other_material
confidence high
sentiment positive
materiality 0.85
Blue Owl Technology Finance Corp. intends to list on NYSE on or about June 12, 2025 under ticker OTF
Blue Owl Technology Finance Corp.
- Initial float of 23,256,814 shares (5% of each shareholder’s position) freely tradeable at listing; remaining locked up in three tranches.
- Board authorized up to $200M share repurchase program, effective for 18 months from listing in open-market transactions.
- Declared Q2 2025 regular dividend of $0.35/share (record June 30, payable July 15) and five special dividends of $0.05/share quarterly through Q3 2026.
- Net asset value per share of $17.09 as of March 31, 2025; implied market capitalization of $7.9B based on 465,126,583 shares outstanding.
- $5.0M of listing fees and expenses to be reimbursed by adviser Blue Owl Technology Credit Advisors LLC.
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