KKR FS Income Trust Updates Private Offering; NAV $29.08

What Happened
KKR FS Income Trust filed an 8-K reporting that on August 3, 2026 it issued and sold 353,288.620 Class I shares in its continuous private offering for aggregate consideration of approximately $10.273 million (final share count determined on August 21, 2026). The sale was made under exemptions to registration (Section 4(a)(2) and/or Regulation D) based on investor representations of accredited status. The company also reported a net asset value (NAV) per Class I share of $29.08 as of July 31, 2026 and an aggregate NAV of about $1.648 billion.

Key Details

• Issuance: 353,288.620 Class I shares issued/sold on Aug 3, 2026 for ~ $10.273 million.
• NAV: Class I NAV = $29.08 per share (as of July 31, 2026); aggregate NAV ≈ $1.648 billion.
• Offering status: Private Offering ongoing (up to $5.0 billion); aggregate issued to date = 60,082,856.806 Class I shares for ≈ $1.765 billion.
• Compliance: Offerings relied on Section 4(a)(2)/Regulation D exemptions; investors represented they are accredited.

Why It Matters
This filing updates investors on ongoing capital raising and the Fund’s valuation: the Trust is continuing its monthly private share sales, adding another issuance (353k shares) that contributes to the roughly $1.765 billion raised so far under the Private Offering program. The reported NAV provides a snapshot of per-share value for Class I holders as of July 31, 2026. Retail investors should note the offering is private (sold to accredited investors under exemptive rules) and that the company intends to keep selling shares on a monthly basis, which can modestly increase shares outstanding over time.