secwatch.observer — SEC 8-K summary
======================================

Issuer:     26North BDC, Inc. (—)
CIK:        0001950976
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001193125-26-124074
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1950976/000119312526124074/0001193125-26-124074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1950976/000119312526124074/ck0001950976-20260323.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-124074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer