other material
confidence high
sentiment neutral
materiality 0.20
XFLT issues 793,880 common shares on conversion of 200,000 preferred shares
XAI Octagon Floating Rate & Alternative Income Trust
- 200,000 6.00% Series 2029 Convertible Preferred Shares converted into 793,880 common shares.
- Conversion price $6.3643 per common share, effective January 4, 2023.
- Post-conversion: 36,484,367 common shares and 200,000 convertible preferred shares outstanding.