Company sells 4,232,804.23 common shares at $9.45 apiece through deal
By Devika Patel
Knoxville, Tenn., Sept. 24 – Audax Credit BDC Inc. raised $40 million from a private placement of stock on Sept. 23, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 4,232,804.23 common shares at $9.45 per share.
The company delivered the capital drawdown notice to the investor on Sept. 10.
The private investment company is based in Boston.
| Issuer: | Audax Credit BDC Inc.
|
| Issue: | Common stock
|
| Amount: | $40 million
|
| Shares: | 4,232,804.23
|
| Price: | $9.45
|
| Warrants: | No
|
| Draw down date: | Sept. 10
|
| Settlement date: | Sept. 23
|
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