Blue Owl Capital Reports Unregistered Equity Sale
Ticker: OWL · Form: 8-K · Filed: Apr 9, 2024 · CIK: 1823945
Sentiment: neutral
Topics: unregistered-sale, equity
Related Tickers: OWL
TL;DR
Blue Owl Capital sold unregistered equity, details TBD.
AI Summary
On April 5, 2024, Blue Owl Capital Inc. reported an unregistered sale of equity securities. The filing does not disclose specific details regarding the number of securities sold, the price, or the parties involved in the transaction.
Why It Matters
This filing indicates a transaction involving Blue Owl Capital's equity that was not registered with the SEC, which could have implications for investors regarding transparency and regulatory compliance.
Risk Assessment
Risk Level: medium — Unregistered sales can sometimes indicate less transparency or potential regulatory scrutiny compared to registered offerings.
Key Players & Entities
- BLUE OWL CAPITAL INC. (company) — Registrant
- April 5, 2024 (date) — Date of earliest event reported
- 001-39653 (company) — SEC File Number
- 86-3906032 (company) — I.R.S. Employer Identification No.
FAQ
What type of equity securities were sold?
The filing does not specify the type of equity securities sold.
How many equity securities were sold?
The filing does not disclose the number of equity securities sold.
What was the price or valuation of the unregistered equity sale?
The filing does not provide information on the price or valuation of the unregistered equity sale.
Who was the counterparty in this unregistered equity sale?
The filing does not identify the buyer or counterparty in this unregistered equity sale.
Why was this sale conducted as an unregistered offering?
The filing does not explain the rationale for conducting the sale as an unregistered offering.
Filing Stats: 922 words · 4 min read · ~3 pages · Grade level 14 · Accepted 2024-04-09 07:01:03
Key Financial Figures
- $0.0001 — ares of Class A common stock, par value $0.0001 per share ("Class A Shares"), calculate
- $125.5 m — ing an aggregate value of approximately $125.5 million, 1,749,482 shares of Class C comm
- $31.1 m — ing an aggregate value of approximately $31.1 million, and cash of approximately $13.4
- $13.4 m — 31.1 million, and cash of approximately $13.4 million, subject to certain closing consi
- $26.3 million — aggregate value of up to approximately $26.3 million and earnout consideration in the form o
- $8.7 m — aggregate value of up to approximately $8.7 million, representing a maximum total val
- $35.0 million — esenting a maximum total value of up to $35.0 million. The Acquisition is expected to close i
Filing Documents
- d787518d8k.htm (8-K) — 25KB
- 0001193125-24-090114.txt ( ) — 141KB
- owl-20240405.xsd (EX-101.SCH) — 3KB
- owl-20240405_lab.xml (EX-101.LAB) — 17KB
- owl-20240405_pre.xml (EX-101.PRE) — 11KB
- d787518d8k_htm.xml (XML) — 3KB
Forward-Looking Statements
Forward-Looking Statements Certain statements made in this Current Report on Form 8-K are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. The Company assumes no obligation to update or revise any such forward-looking statements except as required by law. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of the Company's shares on the New York Stock Exchange; Company's ability to manage growth; Company's ability to execute its business plan and meet its projections; potential litigation involving the Company; changes in applicable laws or regulations; and the possibility that the Company may be adversely affected by other economic, business, geo-political and competitive factors.
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. BLUE OWL CAPITAL INC. Date: April 9, 2024 By: /s/ Neena Reddy Name: Neena Reddy Title: General Counsel and Secretary