{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-038618","form_type":"8-K","ticker":"XFLT","cik":"0001703079","company_name":"XAI Octagon Floating Rate & Alternative Income Trust","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.117521+00:00","generated_at":"2026-06-15T04:22:03.373064+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"XAI Octagon Trust issues 400K Convertible Preferred Shares; holders convert all old preferred into common","bullets":["On May 11, 2023, Trust issued 400,000 Additional Convertible Preferred Shares at $23.25/share, net proceeds ~$9.3M.","On May 2-3, 2023, holders converted all 400,000 outstanding Convertible Preferred Shares into 543,657 Common Shares at $6.44/share.","After issuance, Trust has 38,491,277 Common Shares and 400,000 Convertible Preferred Shares outstanding.","Sale exempt from registration under Section 4(a)(2) of Securities Act of 1933."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-038618","json":"https://secwatch.observer/filing/0001213900-23-038618.json","markdown":"https://secwatch.observer/filing/0001213900-23-038618.md","text":"https://secwatch.observer/filing/0001213900-23-038618.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1703079/000121390023038618/0001213900-23-038618-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1703079/000121390023038618/ea154736_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:22:03.373064+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"}