{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-088061","form_type":"8-K","ticker":"PFLT","cik":"0001504619","company_name":"PennantPark Floating Rate Capital Ltd.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.302735+00:00","generated_at":"2026-06-17T07:49:08.473979+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PFLT enters equity distribution agreements to sell up to $100M of common stock via ATM","bullets":["Agreements with JMP Securities, Raymond James & Associates, and Truist Securities as sales agents.","Up to $100 million aggregate offering price of common stock sold at-the-market.","Sales agents will receive a commission of up to 2.0% of gross sales price.","Net proceeds to be used for portfolio investments, general corporate purposes, or debt repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-088061","json":"https://secwatch.observer/filing/0001193125-23-088061.json","markdown":"https://secwatch.observer/filing/0001193125-23-088061.md","text":"https://secwatch.observer/filing/0001193125-23-088061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1504619/000119312523088061/0001193125-23-088061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1504619/000119312523088061/d495153d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:49:08.473979+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0211fccbfea59b3baf82a1e94c28f64347910772","claim":"PennantPark Floating Rate Capital Ltd. entered into Equity Distribution Agreements with JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc. valued at $100 million (effective 2023-03-31).","evidence_excerpt":"On March 31, 2023, PennantPark Floating Rate Capital, Ltd. (the “Company”) entered into equity distribution agreements (together, the “Equity Distribution Agreements”) with each of JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc., as the sales agents (each, a “Sales Agent,” and together, the “Sales Agents”), in connection with the sale of shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), with an aggregate offering price of up to $100 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1504619/000119312523088061/0001193125-23-088061-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc."},{"label":"Value","value":"$100 million"},{"label":"Effective","value":"2023-03-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}