Blue Owl Capital Reports Unregistered Equity Sale
Ticker: OWL · Form: 8-K · Filed: Jul 16, 2024 · CIK: 1823945
Sentiment: neutral
Topics: unregistered-sale, equity-securities
TL;DR
Blue Owl sold some equity privately on 7/12. Details scarce.
AI Summary
On July 12, 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 purchasers involved in this transaction.
Why It Matters
This filing indicates a private transaction involving Blue Owl's equity, which could have implications for its capital structure or ownership, though details are limited.
Risk Assessment
Risk Level: medium — Unregistered sales can sometimes indicate a need for capital or a change in ownership structure, but the lack of detail in this filing makes it difficult to assess the full implications.
Key Players & Entities
- BLUE OWL CAPITAL INC. (company) — Registrant
- July 12, 2024 (date) — Date of earliest event reported
- 399 Park Avenue, New York, NY 10022 (location) — Principal executive offices address
FAQ
What type of equity securities were sold in this unregistered offering?
The filing does not specify the type of equity securities involved in the unregistered sale.
How many equity securities did Blue Owl Capital Inc. sell?
The filing does not disclose the number of equity securities sold.
What was the price or valuation of the unregistered equity securities sold?
The filing does not provide information on the price or valuation of the securities.
Who were the purchasers of these unregistered equity securities?
The filing does not identify the purchasers of the unregistered equity securities.
What is the purpose of this unregistered sale of equity securities?
The filing does not state the specific purpose or reason for the unregistered sale of equity securities.
Filing Stats: 918 words · 4 min read · ~3 pages · Grade level 16 · Accepted 2024-07-16 07:01:31
Key Financial Figures
- $0.0001 — ares of Class C common stock, par value $0.0001 per share ("Class C Shares") of the Com
- $350 m — ing an aggregate value of approximately $350 million, and cash of approximately $100 m
- $100 m — $350 million, and cash of approximately $100 million, subject to certain closing consi
Filing Documents
- d871186d8k.htm (8-K) — 25KB
- 0001193125-24-179333.txt ( ) — 141KB
- owl-20240712.xsd (EX-101.SCH) — 3KB
- owl-20240712_lab.xml (EX-101.LAB) — 17KB
- owl-20240712_pre.xml (EX-101.PRE) — 11KB
- d871186d8k_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.
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 16, 2024 By: /s/ Neena Reddy Name: Neena Reddy Title: General Counsel and Secretary