---
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"
generated_at: "2026-05-29T01:44:14.856946+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# New Mountain Guardian III BDC completes merger into NEWCRED; holders receive $7.27 cash per unit

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-051942
- form_type: 8-K
- cik: 0001781870
- company_name: New Mountain Guardian III BDC, L.L.C.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.02, 2.01, 3.03, 5.01, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-051942
- JSON: https://secwatch.observer/filing/0001628280-24-051942.json
- Plain text: https://secwatch.observer/filing/0001628280-24-051942.txt

## Key facts
- M&A Transactions
  New Mountain Guardian III BDC, L.L.C. underwent a change of control involving NEWCRED for $7.27 per unit (closed 2024-12-17).
  - Action: change of control
  - Counterparty: NEWCRED
  - Consideration: $7.27 per unit
  - Closing: 2024-12-17
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1781870/000162828024051942/0001628280-24-051942-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.