from rights holders.
  • The final subscription price is lower than the original estimated subscription price of $15.28 per share.
  • RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.

RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer

Retrieved on: 
Thursday, April 4, 2024
Consulting, Asset Management, Professional Services, Finance, DST Systems, Fund, RSF

RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares.

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares.
  • The repurchase offer expired at 5:00 P.M. Eastern Time on April 3, 2024.
  • Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,605,138 shares were submitted for redemption and 246,374 shares were repurchased.
  • The information agent for the repurchase offer is DST Systems, Inc. Any questions with regard to the tender offer may be directed to the information agent toll-free at 844-569-4750.

RiverNorth Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Monday, April 1, 2024
Banking, Professional Services, Finance, RFM, Annual report, RMM, Policy, NAV, RSF, Overalls, RIV, OPP, Fund, Calendar, RMI, Security (finance)

Each Fund maintains a level distribution policy with the intention of providing monthly distributions to shareholders at a constant and fixed (but not guaranteed) rate that is reset annually.

Key Points: 
  • Each Fund maintains a level distribution policy with the intention of providing monthly distributions to shareholders at a constant and fixed (but not guaranteed) rate that is reset annually.
  • Each Fund’s ability to maintain a stable level of distributions to shareholders will depend on a number of factors, including changes in the financial market, market interest rates, and performance of overall equity and fixed income markets.
  • Holders of each Fund’s common stock will receive the distribution under one of two options:
    2.
  • A return of capital does not necessarily reflect a Fund’s investment performance and should not be confused with ‘yield’ or ‘income.’ Any such returns of capital will decrease a Fund’s total assets and, therefore, could have the effect of increasing a Fund’s expense ratio.

Update: RiverNorth Capital and Income Fund, Inc. Non-Transferable Rights Offering

Retrieved on: 
Tuesday, March 26, 2024
Personal Finance, Finance, Consulting, Professional Services, Asset Management, Indian stock exchange, Annual report, Organization, Square, Exercise, Date, Risk, Sale, Expiration, BDC, RSF, Small business, Security (finance), XBRL, Prospectus, Investment, Q3

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”), an exchange-listed interval fund, has filed the prospectus supplement governing the terms of its previously announced non-transferable rights offering.

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”), an exchange-listed interval fund, has filed the prospectus supplement governing the terms of its previously announced non-transferable rights offering.
  • For every three Rights held, a holder of Rights may buy one new share of common stock of the Fund.
  • The number of Rights to be issued to a Record Date Stockholder will be rounded up to the nearest number of Rights evenly divisible by three.
  • Accordingly, new Common Shares may be purchased only pursuant to the exercise of Rights in integral multiples of three.

RiverNorth Capital and Income Fund, Inc. Announces Non-Transferable Rights Offering

Retrieved on: 
Friday, March 15, 2024
Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Personal Finance, Indian stock exchange, Annual report, Exercise, Date, Risk, Sale, Expiration, RSF, Security (finance), Prospectus, Investment

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s stockholders of rights to purchase additional shares of common stock of the Fund.

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s stockholders of rights to purchase additional shares of common stock of the Fund.
  • For every three Rights held, a holder of Rights may buy one new share of common stock of the Fund.
  • Accordingly, new Common Shares may be purchased only pursuant to the exercise of Rights in integral multiples of three.
  • RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.

Government of Canada invests in 7,700 world-class researchers and projects across the country

Retrieved on: 
Wednesday, March 13, 2024
Natural science, Government, Climate change, Transport, CFI, University, TIPS, Public, Humanities, SSHRC, Knowledge, Society, The Honourable, Research, Acquisition, RSF, Engineering, Quality of life, Student, Investment, CRC, Social, Scholarship, IPG, Social science, CIHR

It will support the acquisition of the state-of-the-art tools and infrastructure needed by researchers to advance their discoveries and innovations.

Key Points: 
  • It will support the acquisition of the state-of-the-art tools and infrastructure needed by researchers to advance their discoveries and innovations.
  • The funding is distributed across the country through:
    The Canada Research Chairs (CRC) program – awarding $191 million to 230 new and renewed chairholders at 50 institutions.
  • "Congratulations to top-tier researchers who will get a boost through this vital funding to take their projects to the next level.
  • CFI's John R. Evans Leaders Fund helps institutions attract and retain researchers and provides support for the Canada Research Chairs Program.

Easterly Government Properties Awarded Lease to Develop 50,777 RSF Federal Courthouse in Flagstaff, Arizona

Retrieved on: 
Monday, March 4, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Courts, Banking, REIT, Public Policy, Government, Professional Services, White House, Federal Government, LEED, Acquisition, Silver, United States Marshals Service, Multimedia, Marshal, Level 3, Biophysical environment, JUD, DEA, ESG, Safety, Unitary state, RSF, General Services Administration, Magistrate, CPTED, Travel, Partnership, Property management

Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has been awarded a 20-year non-cancelable lease for a 50,777 rentable square foot Federal courthouse in Flagstaff, Arizona (“JUD - Flagstaff”).

Key Points: 
  • Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has been awarded a 20-year non-cancelable lease for a 50,777 rentable square foot Federal courthouse in Flagstaff, Arizona (“JUD - Flagstaff”).
  • View the full release here: https://www.businesswire.com/news/home/20240304846914/en/
    Easterly Government Properties, Inc. (NYSE: DEA) was awarded a lease to develop a 50,777 RSF federal courthouse in Flagstaff, Arizona.
  • Once complete, a 20-year non-cancelable lease will commence with the United States Government.
  • “We believe being awarded a 20-year non-cancelable lease in exchange for delivering a state-of-the-art, mission-critical courthouse represents our recognized definable edge in our ability to develop in this specialized market.

Rooted School Foundation's "The $50 Study" Awarded $1 Million from the City of New Orleans Office of Economic Mobility

Retrieved on: 
Tuesday, January 16, 2024
Student, Research, Employment, City, RCT, Shoe, Public health, ARPA, Universal basic income, Habit, Achievement Medal, Parent, Randomized controlled trial, Economic mobility, RSF, Nursing

NEW ORLEANS, Jan. 16, 2024 /PRNewswire/ -- The $50 Study was named a grant recipient from the City of New Orleans as part of their Economic Mobility in Motion Initiative. Rooted School Foundation (RSF) will receive $1 million to facilitate a multi-year study in which 800+ high school seniors in New Orleans will receive $50 a week for 40 weeks. The impact of these cash transfers will be studied during students' senior year of high school, and for the two years following graduation. This is the first, largest, and most rigorous study of its kind in the world exploring the long-term impact of providing direct cash to teenagers.

Key Points: 
  • NEW ORLEANS, Jan. 16, 2024 /PRNewswire/ -- The $50 Study was named a grant recipient from the City of New Orleans as part of their Economic Mobility in Motion Initiative.
  • Rooted School Foundation (RSF) will receive $1 million to facilitate a multi-year study in which 800+ high school seniors in New Orleans will receive $50 a week for 40 weeks.
  • "Improving upward economic mobility in New Orleans, or any city, starts by giving students experience with an income.
  • I cannot imagine a better opportunity for our youth," said Kaitlin Karpinski, Executive Director, Rooted School New Orleans .

RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer

Retrieved on: 
Thursday, January 4, 2024
Personal Finance, Finance, Professional Services, Other Professional Services, Asset Management, RSF, Fund, DST Systems

RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares.

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares.
  • The repurchase offer expired at 5:00 P.M. Eastern Time on January 3, 2024.
  • Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,602,879 shares were submitted for redemption and 222,327 shares were repurchased.
  • The information agent for the repurchase offer is DST Systems, Inc. Any questions with regard to the tender offer may be directed to the information agent toll-free at 844-569-4750.

Big Sky Medical Acquires First Asset in Phoenix

Retrieved on: 
Wednesday, January 3, 2024
MSA, Sale, TSMC, Cushman & Wakefield, Acquisition, Senior, RSF, Growth, Commercial property

DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center.

Key Points: 
  • DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center.
  • "The acquisition of the Blackhawk Medical Center in Phoenix marks a momentous stride in Big Sky's mission to expand our portfolio’s footprint.
  • We are excited about the opportunities this acquisition brings to provide quality medical facilities to the expanding Phoenix community."
  • – Chris Morgan, Senior Manager – Acquisitions for Big Sky Medical.