Audax Private Credit Fund Reports Unregistered Equity Sale

TL;DR

Audax Private Credit Fund sold unregistered equity. Details TBD.

AI Summary

On September 24, 2025, Audax Private Credit Fund, LLC reported an unregistered sale of equity securities. The filing does not disclose specific details regarding the nature of the securities, the number of shares sold, or the dollar amount involved in this transaction.

Why It Matters

This filing indicates a private transaction involving equity securities by Audax Private Credit Fund, LLC, which may have implications for its capital structure and investor base.

Risk Assessment

Risk Level: medium — The filing concerns an unregistered sale of equity securities, which can sometimes indicate less transparency or specific strategic maneuvers by the company.

Key Players & Entities

• Audax Private Credit Fund, LLC (company) — Registrant
• September 24, 2025 (date) — Date of earliest event reported
• September 26, 2025 (date) — Date of report
• 320 Park Avenue New York, New York 10022 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $25.360 — e purchase price per share was equal to $25.360. The following table details the Shares
• $402.7 m — 31, 2025, the Fund's aggregate NAV was $402.7 million, the fair value of its investment
• $707.8 million — r value of its investment portfolio was $707.8 million and it had principal debt outstanding o
• $337.4 m — nd it had principal debt outstanding of $337.4 million, resulting in a debt-to-equity ra

Filing Documents

• ck0002033362-20250924.htm (8-K) — 64KB
• 0001193125-25-220404.txt ( ) — 164KB
• ck0002033362-20250924.xsd (EX-101.SCH) — 27KB
• ck0002033362-20250924_htm.xml (XML) — 4KB

02. Unregistered Sales of Equity Securities

Item 3.02. Unregistered Sales of Equity Securities. On September 1, 2025, Audax Private Credit Fund, LLC (the " Fund ") sold limited liability company interest (the " Shares "). The purchase price per share and number of Shares issued was finalized on September 24, 2025. The purchase price per share was equal to $25.360. The following table details the Shares sold: Date of Issuance Common Shares Issued Total Consideration (in millions) September 1, 2025 768,927.445 $ 19.5 The sale of Shares was made pursuant to subscription agreements entered into by the Fund and its investors. The issuance of the Shares 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 or Regulation S thereunder, as applicable. The Fund relied upon representations from the shareholders in the subscription agreements that each shareholder was either (i) an accredited investor as defined in Regulation D under the Securities Act or (ii) not a "U.S. person" as defined in Regulation S under the Securities Act.

01. Other Events

Item 8.01. Other Events. Net Asset Value The net asset value (" NAV ") per share as of August 31, 2025, as determined in accordance with the Fund's valuation policy, is set forth below. NAV per share as of August 31, 2025 Common Shares $ 25.360 As of August 31, 2025, the Fund's aggregate NAV was $402.7 million, the fair value of its investment portfolio was $707.8 million and it had principal debt outstanding of $337.4 million, resulting in a debt-to-equity ratio of approximately 0.84x. 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. Audax Private Credit Fund, LLC Date: September 26, 2025 By: /s/ Grant Bokerman Name: Grant Bokerman Title: Secretary

View Full Filing

View this 8-K filing on SEC EDGAR