secwatch.observer — SEC 8-K summary
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Issuer:     XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
CIK:        0001703079
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001213900-21-038108
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703079/000121390021038108/0001213900-21-038108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703079/000121390021038108/s132927_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-038108

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