LGAM Private Credit LLC Files 8-K on Equity Sales
| Field | Detail |
|---|---|
| Company | Lgam Private Credit LLC |
| Form Type | 8-K |
| Filed Date | Aug 25, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $4.8 m, $20.06, $0.1379, $367.8 m, $17.5 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-securities, regulation-fd, disclosure
TL;DR
LGAM Private Credit LLC filed an 8-K on Aug 21, 2025, for unregistered equity sales & Reg FD.
AI Summary
LGAM Private Credit LLC filed an 8-K on August 25, 2025, reporting on unregistered sales of equity securities and Regulation FD disclosures. The filing date for the report is August 21, 2025. The company is incorporated in Delaware and its principal executive offices are located at 1585 Broadway, New York, NY.
Why It Matters
This filing provides transparency regarding LGAM Private Credit LLC's equity transactions and regulatory disclosures, which is important for investors and market participants to understand the company's activities.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of unregistered equity sales and Regulation FD information, with no immediate indication of significant financial distress or major corporate events.
Key Numbers
- 814-01674 — SEC File Number (Identifies the specific filing with the SEC)
- 93-4633111 — IRS Employer Identification Number (Tax identification number for the company)
Key Players & Entities
- LGAM Private Credit LLC (company) — Registrant
- August 21, 2025 (date) — Date of earliest event reported
- August 25, 2025 (date) — Filing date
- 1585 Broadway, New York, NY 10036 (location) — Principal executive offices
FAQ
What specific type of equity securities were sold?
The filing indicates 'Unregistered Sales of Equity Securities' but does not specify the type of securities in the provided text.
What is the nature of the Regulation FD disclosure?
The filing states 'Regulation FD Disclosure' as an item information, but the specific details of the disclosure are not included in the provided text.
What is the significance of the 'ACCESSion NUMBER: 0001983514-25-000060'?
This is a unique identifier assigned by the SEC to this specific filing.
When was LGAM Private Credit LLC incorporated?
LGAM Private Credit LLC was incorporated in Delaware.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 954 words · 4 min read · ~3 pages · Grade level 10.2 · Accepted 2025-08-25 16:08:39
Key Financial Figures
- $4.8 m — gregate offering price of approximately $4.8 million, reflecting a purchase price of $
- $20.06 — million, reflecting a purchase price of $20.06 per unit (with the final number of Unit
- $0.1379 — unitholders of record in the amount of $0.1379 per unit. The distribution will be paya
- $367.8 m — an aggregate par value of approximately $367.8 million, which consisted of approximately
- $17.5 m — investment commitments of approximately $17.5 million, approximately 100.0% of which we
- $177.8 million — value is estimated to be approximately $177.8 million. As of July 31, 2025, the Company had a
- $130.6 million — 31, 2025, the Company had approximately $130.6 million of debt outstanding (at principal). Fin
Filing Documents
- lgam-20250821.htm (8-K) — 57KB
- 0001983514-25-000060.txt ( ) — 171KB
- lgam-20250821.xsd (EX-101.SCH) — 2KB
- lgam-20250821_lab.xml (EX-101.LAB) — 21KB
- lgam-20250821_pre.xml (EX-101.PRE) — 12KB
- lgam-20250821_htm.xml (XML) — 3KB
02. Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities. As of August 1, 2025, LGAM Private Credit LLC ("we", the "Company" or the "Fund"), sold approximately 237,133 of the Company's Common Units (the "Units") for an aggregate offering price of approximately $4.8 million, reflecting a purchase price of $20.06 per unit (with the final number of Units being determined on August 21, 2025). The sale of Units was made pursuant to subscription agreements entered into by the Company and its unitholders. The issuance of the Units is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Regulation S under the Securities Act and other exemptions from the registration requirements of the Securities Act. The Company relied, in part, upon representations from the unitholders in the subscription agreements that each unitholder was not in the United States (as defined in Rule 902(l) under Regulation S under the Securities Act) and was not, and was not acting for the account or benefit of, U.S. Persons (as defined in Rule 902(k) under Regulation S under the Securities Act).
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On August 25, 2025, the Company disclosed the below information. Distribution: On August 21, 2025, the Fund declared a regular distribution to unitholders of record in the amount of $0.1379 per unit. The distribution will be payable on or around September 3, 2025 to unitholders of record as of August 31, 2025. Company's Portfolio: As of July 31, 2025, the Company had investments in 109 portfolio companies across 30 industries with an aggregate par value of approximately $367.8 million, which consisted of approximately 99.1% first lien debt investments, 0.4% second lien debt investments, and 0.5% other investments based on par value or in the case of equity investments, cost. As of July 31, 2025, approximately 99.8% of the debt investments, based on par value, in the Company's portfolio were at floating rates. During the period from July 1, 2025 through July 31, 2025, the Company had new investment commitments of approximately $17.5 million, approximately 100.0% of which were first lien debt investments. As of July 31, 2025, approximately 3.0%, based on par value (including cash), were in broadly syndicated loans, which the Company primarily uses for cash management purposes. The table below describes investments by industry composition based on par value as of July 31, 2025: Industry % of Total Software 19.0 % Professional Services 10.1 IT Services 8.5 Commercial Services & Supplies 8.3 Insurance Services 7.8 Health Care Providers & Services 6.3 Diversified Consumer Services 5.5 Financial Services 5.0 Automobiles 3.3 Multi-Utilities 2.8 Other 23.4 Total 100.0 % The table below shows the Company's ten largest portfolio company investments based on par value as of July 31, 2025: Issuer % of Total Bullhorn, Inc. 2.0 % DCA Investment Holdings, LLC 2.0 MRI Software, LLC 1.9 Diligent Corporation 1.9 GS AcquisitionCo, Inc. 1.9 Everbridge Holdings, LLC 1.9 iCIMS, Inc. 1.6 Essential Services Holding Corpo