other material
confidence high
sentiment neutral
materiality 0.65
26North BDC issues ~6.3M shares in private placement for $156.2M gross proceeds
26North BDC, Inc.
- Issued 6,299,433 shares of common stock at $0.001 par value.
- Gross proceeds of approximately $156.2 million from subscription agreements.
- Investors fund drawdowns on an as-needed basis with 10 calendar days' notice.
- Exempt from registration under Section 4(a)(2) and Regulation D/S; investors are accredited or non-U.S. persons.