{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-123924","form_type":"8-K","ticker":"XFLT","cik":"0001703079","company_name":"XAI Octagon Floating Rate & Alternative Income Trust","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.201047+00:00","generated_at":"2026-05-16T12:35:37.389980+00:00","sec_items":["3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"XAI Octagon issues 2.3M Series A MRP Shares for ~$23M net proceeds","bullets":["Issued 2,300,000 Series A Mandatory Redeemable Preferred Shares at $10 per share on Dec 18, 2025.","Net proceeds to the trust totaled approximately $23 million before expenses.","Following issuance, total outstanding MRP Shares reached 7,300,000 (full prior agreement amount).","Sale was exempt from registration under Section 4(a)(2) of the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-123924","json":"https://secwatch.observer/filing/0001213900-25-123924.json","markdown":"https://secwatch.observer/filing/0001213900-25-123924.md","text":"https://secwatch.observer/filing/0001213900-25-123924.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1703079/000121390025123924/0001213900-25-123924-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1703079/000121390025123924/ea0270358-01_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:35:37.389980+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":[{"claim_id":"9eaaa5a9af03f904c92bcfdebe41b911a043d485","claim":"XAI Octagon Floating Rate & Alternative Income Trust issued 2,300,000 MRP Shares of preferred stock to Purchasers named in the Purchase Agreement for $10.00 per MRP Share.","evidence_excerpt":"(the “Purchasers”), in connection with the issuance and sale of up to 7,300,000 shares of the Trust’s Series A Mandatory Redeemable Preferred Shares, liquidation preference of $10.00 (the “MRP Shares”), at a price equal to $10.00 per MRP Share, in two transactions exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933. On December","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1703079/000121390025123924/0001213900-25-123924-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"2,300,000 MRP Shares"},{"label":"Purchaser","value":"Purchasers named in the Purchase Agreement"},{"label":"Consideration","value":"$10.00 per MRP Share"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}