{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-331011","form_type":"8-K","ticker":null,"cik":"0001837532","company_name":"Apollo Debt Solutions BDC","filed_at":"2025-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.727676+00:00","generated_at":"2026-05-16T12:17:34.212234+00:00","sec_items":["3.02","7.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Apollo Debt Solutions BDC sells 4.87M Class I shares for $119M, declares Dec distributions, NAV $24.44","bullets":["Unregistered sale of 4,871,218 Class I shares for $119,043,794 to feeder vehicles.","Declared Dec 2025 distributions: Class I $0.18 net, Class S $0.1624, Class D $0.1748.","NAV per share $24.44 as of Nov 30, 2025, down from $24.48 in October.","Portfolio fair value $23.6B across 413 companies; 100% first lien, 96% floating rate debt.","Annualized distribution rate for Class I shares at 8.84% as of Dec 23, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-331011","json":"https://secwatch.observer/filing/0001193125-25-331011.json","markdown":"https://secwatch.observer/filing/0001193125-25-331011.md","text":"https://secwatch.observer/filing/0001193125-25-331011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837532/000119312525331011/0001193125-25-331011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837532/000119312525331011/d69378d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:17:34.212234+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":"e1c07530145be3bb430910bf310af892696c98e7","claim":"Apollo Debt Solutions BDC issued 4,871,218 Class I Common Shares of common stock to feeder vehicles primarily created to hold the Fund’s Class I Common Shares for $119,043,794.","evidence_excerpt":"the shares sold: Date of Unregistered Sale Amount of Class I Common Shares Consideration As of December 1, 2025 (number of shares finalized on December 23, 2025) 4,871,218 $ 119,043,794","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837532/000119312525331011/0001193125-25-331011-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"4,871,218 Class I Common Shares"},{"label":"Purchaser","value":"feeder vehicles primarily created to hold the Fund’s Class I Common Shares"},{"label":"Consideration","value":"$119,043,794"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}