Blue Owl Technology Income Corp. Files 8-K
| Field | Detail |
|---|---|
| Company | Blue Owl Technology Income Corp. |
| Form Type | 8-K |
| Filed Date | Aug 25, 2025 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $5.0 billion, $1,000, $50.0 million, $10.37, $2.7 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, equity-securities, corporate-events
TL;DR
BOTIC filed an 8-K on unregistered equity sales and other events from Aug 22.
AI Summary
Blue Owl Technology Income Corp. filed an 8-K on August 25, 2025, reporting on unregistered sales of equity securities and other events that occurred on August 22, 2025. The filing also notes a former company name, Owl Rock Technology Income Corp., with a name change date of June 24, 2021.
Why It Matters
This filing indicates potential equity transactions and other corporate events for Blue Owl Technology Income Corp., which could impact its financial structure and operations.
Risk Assessment
Risk Level: low — The filing is a standard corporate disclosure and does not immediately indicate significant financial distress or unusual risk.
Key Players & Entities
- Blue Owl Technology Income Corp. (company) — Registrant
- Owl Rock Technology Income Corp. (company) — Former company name
- August 22, 2025 (date) — Date of earliest event reported
- August 25, 2025 (date) — Date of report
- 399 Park Avenue (address) — Principal executive offices
FAQ
What specific type of unregistered sales of equity securities are being reported?
The filing indicates 'Unregistered Sales of Equity Securities' as an item of disclosure but does not provide specific details within the provided text.
What are the 'Other Events' being reported by Blue Owl Technology Income Corp.?
The filing lists 'Other Events' as a category of disclosure but does not specify the nature of these events in the provided text.
When did Blue Owl Technology Income Corp. change its name from Owl Rock Technology Income Corp.?
The name change from Owl Rock Technology Income Corp. to Blue Owl Technology Income Corp. occurred on June 24, 2021.
What is the principal executive office address for Blue Owl Technology Income Corp.?
The principal executive offices are located at 399 Park Avenue, New York, NY 10022.
What is the SEC file number for Blue Owl Technology Income Corp.?
The SEC file number for Blue Owl Technology Income Corp. is 814-01445.
Filing Stats: 1,726 words · 7 min read · ~6 pages · Grade level 9.5 · Accepted 2025-08-25 16:04:51
Key Financial Figures
- $5.0 billion — ly offering on a continuous basis up to $5.0 billion (the " Current Offering ") in shares of
- $1,000 — 744,035,572 *Includes seed capital of $1,000 contributed by Blue Owl Technology Cred
- $50.0 million — "), in September 2021 and approximately $50.0 million in gross proceeds raised from entities
- $10.37 — Net Asset Value (per share) Class S $10.37 Class D $10.37 Class I $10.37 The a
- $2.7 billion — the Company's committed debt capacity, $2.7 billion (96.2%) is in floating rate leverage ba
- $5.6 billion — ompanies with an aggregate par value of $5.6 billion. As of July 31, 2025, based on par valu
Filing Documents
- otic-20250822.htm (8-K) — 132KB
- 0001869453-25-000044.txt ( ) — 246KB
- otic-20250822.xsd (EX-101.SCH) — 2KB
- otic-20250822_lab.xml (EX-101.LAB) — 20KB
- otic-20250822_pre.xml (EX-101.PRE) — 12KB
- otic-20250822_htm.xml (XML) — 2KB
02. Unregistered Sale of Equity Securities
Item 3.02. Unregistered Sale of Equity Securities As of August 1, 2025, Blue Owl Technology Income Corp. (the " Company ," " we " or " us ") sold unregistered shares of its Class I common stock to feeder vehicles primarily created to hold the Company's Class I shares. The offer and sale of these Class I shares was exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) and/or Regulation S thereunder (the " Private Offering "). The following table details the shares sold: Date of Unregistered Sale Approximate Number of Shares of Class I Common Stock Consideration As of August 1, 2025 (number of shares finalized on August 22, 2025) 3,726,765 $ 38,646,548
01. Other Events
Item 8.01. Other Events. Distribution On August 5, 2025, the Company's board of directors declared the following monthly distribution payable on or before September 30, 2025, October 31, 2025 and November 30, 2025 to shareholders of record as of August 29, 2025, September 30, 2025 and October 31, 2025, respectively. Class of Common Shares Gross Distributions Shareholder Servicing Fee (1) Net Distributions (1) Class S $ 0.074775 $ 0.007486 $ 0.067289 Class D $ 0.074775 $ 0.002202 $ 0.072573 Class I $ 0.074775 $ 0.000000 $ 0.074775 (1) Based on July 31, 2025 net asset value. On August 5, 2025, the Company's board of directors declared the following special distributions payable on or before October 31, 2025 to shareholders of record as of September 30, 2025: Class of Common Shares Gross Distributions Shareholder Servicing Fee Net Distributions Class S $ 0.010000 $ 0.000000 $ 0.010000 Class D $ 0.010000 $ 0.000000 $ 0.010000 Class I $ 0.010000 $ 0.000000 $ 0.010000 Status of the Offering The Company is currently publicly offering on a continuous basis up to $5.0 billion (the " Current Offering ") in shares of Class S, Class D and Class I common stock (the " Shares ") and previously offered on a continuous basis up to $5.0 billion in Shares (the " Initial Offering " and together with the Current Offering, the " Offering "). Additionally, the Company has sold unregistered Shares as part of the Private Offering. The following table lists the Shares issued and total consideration for both the Offering and the Private Offering as of the date of this filing. The table below does not include Shares issued through the Company's distribution reinvestment plan. Offering Common Shares Issued Total Consideration Class S Shares 88,363,358 $ 913,150,940 Class D Shares 3,352,096 34,244,508 Class I Shares 39,553,479 405,918,725 Private Offering Class I Shares 233,871,929 2,390,721,399 Total Offering and Private Offering* 365,140,862 $ 3,744,