KKR FS Income Trust Select 8-K

What Happened
KKR FS Income Trust Select announced that on January 2, 2026 it issued and sold 1,761,309.010 Class I Shares for aggregate consideration of approximately $45.054 million (the final share count was determined January 21, 2026) in connection with its continuous private offering. The Company relied on exemptions from registration under Section 4(a)(2) of the Securities Act and/or Regulation D, with participating investors representing they are accredited investors. The Company also reported a net asset value (NAV) per Class I share of $25.58 as of December 31, 2025, and aggregate NAV of about $943.6 million.

Key Details

• Issuance date: January 2, 2026 (final share count set January 21, 2026).
• Shares sold in this tranche: 1,761,309.010 Class I Shares for ~ $45.054 million.
• NAV (Class I): $25.58 per share as of December 31, 2025; aggregate NAV ≈ $943.6 million.
• Private Offering status: company is conducting a continuous private offering for up to $5.0 billion; to date it has issued 37,431,292.730 Class I Shares for total consideration ≈ $952.647 million (does not include any shares from a distribution reinvestment plan). The Company intends to continue monthly sales.

Why It Matters
This filing shows the company is actively raising capital through its ongoing private offering, which increases outstanding shares and brings in cash for operations or investments. The reported NAV gives investors a recent valuation benchmark ($25.58 per Class I share and ~$943.6M aggregate) to compare against purchase prices and track fund size. Relying on private offering exemptions means these sales were made to accredited investors and were not registered under the Securities Act.