secwatch.observer — SEC 8-K summary
======================================

Issuer:     XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
CIK:        0001703079
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001398344-24-011313
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XFLT authorizes ATM offering of up to 15M common shares at a minimum of NAV plus commission
--------------------------------------------------------------------------------

- Entered Distribution Agreement with Paralel Distributors LLC on June 4, 2024 for at-the-market offering of up to 15,000,000 common shares.
- Minimum sale price per share equals current NAV plus per-share commission to the Distributor.
- UBS Securities LLC serves as sub-placement agent under a separate Sub-Placement Agent Agreement dated June 4, 2024.
- Offering made under existing shelf registration statement (File No. 333-261521) filed on Form N-2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703079/000139834424011313/0001398344-24-011313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703079/000139834424011313/fp0088600-1_8kixbrl.htm
  HTML page:      https://secwatch.observer/filing/0001398344-24-011313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer