---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-001381"
form_type: "8-K"
ticker: "XFLT"
cik: "0001703079"
company_name: "XAI Octagon Floating Rate & Alternative Income Trust"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:52:11.166152+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# XFLT issues 793,880 common shares on conversion of 200,000 preferred shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-23-001381
- form_type: 8-K
- ticker: XFLT
- cik: 0001703079
- company_name: XAI Octagon Floating Rate & Alternative Income Trust
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703079/000121390023001381/0001213900-23-001381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703079/000121390023001381/s147844_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-001381
- JSON: https://secwatch.observer/filing/0001213900-23-001381.json
- Plain text: https://secwatch.observer/filing/0001213900-23-001381.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.