secwatch.observer — SEC 8-K summary
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Issuer:     26North BDC, Inc. (—)
CIK:        0001950976
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-223209
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

26North BDC raises $122.1M via issuance of 4.8M shares in private placement
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- Issued ~4.8M shares of common stock on Sept 25, 2025, for gross proceeds of $122.1M.
- Sale made under Regulation D/S to accredited investors and non-U.S. persons.
- Subscription agreements require funding drawdowns on as-needed basis with 10-day notice.
- Company is a BDC; proceeds likely used for investment purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1950976/000119312525223209/0001193125-25-223209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1950976/000119312525223209/none-20250925.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-223209

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