XAI Octagon sells 400,000 Series II 2029 Convertible Preferred Shares for $9.3M

XAI Octagon Floating Rate & Alternative Income Trust

Issued 400,000 shares at $23.25 per share on October 1, 2024, net proceeds ~$9.3 million.
Total outstanding Series II 2029 Convertible Preferred Shares now 1.6 million.
Sale is part of previously announced at-the-market offering of up to 1.8 million shares.

item 3.02

XAI Octagon Floating Rate & Alternative Income Trust filing history →

Source: SEC EDGAR

accession 0001213900-24-084226

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