---
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"
generated_at: "2026-05-16T13:06:19.487749+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Overland Advantage raises $1.55M via private placement of 12% Series A Preferred Shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-319519
- form_type: 8-K
- cik: 0001965934
- company_name: Overland Advantage
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-319519
- JSON: https://secwatch.observer/filing/0001193125-25-319519.json
- Plain text: https://secwatch.observer/filing/0001193125-25-319519.txt

## Key facts
- Equity Issuances
  Overland Advantage issued 515 shares of preferred stock to accredited investors for $3,000 per share.
  - Security: preferred stock
  - Shares: 515 shares
  - Purchaser: accredited investors
  - Consideration: $3,000 per share
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1965934/000119312525319519/0001193125-25-319519-index.htm
- Governance Changes
  Overland Advantage: Amendments to articles of incorporation described in the Preferred Shares Supplement filed as Exhibit 3.1 (effective 2025-12-16).
  - Change: charter amendment
  - Effective: 2025-12-16
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1965934/000119312525319519/0001193125-25-319519-index.htm

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