Saratoga Investment Corp. Enters Material Definitive Agreement
Ticker: SAV · Form: 8-K · Filed: Jun 17, 2024 · CIK: 1377936
| Field | Detail |
|---|---|
| Company | Saratoga Investment Corp. (SAV) |
| Form Type | 8-K |
| Filed Date | Jun 17, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $50.0 million, $75.0 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Saratoga Investment Corp. just signed a big financial deal, filing an 8-K.
AI Summary
On June 14, 2024, Saratoga Investment Corp. entered into a material definitive agreement related to its financial obligations. This filing specifically details the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
Why It Matters
This filing indicates a significant financial commitment or arrangement by Saratoga Investment Corp., which could impact its future financial performance and obligations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial risks or obligations that warrant careful consideration.
Key Players & Entities
- Saratoga Investment Corp. (company) — Registrant
- June 14, 2024 (date) — Date of earliest event reported
FAQ
What specific type of material definitive agreement did Saratoga Investment Corp. enter into?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this summary.
What is the significance of an 8-K filing for Saratoga Investment Corp. on June 14, 2024?
An 8-K filing signifies a material event that shareholders should be aware of, in this case, the entry into a material definitive agreement.
Does this filing reveal any new debt or financial commitments for Saratoga Investment Corp.?
The filing mentions the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, suggesting potential new financial commitments.
What was Saratoga Investment Corp.'s previous name?
Saratoga Investment Corp. was formerly known as GSC Investment Corp. and GSC Investment LLC.
Where is Saratoga Investment Corp. headquartered?
Saratoga Investment Corp. is headquartered at 535 Madison Avenue, New York, NY 10022.
Filing Stats: 759 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-06-17 16:23:05
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share SAR New York Stock Exchan
- $50.0 million — the Live Oak Credit Facility from up to $50.0 million to up to $75.0 million, subject to a bo
- $75.0 m — ility from up to $50.0 million to up to $75.0 million, subject to a borrowing base requ
Filing Documents
- ea0207948-8k_saratoga.htm (8-K) — 52KB
- ea020794801ex10-1_saratoga.htm (EX-10.1) — 2130KB
- ex10-1_001.jpg (GRAPHIC) — 1KB
- ex10-1_002.jpg (GRAPHIC) — 3KB
- 0001213900-24-053343.txt ( ) — 2880KB
- sar-20240614.xsd (EX-101.SCH) — 4KB
- sar-20240614_def.xml (EX-101.DEF) — 27KB
- sar-20240614_lab.xml (EX-101.LAB) — 37KB
- sar-20240614_pre.xml (EX-101.PRE) — 26KB
- ea0207948-8k_saratoga_htm.xml (XML) — 8KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SARATOGA INVESTMENT CORP. Date: June 17, 2024 By: /s/ Henri J. Steenkamp Name: Henri J. Steenkamp Title: Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary 2