other material
confidence high
sentiment neutral
materiality 0.50
Kayne Anderson BDC sells $50M of common stock under subscription agreements
Kayne Anderson BDC, Inc.
- Sold 2,961,068 shares at an aggregate price of $50.0M on Dec 9, 2022.
- No underwriting discounts or commissions paid; shares issued under existing subscription agreements.
- Total capital commitments from investors amount to $808.2M for common stock purchases.
- Issuance exempt under Section 4(a)(2) and Regulation D; buyers are accredited investors.