Golub Capital BDC 3, Inc.: M&A transaction — Golub Capital BDC 3 completes merger with GBDC; exchange ratio 0.9138

Golub Capital BDC 3, Inc.

Merger closed June 3, 2024; each share of GBDC3 converted into 0.9138 shares of GBDC common stock.
GBDC issued approximately 92,115,308 shares to former GBDC3 stockholders in the deal.
GBDC3 declared a $0.0944 per-share distribution payable June 6 to June 2 record holders.
All named executive officers and directors of GBDC3 ceased upon merger effectiveness.
The company's separate existence ended; GBDC is the surviving corporation.

item 2.01 item 3.03 item 5.01 item 5.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Golub Capital BDC 3, Inc. underwent a change of control involving Golub Capital BDC, Inc. for 0.9138 shares of GBDC’s common stock per share (closed 2024-06-03).

Action: change of control
Counterparty: Golub Capital BDC, Inc.
Consideration: 0.9138 shares of GBDC’s common stock per share
Closing: 2024-06-03

Exact text from the filing

with the terms of the Merger Agreement, at the effective time of the Merger, each outstanding share of the Company’s common stock was converted into the right to receive 0.9138 shares of GBDC’s common stock (with the Company’s stockholders receiving cash in lieu of fractional shares of GBDC’s common stock). As a result of the Merger, GBDC will issue an

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Source: SEC EDGAR

accession 0001104659-24-067550

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