{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-319519","form_type":"8-K","ticker":null,"cik":"0001965934","company_name":"Overland Advantage","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.171240+00:00","generated_at":"2026-05-16T13:06:19.487749+00:00","sec_items":["3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Overland Advantage raises $1.55M via private placement of 12% Series A Preferred Shares","bullets":["Sold 515 shares of 12.0% Series A Cumulative Preferred Shares at $3,000 per share to accredited investors; gross proceeds ~$1.545M.","12% cumulative dividend payable semi-annually; shares senior to common, parity with other preferred.","Redemption at Company's option after 2 years at $3,000 plus accrued dividends plus $300 premium; no conversion.","Board designated Terri Lecamp and Neil H. Sherman as Preferred Trustees; holders elect two trustees separately.","Shares sold under Section 4(a)(2) and Rule 506; restricted securities; fees of $20K + 5% of equity paid to REIT Funding."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-319519","json":"https://secwatch.observer/filing/0001193125-25-319519.json","markdown":"https://secwatch.observer/filing/0001193125-25-319519.md","text":"https://secwatch.observer/filing/0001193125-25-319519.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525319519/0001193125-25-319519-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525319519/ck0001965934-20251211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:06:19.487749+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":"5b55ac72dbe8cce4e8233ee29af55fa2e14294a9","claim":"Overland Advantage issued 515 shares of preferred stock to accredited investors for $3,000 per share.","evidence_excerpt":"On December 11, 2025, Overland Advantage (the “ Company ”) issued and sold 515 shares of its 12.0% Series A Cumulative Preferred Shares, par value $0.001 per share (the “ Series A Preferred Shares ”), for $3,000 per share to a select group of individual investors who are “accredited investors” within the meaning of Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended (the “ Securities Act ”).","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525319519/0001193125-25-319519-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"515 shares"},{"label":"Purchaser","value":"accredited investors"},{"label":"Consideration","value":"$3,000 per share"}],"fact_type":"equity_issuance"},{"claim_id":"2e26868eb8f200b9f094c4e2a58ac2f1ac0f2db1","claim":"Overland Advantage: Amendments to articles of incorporation described in the Preferred Shares Supplement filed as Exhibit 3.1 (effective 2025-12-16).","evidence_excerpt":"Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. The disclosure set forth above under Item 3.02 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525319519/0001193125-25-319519-index.htm","confidence":0.8,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-12-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}