---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-038108"
form_type: "8-K"
ticker: "XFLT"
cik: "0001703079"
company_name: "XAI Octagon Floating Rate & Alternative Income Trust"
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:21:05.091480+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# XAI Octagon Floating Rate & Income Term Trust closes 3.565M common share offering at $8.50

## Summary
- Public offering of 3,100,000 common shares plus full over-allotment of 465,000 shares at $8.50 each.
- Gross proceeds approximately $30.3 million before underwriting expenses.
- Underwriting agreement with B. Riley Securities as representative; shelf registration statement on Form N-2.
- Skadden Arps legal opinion on share legality filed as Exhibit 5.1.

## SEC filing metadata
- accession: 0001213900-21-038108
- form_type: 8-K
- ticker: XFLT
- cik: 0001703079
- company_name: XAI Octagon Floating Rate & Alternative Income Trust
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703079/000121390021038108/0001213900-21-038108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703079/000121390021038108/s132927_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-038108
- JSON: https://secwatch.observer/filing/0001213900-21-038108.json
- Plain text: https://secwatch.observer/filing/0001213900-21-038108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.