Crestline Lending Solutions, LLC 8-K

What Happened Crestline Lending Solutions, LLC filed an 8-K reporting that on April 24, 2026 it sold approximately 923,703 units of its limited liability company interests for an aggregate of about $18.1 million, at a purchase price of $19.62 per Share, pursuant to drawdown/subscription agreements with its investors. The Board designated Crestline Management, L.P. as the Company’s valuation designee under Rule 2a-5, and the Valuation Designee determined the Company’s net asset value (NAV) per Share as of April 22, 2026 to be $19.62 in accordance with the Company’s valuation policy and Section 23 of the 1940 Act. The report was signed by CEO Chris Semple on April 29, 2026.

Key Details

• Capital call date and sale: April 24, 2026 — ~923,703 Shares sold for ~$18.1 million total.
• Price/NAV: Purchase price and NAV per Share both $19.62 (NAV as of April 22, 2026).
• Subscription terms: Shares issued under subscription agreements; investors must fund drawdowns up to their capital commitments; future drawdown notices will be delivered at least 10 days before funding dates.
• Securities treatment: Issuances were unregistered and relied on Section 4(a)(2) and Regulation D and/or Regulation S exemptions; investors represented they are “accredited investors.”

Why It Matters This filing notifies investors that the company raised additional capital from existing subscribers through a drawdown rather than a public registered offering, increasing invested capital and the number of outstanding LLC interests. The use of an appointed valuation designee and the disclosed NAV per Share ($19.62) explain the pricing used for the transaction. Because the sale was made under private-exemption rules and limited to accredited investors, these Shares are not registered for public resale.