Amwal Investments LLC 4
4 · 26North BDC, Inc. · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
26North BDC Amwal Investments (10% Owner) Buys Stock $12.5M
What Happened
Amwal Investments LLC (a reported 10% owner) acquired 504,072.91 shares of 26North BDC, Inc. at $24.80 per share on June 24, 2026, for a total capital contribution of about $12,501,008. The shares were issued to Amwal pursuant to a capital call by the company (a private issuance), so this was a purchase/capital contribution rather than an open-market buy.
Key Details
- Transaction date and price: June 24, 2026 — 504,072.91 shares at $24.80 each (total ~$12,501,008).
- Transaction code: P (Purchase).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: (F1) Issuer issued the shares to satisfy Amwal’s $12.5M capital call obligation; (F2) Amwal is wholly owned by Abu Dhabi Investment Council Company P.J.S.C. (ADIC); ADIC may be deemed to beneficially own these shares, though the reporting persons disclaim ownership beyond their pecuniary interest.
- Filing timing: Report filed June 26, 2026 for a June 24 transaction — appears timely (filed within the usual 2-business-day window).
Context
This is an institutional investor fulfilling a pre-existing capital commitment (capital call), not an executive stock trade. Such purchases reflect committed capital being funded rather than a market-timed buy; for retail investors, institutional capital contributions can be informative but do not necessarily signal management-level sentiment.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-06-24$24.80/sh+504,072.91$12,501,008→ 3,987,098.75 total
Footnotes (2)
- [F1]On June 24, 2026, 26North BDC, Inc., a Maryland corporation (the "Issuer"), issued a capital call notice to certain investors that have committed to purchase shares of common stock of the Issuer ("Common Stock"). Pursuant to such capital call notice, Amwal Investments LLC ("Amwal") was obligated to make a capital contribution of $12,500,000 on June 24, 2026, and the Issuer issued 504,072.91 shares of Common Stock to Amwal on such date.
- [F2]These shares are held directly by Amwal, which is a wholly owned subsidiary of Abu Dhabi Investment Council Company P.J.S.C. ("ADIC"). Because of the relationship among Amwal and ADIC (collectively, the "Reporting Persons"), each of the Reporting Persons may be deemed to be the beneficial owner of these shares held directly by Amwal. Each of the Reporting Persons disclaims beneficial ownership of these shares in excess of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.