{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-051942","form_type":"8-K","ticker":null,"cik":"0001781870","company_name":"New Mountain Guardian III BDC, L.L.C.","filed_at":"2024-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.587441+00:00","generated_at":"2026-05-29T01:44:14.856946+00:00","sec_items":["1.02","2.01","3.03","5.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"New Mountain Guardian III BDC completes merger into NEWCRED; holders receive $7.27 cash per unit","bullets":["Merger with New Mountain Private Credit Fund (NEWCRED) effective December 17, 2024.","Each outstanding limited liability company interest converted into $7.27 in cash.","All named officers and directors of the Company ceased their roles upon merger effective time.","Investment advisory agreement between the Company and NMFA terminated at merger effective time."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-051942","json":"https://secwatch.observer/filing/0001628280-24-051942.json","markdown":"https://secwatch.observer/filing/0001628280-24-051942.md","text":"https://secwatch.observer/filing/0001628280-24-051942.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781870/000162828024051942/0001628280-24-051942-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781870/000162828024051942/nmgivi-20241218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T01:44:14.856946+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":"5df88f114d474debc79f03bb0d3a95dae9b66d02","claim":"New Mountain Guardian III BDC, L.L.C. underwent a change of control involving NEWCRED for $7.27 per unit (closed 2024-12-17).","evidence_excerpt":"On December 17, 2024, the Company completed its previously announced merger (the “Merger”) with and into NEWCRED, with NEWCRED continuing as the surviving company in the Merger. In accordance with the terms of the Merger Agreement, at the effective time of the Merger, each outstanding unit of the Company’s limited liability company interests was converted into the right to receive an amount in cash equal to $7.27.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781870/000162828024051942/0001628280-24-051942-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"NEWCRED"},{"label":"Consideration","value":"$7.27 per unit"},{"label":"Closing","value":"2024-12-17"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}