Remora Capital Corp Issues 256,650 Shares in Private Placement
Remora Capital CorpResearch Summary
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Remora Capital Corp Issues 256,650 Shares in Private Placement
What Happened Remora Capital Corporation filed an 8-K disclosing that on August 3, 2026 it issued 256,649.746 shares of its common stock at $9.85 per share, for aggregate proceeds of $2,528,000. The shares were sold pursuant to subscription agreements with investors and no underwriting discounts or commissions were paid. The issuance was made as an unregistered sale exempt from registration under Section 4(a)(2) of the Securities Act and Regulation D.
Key Details
- Shares issued: 256,649.746 common shares
- Price per share: $9.85
- Gross proceeds: $2,528,000
- Date of issuance: August 3, 2026; sold under subscription agreements; exempt under Section 4(a)(2) and Regulation D; no underwriting fees
Why It Matters The company raised $2.528 million of capital through a private equity issuance, and added 256,649.746 common shares to its outstanding stock. This provides additional funding to the company but also increases the share count, which can affect per‑share metrics and ownership percentages. The filing does not disclose use of proceeds.