26North BDC raises $145.8M via unregistered common stock sale of 5.8M shares

26North BDC, Inc.

Issued ~5,799,428 shares of common stock for gross proceeds of ~$145.8M.
Sale exempt under Section 4(a)(2) and Regulation D/S; investors were accredited or non-U.S.
Shares sold via subscription agreements requiring drawdowns on as-needed basis with 10-day notice.
Proceeds will be used for general corporate purposes (not explicitly stated in filing).

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

26North BDC, Inc. issued approximately 5,799,428 shares of common stock to accredited investors or non-U.S. persons for gross proceeds of approximately $145.8 million.

Security: common stock
Shares: approximately 5,799,428 shares
Purchaser: accredited investors or non-U.S. persons
Consideration: gross proceeds of approximately $145.8 million

Exact text from the filing

On March 23, 2026, 26North BDC, Inc. (the “Company”) issued and sold approximately 5,799,428 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), resulting in gross proceeds of approximately $145.8 million.

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Source: SEC EDGAR

accession 0001193125-26-124074

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