secwatch.observer — SEC 8-K summary
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Issuer:     abrdn Income Credit Strategies Fund (ACP)
CIK:        0001503290
Form:       8-K
Filed at:   2022-02-14T23:59:59+00:00
Accession:  0001104659-22-020718
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aberdeen Income Credit Strategies Fund enters into $100M at-the-market distribution agreement with ALPS Distributors
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- On Feb 11, 2022, Fund entered Distribution Agreement with ALPS Distributors for up to $100M of common shares in ATM offerings.
- UBS Securities LLC was appointed as sub-placement agent under the Distribution Agreement on the same date.
- Offering is made under effective shelf registration statement File No. 333-253698 and a prospectus supplement dated Feb 11, 2022.
- Shares sold at prices not below net asset value plus commission; listed on NYSE under ticker ACP and ACP PRA preferred.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1503290/000110465922020718/0001104659-22-020718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1503290/000110465922020718/a22-5268_18k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-020718

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