8-KAccepted Apr 3, 6:13 AM ET
Stone Point Credit Corp Issues Common Stock Under Capital Drawdown
Accepted (ET)
6:13 AM
Apr 3, 2026
Filed
Apr 3, 2026
Documents
11
Size
184.0 KB
Summary
Stone Point Credit Corp Issues Common Stock Under Capital Drawdown
What Happened Stone Point Credit Corporation filed an 8-K on April 3, 2026 disclosing that it issued and sold common stock to existing investors pursuant to capital drawdown notices. On March 31, 2026 the Company sold 1,267,767.846 shares for $24,990,239.78, and on April 1, 2026 it sold 495.141 shares for $9,760.22. The issuances were made under subscription agreements with the Company’s investors.
Key Details
- Total shares issued: 1,268,262.987 common shares (1,267,767.846 on March 31 and 495.141 on April 1, 2026).
- Total proceeds: $24,999,999.99 (aggregate $24,990,239.78 + $9,760.22 ≈ $25.0M).
- Sales were exempt from registration under Section 4(a)(2) and Regulation D; no general solicitation or public offering.
- Investors committed to fund drawdowns up to their capital commitments on an as-needed basis, with at least 10 business days’ prior notice; the Company relied on investors’ accredited status representations.
Why It Matters This filing documents a capital raise from existing investors rather than a public offering. For shareholders and potential investors, the transaction increases the Company’s outstanding common shares and brought in roughly $25 million of capital. Because the sales were made under private subscription agreements and Regulation D exemptions, they reflect funding from accredited investors rather than new public investors.