IPO - Blue Owl Technology Finance Corp.
Form Type: 8-K
Filing Date: 2025-06-11
Corporate Action: Ipo
Type: New
Accession Number: 000119312525138807
Filing Summary: On June 11, 2025, Blue Owl Technology Finance Corp. received approval from the New York Stock Exchange to list its common stock, par value $0.01 per share, commencing trading on June 12, 2025, under the ticker symbol 'OTF.' The company has engaged various lead advisors, including BofA Securities, J.P. Morgan, and others, for this listing. The announcement indicates a significant step for the company as it transitions to public trading, with expectations for potential material financial information updates to be shared via its investor relations website and other communication channels.
Additional details:
Ticker Symbol: OTF
Listing Exchange: NYSE
Common Stock Par Value: 0.01
Form Type: 8-K
Filing Date: 2025-06-03
Corporate Action: Ipo
Type: New
Accession Number: 000119312525134115
Filing Summary: On June 2, 2025, Blue Owl Technology Finance Corp.’s Board approved a second amended and restated dividend reinvestment plan, which will become effective upon the listing of the Company’s common stock on the NYSE. They may use newly issued shares or purchase shares in the open market under the plan. On June 3, 2025, the Company announced its intention to list its shares on the NYSE under the ticker symbol 'OTF' around June 12, 2025. A waiver of transfer restrictions was granted for 23,256,814 shares in relation to this listing. The Board also approved a $200 million repurchase program for shares and decided to eliminate fractional shares by rounding them up to the nearest whole share. Additionally, a second quarter dividend of $0.35 was declared, along with five special dividends of $0.05 scheduled over the next year. Forward-looking statements are included, cautioning about the risks and uncertainties that could affect future performance.
Additional details:
Item 1: Amended Reinvestment Plan
Item 2: Listing on NYSE
Item 3: Ticker Symbol: OTF
Item 4: Waiver of Transfer Restrictions for 23,256,814 shares
Item 5: Repurchase Program of $200 million
Item 6: Elimination of fractional shares
Item 7: Second Quarter Dividend of $0.35
Item 8: Five Special Dividends of $0.05
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