secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Capital Corp (FRBP)
CIK:        0001825248
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001104659-21-134093
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825248/000110465921134093/0001104659-21-134093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825248/000110465921134093/tm2131938d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-134093

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