Andalusian Credit Company, LLC 8-K

What Happened

• Andalusian Credit Company, LLC filed an 8-K on December 29, 2025 reporting that on December 22, 2025 it issued and sold 1,319,217 shares of its limited liability company interests for an aggregate net offering price of $20,315,939. The sales were made under subscription agreements as part of a capital drawdown notice to investors.
• On the same filing the Board of Managers declared a special cash distribution of $0.18 per share (from taxable earnings), payable January 26, 2026 to holders of record as of December 31, 2025.

Key Details

• Shares issued: 1,319,217 limited liability company interest shares (par value $0.001).
• Proceeds: Aggregate net offering price of $20,315,939 received from investors.
• Sale terms: Issued pursuant to investor subscription agreements tied to capital drawdowns; sales exempt from registration under Section 4(a)(2) and Regulation D. Investors represented they are “accredited investors.”
• Distribution: $0.18 per share special cash distribution; record date Dec 31, 2025; payment date Jan 26, 2026.

Why It Matters

• Capital raised: The share issuance increases the company’s member interests and provided about $20.3 million of net capital from existing investors under drawdown commitments. That capital can be used for operations or investments as the managers direct.
• Cash return: The declared $0.18 per share special distribution returns cash to holders shortly after year-end, specifying who will receive the payment (holders of record Dec 31, 2025).
• Regulatory note: The offering relied on private-placement exemptions (Regulation D/Section 4(a)(2)) and accredited-investor representations, meaning the shares were not registered for public sale.