secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Capital Corp (FRBP)
CIK:        0001825248
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001104659-22-067011
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Franklin BSP Capital Corp. issues 1.65M shares for $25M in private placement
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- Issued approximately 1.65 million shares of common stock for aggregate proceeds of $25.0 million.
- Sale made under subscription agreements with accredited investors, exempt under Section 4(a)(2) and Regulation D.
- Drawdown notice previously delivered; investors fund purchases on 10 business days' notice.
- Capital commitments are called as needed; proceeds increase company's equity capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825248/000110465922067011/0001104659-22-067011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825248/000110465922067011/tm2217465d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-067011

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