LAGO Evergreen Credit·8-K

Apr 17, 9:49 AM ET

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LAGO Evergreen Credit 8-K

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LAGO Evergreen Credit Announces $10.4M Private Placement of Shares

What Happened
LAGO Evergreen Credit filed an 8-K (Item 3.02) to report that, as of April 1, 2026 (with the final share count determined April 16, 2026), it sold 406,092 unregistered common shares of beneficial interest at $25.60 per share in a private placement to accredited investors for an aggregate purchase price of $10,395,950. The sale was made as an exemption from registration under Section 4(a)(2) of the Securities Act and Regulation D. The report was signed by Tim Gottfried, Chairman of the Board and CEO, on April 16, 2026.

Key Details

  • 406,092 common shares sold at $25.60 per share.
  • Aggregate gross proceeds: $10,395,950.
  • Sale date noted as April 1, 2026; final share count determined April 16, 2026.
  • Offer made to accredited investors; sale exempt from registration under Section 4(a)(2) and Regulation D.

Why It Matters
This transaction raises about $10.4 million of capital for LAGO Evergreen Credit and increases the number of outstanding common shares, which can affect per-share metrics for existing shareholders. Because the shares were sold in an unregistered private placement to accredited investors, the securities are subject to resale restrictions. Investors should monitor company disclosures for any statements on the use of proceeds or subsequent filings that show updated share counts or financial impacts.

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