{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-053004","form_type":"8-K","ticker":"XFLT","cik":"0001703079","company_name":"XAI Octagon Floating Rate & Alternative Income Trust","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.663251+00:00","generated_at":"2026-06-01T04:21:26.089970+00:00","sec_items":["1.01","3.02","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"XFLT announces private placement of convertible preferred shares raising up to $41.85M","bullets":["Initial issuance of 400,000 shares at $23.25/share netting ~$9.3M on June 13, 2024.","Agreement to sell up to 1.8M 6.95% Series II 2029 Convertible Preferred Shares ($25 liquidation preference).","Total potential net proceeds of ~$41.85M if all shares sold by December 10, 2025.","Shares pay 6.95% annual dividend, convertible into common at greater of VWAP or NAV.","Mandatory redemption on December 31, 2029 at $25/share plus unpaid dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-053004","json":"https://secwatch.observer/filing/0001213900-24-053004.json","markdown":"https://secwatch.observer/filing/0001213900-24-053004.md","text":"https://secwatch.observer/filing/0001213900-24-053004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1703079/000121390024053004/0001213900-24-053004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1703079/000121390024053004/ea0207681-01_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:21:26.089970+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"}