Kayne DL 2021, Inc. Reports Unregistered Equity Sales
| Field | Detail |
|---|---|
| Company | Kayne Dl 2021, Inc. |
| Form Type | 8-K |
| Filed Date | Aug 14, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $25.0 million, $353.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-securities, equity-sale, 8-k
TL;DR
Kayne DL 2021, Inc. sold unregistered equity on 8/13.
AI Summary
Kayne DL 2021, Inc. filed an 8-K on August 14, 2025, reporting unregistered sales of equity securities that occurred on August 13, 2025. The filing details the company's corporate information, including its Delaware incorporation and Houston, Texas address.
Why It Matters
This filing indicates potential new equity issuance by Kayne DL 2021, Inc., which could impact its capital structure and shareholder dilution.
Risk Assessment
Risk Level: medium — Unregistered sales of equity can sometimes indicate a need for capital or may involve complex transactions with less public disclosure.
Key Numbers
- 814-01393 — SEC File Number (Identifies the specific SEC filing series for the company.)
- 86-2440860 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Kayne DL 2021, Inc. (company) — Registrant
- August 13, 2025 (date) — Date of earliest event reported
- August 14, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Houston, TX (location) — Principal executive offices
FAQ
What type of equity securities were sold?
The filing states 'Unregistered Sales of Equity Securities' but does not specify the exact type of securities in the provided text.
Were these sales to accredited investors?
The filing mentions 'Unregistered Sales of Equity Securities,' which often implies sales to accredited investors or under specific exemptions, but the details are not in the provided text.
What was the purpose of these unregistered equity sales?
The provided text does not specify the purpose of the unregistered equity sales.
What is the total number of shares sold in these unregistered offerings?
The filing mentions 'Unregistered Sales of Equity Securities' but does not provide a specific number of shares in the text.
Are there any ongoing legal or regulatory issues related to these unregistered sales?
The filing does not mention any ongoing legal or regulatory issues related to these unregistered sales in the provided text.
Filing Stats: 554 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2025-08-14 16:03:10
Key Financial Figures
- $25.0 million — for a total aggregate offering price of $25.0 million. The Company has entered into subscript
- $353.5 million — for an aggregate capital commitment of $353.5 million to purchase shares of common stock. No
Filing Documents
- ea0253159-8k_kayne.htm (8-K) — 24KB
- 0001213900-25-076605.txt ( ) — 181KB
- cik0001850787-20250813.xsd (EX-101.SCH) — 3KB
- cik0001850787-20250813_lab.xml (EX-101.LAB) — 33KB
- cik0001850787-20250813_pre.xml (EX-101.PRE) — 22KB
- ea0253159-8k_kayne_htm.xml (XML) — 3KB
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities. On August 13, 2025, Kayne DL 2021, Inc. (the "Company") sold 4,754 shares of its common stock ("Common Stock") for a total aggregate offering price of $25.0 million. The Company has entered into subscription agreements with investors for an aggregate capital commitment of $353.5 million to purchase shares of common stock. No underwriting discounts or commissions have been or will be paid in connection with the sale of such shares of Common Stock. The sale of Common Stock is being made pursuant to subscription agreements entered into by the Company and its stockholders. Under the terms of the subscription agreements, stockholders are required to fund drawdowns to purchase shares of Common Stock up to the amount of their respective capital commitments on an as-needed basis with a minimum of ten business days' prior notice to stockholders. This issuance of the Common Stock is exempt from the registration requirements of the Securities Act of 1933, as amended, (the "Securities Act") pursuant to Section 4(a)(2) thereof and Regulation D thereunder. The Company relied, in part, upon representations from the stockholders in the subscription agreements that each stockholder was an accredited investor as defined in Regulation D under the Securities Act. 1 SIGNATURE 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. KAYNE DL 2021, INC. Date: August 14, 2025 By: /s/ Terry A. Hart Name: Terry A. Hart Title: Chief Financial Officer and Treasurer 2