VISTA CREDIT STRATEGIC LENDING CORP. 8-K

What Happened

• Vista Credit Strategic Lending Corp. filed an 8-K (dated July 24, 2026) reporting an unregistered sale of its common stock and management’s preliminary net asset value (NAV) per share as of June 30, 2026.
• The company sold 150,533.228 shares of Class I common stock and 7,840.817 shares of Class S common stock (sale effective as of July 1, 2026; final share counts determined July 22, 2026) for total consideration of $3,029,800. The issuances were made under subscription agreements and relied on exemptions under Section 4(a)(2) and Regulation D or S.
• Management reported a preliminary NAV per share of $19.131 for each class of common stock as of June 30, 2026; this estimate was prepared by management and has not been audited or reviewed by Deloitte & Touche LLP or other independent accountants.

Key Details

• Unregistered stock sale: 150,533.228 Class I shares + 7,840.817 Class S shares; proceeds = $3,029,800 (effective July 1, 2026; finalized July 22, 2026).
• NAV: Preliminary NAV per share = $19.131 as of June 30, 2026 (unaudited, prepared by management).
• Portfolio and leverage: total investments at fair value plus unfunded commitments = $2.2 billion; debt-to-equity ratio = 1.05x as of June 30, 2026.
• Corporate note: As of June 30, 2026 there were no shares of Class D common stock outstanding. The 8-K was signed by CFO Ross Teune on July 24, 2026.

Why It Matters

• The private sale raised roughly $3.03M via subscription agreements, which is a small but immediate source of capital for the company. Investors should note these were private placements relying on accredited-investor or non‑U.S. investor exemptions.
• The reported NAV ($19.131/share) is preliminary and unaudited; independent accountants did not review it. Investors should treat the NAV as management’s estimate until audited or reviewed financials are available.
• Portfolio scale ($2.2B) and a 1.05x debt-to-equity ratio provide context on the company’s size and leverage level as of June 30, 2026—useful when comparing risk and capital structure to peers.