secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Capital Corp (FRBP)
CIK:        0001825248
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001104659-21-099481
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Franklin BSP Capital issues 1.65M shares for $25M in private placement
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- Issued ~1.646M shares of common stock at aggregate offering price of ~$25.0M.
- Sale conducted under subscription agreements via drawdown notice to accredited investors.
- Exempt from registration under Section 4(a)(2) and Regulation D of the Securities Act.
- Proceeds used for general corporate purposes; capital commitments funded as-needed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825248/000110465921099481/0001104659-21-099481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825248/000110465921099481/tm2123889d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-099481

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer