RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) announces a share repurchase program. Under the program, the company will repurchase up to 5% of its issued and outstanding shares. The shares will be repurchased at a price equal to the net asset value ("NAV") as of the close of regular business hours on the New York Stock Exchange on July 5, 2023. If shareholders tender for repurchase more than 5% of the outstanding shares of the Fund, the Fund may, but is not required to, repurchase up to an additional two percent 2% of the outstanding shares. If the Fund determines not to repurchase an additional two percent 2% or if more than seven percent 7% of the shares are tendered, then the Fund will repurchase shares on a pro rata basis based upon the number of shares tendered by each shareholder. The purpose of this offer is to provide an additional level of liquidity to shareholders. The offer will expire on July 5, 2023.

DST Systems, Inc. acted as an information agent and depository for the company.