{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-035944","form_type":"8-K","ticker":"XFLT","cik":"0001703079","company_name":"XAI Octagon Floating Rate & Alternative Income Trust","filed_at":"2022-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.905179+00:00","generated_at":"2026-06-24T22:25:05.127287+00:00","sec_items":["1.01","3.02","5.03","7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"XFLT issues 400K convertible preferred shares at $23.25 and 1.45M common shares at $6.90","bullets":["400,000 shares of 6.00% Series 2029 Convertible Preferred at $23.25/sh; net proceeds ~$9.3M.","Convertible preferred pay 6% fixed dividend ($1.50/sh/yr), mandatory redemption June 30, 2029.","Additional 1.45M common shares at $6.90/sh; net proceeds ~$10.0M.","Investors granted option to buy up to 800K more convertible shares by June 30, 2023, with $0.50/sh penalty if not taken.","Proceeds to invest, pay down borrowings, and for working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-035944","json":"https://secwatch.observer/filing/0001213900-22-035944.json","markdown":"https://secwatch.observer/filing/0001213900-22-035944.md","text":"https://secwatch.observer/filing/0001213900-22-035944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1703079/000121390022035944/0001213900-22-035944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1703079/000121390022035944/s138463_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T22:25:05.127287+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}