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

Issuer:     XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
CIK:        0001703079
Form:       8-K
Filed at:   2022-02-11T23:59:59+00:00
Accession:  0001213900-22-007079
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 launches at-the-market offering of up to 18.3M common shares
------------------------------------------------------------------------

- Entered distribution agreement with Foreside Fund Services to sell up to 18,300,000 common shares in ATM offerings.
- Minimum sale price will not be less than then-current NAV per share plus commission.
- UBS Securities LLC named as sub-placement agent per separate agreement dated Feb 10, 2022.
- Offering commenced Feb 11, 2022 under existing shelf registration statement (File No. 333-261521).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703079/000121390022007079/0001213900-22-007079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703079/000121390022007079/s135300_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-007079

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