RIVERNORTH OPPS FD INC.DL Aktie

According to» Mehr auf 247wallst.com

The RiverNorth Opportunities Fund offers a high yield of 12.30%, appealing to income-focused investors, but its high expenses and poor historical performance may be concerning. The fund primarily invests in closed-end funds, business development companies, and SPACs, aiming to profit from price inefficiencies and leverage. The fund reduced its allocation to closed-end funds and went to cash in the third quarter for some reason. This may be due to compressed discounts in the asset class.» Mehr auf seekingalpha.com

Significant Year-Over-Year Net Revenue Growth Driven by Robust Retail Performance Following Adult-Use Sales Launch in New York and Strong Bulk Wholesale Performance Pace of Synergy Realization faster than Expected, Strongly Positioning the Company for its Anticipated Business Combination with Cansortium TORONTO , Oct. 24, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform, today announced an operational update highlighting the Company's recent achievements ahead of its previously announced business combination with Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand (the "Business Combination"). Recent Operational Highlights: Based on preliminary estimates of financial results, year-to-date net revenue, as of October 23, 2024, doubled compared to the same period in the prior calendar year, with substantial growth in the third quarter of 2024 ("Q3 2024") and momentum expected to continue to build in the fourth quarter of 2024.» Mehr auf prnewswire.com