8-KFiled Jul 23, 8:00 PM ET
Remora Capital Corp Issues 416,954 Shares in $4.11M Private Sale
Remora Capital CorpResearch Summary
AI-generated summary of this SEC filing
Remora Capital Corp Issues 416,954 Shares in $4.11M Private Sale
What Happened
- Remora Capital Corp filed an 8-K (July 24, 2026) reporting that on July 1, 2026 the company issued 416,954.313 shares of its common stock at $9.85 per share for aggregate proceeds of $4,107,000. The final share count was determined on July 23, 2026. The shares were sold under subscription agreements and were not registered under the Securities Act.
Key Details
- Shares issued: 416,954.313 common shares.
- Price per share: $9.85; total proceeds: $4,107,000.
- Date of issuance: July 1, 2026 (final share tally determined July 23, 2026); 8-K filed July 24, 2026.
- Offering treatment: Sold pursuant to subscription agreements and exempt from Securities Act registration under Section 4(a)(2) and Regulation D; no underwriting discounts or commissions were paid.
Why It Matters
- This was a private capital raise that provided the company with $4.107M in cash proceeds. For investors, the issuance increases the company’s outstanding share count by 416,954.313 shares, which can dilute existing ownership percentages. The filing confirms the sale was a private placement (not a public registered offering) and incurred no underwriting fees, indicating a direct transaction between the company and its investors.