VISTA CREDIT STRATEGIC LENDING CORP. 8-K

What Happened

• Vista Credit Strategic Lending Corp. filed an 8-K on June 23, 2026 disclosing unregistered sales of common stock and a preliminary net asset value (NAV) update as of May 31, 2026.
• The company sold 79,052.314 shares of Class I common stock and 68,125.960 shares of Class S common stock (issuances finalized June 22, 2026) for total consideration of $2,808,500, pursuant to subscription agreements relying on Section 4(a)(2) and Regulation D or S. Purchasers represented they were accredited investors or non-U.S. persons.
• The company reported a preliminary, management-prepared NAV per share for each class of Common Stock of $19.081 as of May 31, 2026 (unaudited). Deloitte & Touche LLP did not audit or review this NAV.

Key Details

• Unregistered stock sale (finalized 6/22/2026): 79,052.314 Class I shares and 68,125.960 Class S shares for $2,808,500 total.
• NAV (preliminary, unaudited) as of 5/31/2026: $19.081 per share for each class.
• Balance-sheet snapshot as of 5/31/2026: total investments at fair value plus unfunded commitments of $1.9 billion; debt-to-equity ratio of 0.83x.
• As of 5/31/2026 there were no shares of Class D common stock outstanding. Filing signed by CFO Ross Teune on June 23, 2026.

Why It Matters

• The company completed a small private capital raise (~$2.8M) through subscription agreements, which increases invested capital but was done via exempt (unregistered) offerings to accredited or non-U.S. investors.
• The NAV update gives investors a recent, management-prepared measure of per‑share value ($19.081) but is preliminary and unaudited, so investors should treat it as an internal estimate rather than a certified figure.
• The $1.9 billion of investments plus a 0.83x debt-to-equity ratio provide context on the fund’s size and leverage as of May 31, 2026.