other
confidence high
sentiment neutral
materiality 0.50
Investcorp Credit Management BDC issues 453,985 shares at $6.92 to parent in private placement
Investcorp Credit Management BDC, Inc.
- Issued 453,985 shares of common stock to Investcorp BDC Holdings Limited at $6.92/share for $3.14M aggregate.
- Sale made under existing 2019 Stock Purchase and Transaction Agreement with Investcorp.
- Exempt from registration under Section 4(a)(2) and Regulation D; buyer is accredited investor.
- Shares issued on September 3, 2021; reported on Form 8-K filed September 7, 2021.