Rights offering on RQI - does it make sense to exercise ?
RQI is doing a rights offering: [https://assets-prod.cohenandsteers.com/wp-content/uploads/2026/06/22135328/CNS\_Quality\_Income\_Realty\_Fund.pdf](https://assets-prod.cohenandsteers.com/wp-content/uploads/2026/06/22135328/CNS_Quality_Income_Realty_Fund.pdf) price is calculated according to this formula: "Subscription price will be based upon a formula equal to the higher of 92.5% of the average market price on expiration date and the four preceding …