8-KFiled Aug 6, 8:00 PM ET

Capital Southwest Adds RBC to $2.0B ATM Equity Distribution Program

$CSWC · CAPITAL SOUTHWEST CORP

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Capital Southwest Adds RBC to $2.0B ATM Equity Distribution Program

What Happened
Capital Southwest Corporation filed a Form 8-K on August 7, 2026 announcing it entered into an equity distribution agreement with RBC Capital Markets, LLC to serve as an additional sales agent under the company's existing at‑the‑market (ATM) program. The ATM Program allows the company to issue and sell up to $2.0 billion of common stock through sales agents; as of August 7, 2026, about $1.1 billion remained available for issuance.

Key Details

  • The RBC agreement was signed on August 7, 2026 and is substantially the same as the company’s other equity distribution agreements with Jefferies, Raymond James, Citizens JMP, and B. Riley.
  • The ATM Program was originally established on March 4, 2019 and is conducted under the company’s shelf registration on Form N-2 (File No. 333-282873).
  • The equity distribution agreements and the ATM offering are documented in the company’s prospectus and a series of supplements (most recently Supplement No. 7 dated August 7, 2026).
  • The RBC agreement is filed as Exhibit 10.1 to the 8-K.

Why It Matters
Adding RBC expands the group of sales agents that can sell Capital Southwest shares into the market, potentially making it easier and faster for the company to raise equity capital under its ATM program when management chooses to issue shares. For investors, this affects potential future dilution and the company’s flexibility to source funding; however, no shares were announced as sold in this filing.