{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-037681","form_type":"8-K","ticker":"KBDC","cik":"0001747172","company_name":"Kayne Anderson BDC, Inc.","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.066770+00:00","generated_at":"2026-05-15T08:11:57.684330+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"KBDC enters equity distribution agreements for up to $150M ATM offering","bullets":["Agreements with Truist, RBC, KBW, Regions, UBS to offer up to $150M common stock at-the-market.","Sales price per share cannot be less than NAV; Adviser may absorb commissions to ensure that.","Company not obligated to sell shares; may suspend offering at any time.","Prospectus supplement filed March 31, 2026 under existing shelf registration statement.","Sales agents receive up to 1.5% commission on gross proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-037681","json":"https://secwatch.observer/filing/0001213900-26-037681.json","markdown":"https://secwatch.observer/filing/0001213900-26-037681.md","text":"https://secwatch.observer/filing/0001213900-26-037681.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747172/000121390026037681/0001213900-26-037681-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747172/000121390026037681/ea0283168-03_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:11:57.684330+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":"8c8d897b524fc9b525b1fb2f2e3e2cb59d17a270","claim":"Kayne Anderson BDC, Inc. entered into Equity Distribution Agreements with KA Credit Advisers, LLC and Truist Securities, Inc., RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc., Regions Securities LLC, UBS Securities LLC valued at up to $150,000,000 (effective 2026-03-31).","evidence_excerpt":"On March 31, 2026, Kayne Anderson BDC, Inc. (the “Company”) entered into equity distribution agreements, each dated as of March 31, 2026 (the “Equity Distribution Agreements”), by and among the Company and KA Credit Advisers, LLC, the Company’s investment adviser (the “Adviser”), and each of Truist Securities, Inc., RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc., Regions Securities LLC and UBS Securities LLC (collectively, the “Sales Agents”). The Equity Distribution Agreements provide that the Company may from time to time issue and sell shares of its common stock, par value $0.001 per share, having an aggregate offering price of up to $150,000,000 (“Shares”), through the Sales Agents, or to them as principal for their own respective accounts.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747172/000121390026037681/0001213900-26-037681-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"KA Credit Advisers, LLC and Truist Securities, Inc., RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc., Regions Securities LLC, UBS Securities LLC"},{"label":"Value","value":"up to $150,000,000"},{"label":"Effective","value":"2026-03-31"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}