---
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"
generated_at: "2026-06-17T07:49:08.473979+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PFLT enters equity distribution agreements to sell up to $100M of common stock via ATM

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-088061
- JSON: https://secwatch.observer/filing/0001193125-23-088061.json
- Plain text: https://secwatch.observer/filing/0001193125-23-088061.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: atm program
  - Counterparty: JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc.
  - Value: $100 million
  - Effective: 2023-03-31
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312523088061/0001193125-23-088061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.