{"schema_version":"secwatch.filing_event.v1","accession":"0001521945-24-000015","form_type":"8-K","ticker":null,"cik":"0001521945","company_name":"Prospect Floating Rate & Alternative Income Fund, Inc.","filed_at":"2024-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.479526+00:00","generated_at":"2026-06-06T19:14:30.368292+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Prospect Floating Rate Fund reclassifies 37.5M unissued shares from Class T to Classes S, D, I","bullets":["Filed articles supplementary reclassifying 12.5M unissued Class T shares each to Class S, Class D, and Class I Common Stock.","Total authorized Common Stock unchanged; no change in outstanding shares or shareholder rights.","Effective January 23, 2024; purely a reclassification of unissued shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001521945-24-000015","json":"https://secwatch.observer/filing/0001521945-24-000015.json","markdown":"https://secwatch.observer/filing/0001521945-24-000015.md","text":"https://secwatch.observer/filing/0001521945-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521945/000152194524000015/0001521945-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521945/000152194524000015/pfloat-20240124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:14:30.368292+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":"9eeb533f73b846906b2798aee2e69f98aa2b09d2","claim":"Prospect Floating Rate & Alternative Income Fund, Inc.: Reclassified 12,500,000 authorized but unissued shares of Class T Common Stock as Class S, Class D, and Class I Common Stock (effective 2024-01-23).","evidence_excerpt":"On and effective January 23, 2024, Prospect Floating Rate and Alternative Income Fund, Inc. (the “Company”) filed articles supplementary (the “Articles Supplementary”) with the State Department of Assessments and Taxation of Maryland, reclassifying (i) 12,500,000 authorized but unissued shares of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”), designated as Class T Common Stock as shares of Class S Common Stock (the “Class S Common Stock”); (ii) 12,500,000 authorized but unissued shares of Common Stock designated as Class T Common Stock as shares of Class D Common Stock (the “Class D Common Stock”); and (iii) 12,500,000 authorized but unissued shares of Common Stock designated as Class T Common Stock as shares of Class I Common Stock (the “Class I Common Stock”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521945/000152194524000015/0001521945-24-000015-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-01-23"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}