other material
confidence high
sentiment neutral
materiality 0.60
26North BDC raises $63.4M via private placement of 2.53M shares
26North BDC, Inc.
- Issued ~2.53M shares at ~$25.08 per share, raising $63.4M in gross proceeds.
- Sale exempt under Securities Act Section 4(a)(2) and Regulation D/S; all investors accredited or non-U.S. persons.
- Investors fund drawdowns on as-needed basis with minimum 10-day prior notice under subscription agreements.