{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-326189","form_type":"8-K","ticker":null,"cik":"0001633858","company_name":"Audax Credit BDC Inc.","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.992488+00:00","generated_at":"2026-05-16T12:34:50.034324+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Audax Credit BDC secures $15M capital commitment from controlling shareholder","bullets":["Entered subscription agreement with Mercer Audax Credit Feeder Fund LP (controlling shareholder) for $15.0M commitment.","Company may issue common stock in private placements at net asset value per share upon drawdown.","Agreement effective December 16, 2025; proceeds support general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-326189","json":"https://secwatch.observer/filing/0001193125-25-326189.json","markdown":"https://secwatch.observer/filing/0001193125-25-326189.md","text":"https://secwatch.observer/filing/0001193125-25-326189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633858/000119312525326189/0001193125-25-326189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633858/000119312525326189/ck0001633858-20251216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:34:50.034324+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":"39eb41440fbabd9b7ca4e5835e0da8acc683362e","claim":"Audax Credit BDC Inc. entered into Subscription Agreement with Mercer Audax Credit Feeder Fund LP valued at $15,000,000 capital commitment (effective 2025-12-16).","evidence_excerpt":"Effective December 16, 2025, Audax Credit BDC Inc. (the “Company”) entered into a subscription agreement (the “Subscription Agreement”) with Mercer Audax Credit Feeder Fund LP, the Company’s controlling shareholder (the “Investor”), pursuant to which the Investor has made a capital commitment in respect of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in an amount equal to $15.0 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633858/000119312525326189/0001193125-25-326189-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Mercer Audax Credit Feeder Fund LP"},{"label":"Value","value":"$15,000,000 capital commitment"},{"label":"Effective","value":"2025-12-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}