Blue Owl Capital Files 8-K on Equity Sale
Ticker: OWL · Form: 8-K · Filed: Jul 2, 2024 · CIK: 1823945
Sentiment: neutral
Topics: equity-sale, filing-update, corporate-action
Related Tickers: OWL
TL;DR
OWL filed an 8-K for unregistered equity sale on 7/1/24.
AI Summary
On July 1, 2024, Blue Owl Capital Inc. filed an 8-K report detailing an unregistered sale of equity securities. The filing also includes a Regulation FD disclosure and other events, alongside financial statements and exhibits. This report follows the company's previous name change from Altimar Acquisition Corp. on September 9, 2020.
Why It Matters
This filing indicates potential changes in Blue Owl Capital's equity structure, which could impact its financial standing and investor relations.
Risk Assessment
Risk Level: medium — Unregistered sales of equity securities can sometimes indicate financial distress or a need for capital, warranting closer scrutiny.
Key Players & Entities
- BLUE OWL CAPITAL INC. (company) — Registrant
- Altimar Acquisition Corp. (company) — Former Company Name
- 0001193125-24-173836 (document_id) — Accession Number
- 20240702 (date) — Filing Date
- July 1, 2024 (date) — Earliest Event Reported Date
FAQ
What type of equity securities were sold in the unregistered sale?
The filing does not specify the type of equity securities sold in the unregistered sale.
What was the purpose of the unregistered sale of equity securities?
The filing does not disclose the specific purpose behind the unregistered sale of equity securities.
Are there any financial implications mentioned regarding this unregistered equity sale?
The filing does not detail specific financial implications arising from the unregistered equity sale.
When did Blue Owl Capital Inc. change its name from Altimar Acquisition Corp.?
Blue Owl Capital Inc. changed its name from Altimar Acquisition Corp. on September 9, 2020.
What is the primary business of Blue Owl Capital Inc. according to the filing?
According to the filing, Blue Owl Capital Inc.'s Standard Industrial Classification is 'INVESTMENT ADVICE [6282]'.
Filing Stats: 1,057 words · 4 min read · ~4 pages · Grade level 12.6 · Accepted 2024-07-02 07:07:00
Key Financial Figures
- $0.0001 — mpany's Class A common stock, par value $0.0001 per share (the "Class A Shares"), repre
- $425 million — s"), representing an aggregate value of $425 million and calculated based on the daily volum
Filing Documents
- d811026d8k.htm (8-K) — 29KB
- d811026dex41.htm (EX-4.1) — 163KB
- d811026dex991.htm (EX-99.1) — 7KB
- 0001193125-24-173836.txt ( ) — 358KB
- owl-20240701.xsd (EX-101.SCH) — 3KB
- owl-20240701_lab.xml (EX-101.LAB) — 17KB
- owl-20240701_pre.xml (EX-101.PRE) — 11KB
- d811026d8k_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 risk of the Acquisition not closing on a timely basis, if at all; 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. Item9.01
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: July 2, 2024 By: /s/ Neena Reddy Name: Neena Reddy Title: General Counsel and Secretary