secwatch.observer — SEC 8-K summary
======================================

Issuer:     Star Mountain Lower Middle-Market Capital Corp (—)
CIK:        0001786835
Form:       8-K
Filed at:   2026-08-12T18:30:33+00:00
Accession:  0001140361-26-032465
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Mountain issues $25M Floating Rate Senior Notes due 2029 at SOFR+3.75%
---------------------------------------------------------------------------

- $25M aggregate principal Floating Rate Senior Unsecured Notes due Jan 15, 2029, priced at 99.50% of par.
- Interest at Adjusted SOFR Rate plus 3.75% per annum, payable quarterly starting Oct 15, 2026.
- Additional issuance to existing $25M notes; fungible, rank equally, single series.
- Notes are unsecured, pari passu; covenant requires minimum asset coverage ratio of 1.50x.
- Private placement to qualified institutional investor; purchase price plus accrued interest $114,576.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786835/000114036126032465/0001140361-26-032465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786835/000114036126032465/ef20080077_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-032465

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer