Blue Owl Tech Income Corp. Files 8-K on Equity Sales

TL;DR

BOTIC filed an 8-K for unregistered equity sales - keep an eye on dilution.

AI Summary

Blue Owl Technology Income Corp. filed an 8-K on October 24, 2025, reporting unregistered sales of equity securities and other events as of October 23, 2025. The filing details the company's operations and corporate information, including its former name, Owl Rock Technology Income Corp., which changed on June 24, 2021.

Why It Matters

This filing indicates potential new equity issuance by Blue Owl Technology Income Corp., which could impact its capital structure and shareholder dilution.

Risk Assessment

Risk Level: medium — Unregistered sales of equity securities can sometimes signal financial distress or dilutive capital raises, requiring further investigation.

Key Players & Entities

• Blue Owl Technology Income Corp. (company) — Registrant
• Owl Rock Technology Income Corp. (company) — Former Name
• 20210624 (date) — Date of Name Change
• 20251023 (date) — Date of Earliest Event Reported
• 20251024 (date) — Filing Date

FAQ

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 — 880,472,258 *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
• $10.42 — Net Asset Value (per share) Class S $10.42 Class D $10.42 Class I $10.42 The a
• $2.6 billion — the Company's committed debt capacity, $2.6 billion (96.1%) is in floating rate leverage ba
• $5.8 billion — ompanies with an aggregate par value of $5.8 billion. As of September 30, 2025, based on par

Filing Documents

• otic-20251023.htm (8-K) — 123KB
• 0001869453-25-000058.txt ( ) — 237KB
• otic-20251023.xsd (EX-101.SCH) — 2KB
• otic-20251023_lab.xml (EX-101.LAB) — 20KB
• otic-20251023_pre.xml (EX-101.PRE) — 12KB
• otic-20251023_htm.xml (XML) — 2KB

02. Unregistered Sale of Equity Securities

Item 3.02. Unregistered Sale of Equity Securities As of October 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 October 1, 2025 (number of shares finalized on October 23, 2025) 4,214,663 $ 43,916,794

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 November 30, 2025 to shareholders of record as of October 31, 2025. 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. 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 91,398,621 $ 944,875,361 Class D Shares 3,360,253 34,329,508 Class I Shares 41,160,948 422,632,725 Private Offering Class I Shares 242,329,261 2,478,634,664 Total Offering and Private Offering* 378,249,083 $ 3,880,472,258 *Includes seed capital of $1,000 contributed by Blue Owl Technology Credit Advisors LLC, an affiliate of Blue Owl Technology Credit Advisors II LLC (the " Adviser "), in September 2021 and approximately $50.0 million in gross proceeds raised from entities affiliated with the Adviser . October 1, 2025 Public Offering Price In accordance with the Company's share pricing policy, we intend to sell our shares on the first business day of each month at a net offering price that we believe refle

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View this 8-K filing on SEC EDGAR