---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-134093"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T13:17:28.352968+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Capital issues 1.9M shares for $29M and declares $0.30 dividend

## Summary
- Issued ~1.904M shares of common stock at aggregate price of ~$29.0M to accredited investors on Nov 2, 2021.
- Board declared a distribution of $0.30 per share on Oct 28, 2021, payable Nov 15, 2021 to holders of record Oct 28.
- Share issuance exempt under Section 4(a)(2) and Regulation D; no registration statement required.
- Equity raised via drawdown mechanism under subscription agreements with existing investors.

## SEC filing metadata
- accession: 0001104659-21-134093
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000110465921134093/0001104659-21-134093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000110465921134093/tm2131938d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-134093
- JSON: https://secwatch.observer/filing/0001104659-21-134093.json
- Plain text: https://secwatch.observer/filing/0001104659-21-134093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.