UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 3.02 |
Unregistered Sale of Equity Securities |
On June 21, 2023, pursuant to a drawdown notice previously delivered to investors, Commonwealth Credit Partners BDC I, Inc. issued and sold 30,797 shares of common stock, par value $0.001 per share (the “Shares”), for an aggregate offering price of $30,000,000. No underwriting discounts or commissions have been or will be paid in connection with the sale of such Shares.
The sale of the Shares was made pursuant to subscription or commitment agreements entered into by the Company and its investors. Under the terms of the subscription and commitment agreements, the investors are required to fund drawdowns to purchase shares of the Company’s common stock up to the amount of their capital commitments on an as-needed basis with a minimum of 10 business days’ prior notice to the investors.
The issuance and sale of the Shares is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and Regulation D thereunder. Each purchaser of the Shares was required to represent that it is (i) an “accredited investor” as defined in Rule 501 of Regulation D under the Securities Act and (ii) was acquiring the Shares for investment and not with a view to resell or distribute. The Company did not engage in general solicitation or advertising and did not offer securities to the public in connection with such issuances.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: June 26, 2023 |
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COMMONWEALTH CREDIT PARTNERS BDC I, INC. |
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By: |
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/s/ Michael Altschuler |
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Michael Altschuler |
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Secretary |
Document and Entity Information |
Jun. 21, 2023 |
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Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Entity Ex Transition Period | false |
Document Period End Date | Jun. 21, 2023 |
Entity Registrant Name | COMMONWEALTH CREDIT PARTNERS BDC I, INC. |
Entity Incorporation State Country Code | DE |
Entity Central Index Key | 0001841514 |
Entity File Number | 000-56279 |
Entity Tax Identification Number | 86-3335466 |
Entity Address, Address Line One | 360 S. Rosemary Avenue |
Entity Address, Address Line Two | Suite #1700 |
Entity Address, City or Town | West Palm Beach |
Entity Address, State or Province | FL |
Entity Address, Postal Zip Code | 33401 |
City Area Code | 561 |
Local Phone Number | 727-2000 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | true |