Tender Offer - Blue Owl Technology Income Corp.

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Form Type: SC TO-I

Filing Date: 2025-05-23

Corporate Action: Tender-offer

Type: New

Accession Number: 000162828025027646

Filing Summary: Blue Owl Technology Income Corp. is initiating a tender offer to purchase up to approximately 5.00% of its aggregate shares outstanding, totaling approximately $162,274,465, corresponding to the value of the Class S, Class D, and Class I shares. The total number of Class S, Class D, and Class I shares outstanding as of May 22, 2025, is detailed as approximately 326,724,437. The tender offer is part of the company's intention to repurchase a specified amount of its Common Stock, with further details and terms provided in the Offer to Purchase dated May 23, 2025. All relevant filings and procedural details are incorporated by reference from accompanying documents and the Offer to Purchase itself. The tender offer is structured per Rule 13e-4 of the Securities Exchange Act, indicating regulatory compliance and the offer's scope.

Additional details:

Class S Shares Outstanding: 83141605

Class D Shares Outstanding: 1806008

Class I Shares Outstanding: 241776824

Total Common Stock Shares Outstanding: 326724437

Tender Offer Amount: 162274465

Percentage Of Shares Repurchased: 5.00

Form Type: SC TO-I/A

Filing Date: 2025-04-24

Corporate Action: Tender-offer

Type: Update

Accession Number: 000162828025019743

Filing Summary: This document is an amendment to the Tender Offer Statement by Blue Owl Technology Income Corp., related to their offer to purchase up to a specified number of shares of their Class S, Class D, and Class I common stock. The tender offer, which was originally filed on February 26, 2025, and amended on March 6, 2025, seeks to buy back shares from stockholders at a total offering amount of approximately $150,425,322, which constitutes 5.00% of the shares outstanding as of December 31, 2024. The offer expired on March 31, 2025, resulting in valid tenders of approximately 1,514,802 Class S Shares, 14,197 Class D Shares, and 8,000,726 Class I Shares. The purchase prices per tendered share were established at $10.34 for each class of shares, leading to an aggregate purchase price of approximately $98,537,365. Payment was made using non-interest bearing promissory notes issued to shareholders whose tenders were accepted. This amendment updates the status of the tender offer following its completion and includes details about the share repurchase program.

Additional details:

Number Of Shares Tendered: {"class_s":1514802,"class_d":14197,"class_i":8000726}

Purchase Price Per Share: {"class_s":10.34,"class_d":10.34,"class_i":10.34}

Aggregate Purchase Price: 98537365

Offering Amount: 150425322

Form Type: SC TO-I/A

Filing Date: 2025-03-06

Corporate Action: Tender-offer

Type: Update

Accession Number: 000162828025011005

Filing Summary: Blue Owl Technology Income Corp. has filed an Amendment No. 1 to its Tender Offer Statement on Schedule TO, originally submitted on February 26, 2025. The company aims to repurchase shares of its issued and outstanding Common Stock utilizing funds amounting to $150,425,322 at a price that reflects the net offering price per share for the applicable class of Common Stock as of March 31, 2025. This amendment incorporates by reference the company's Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 5, 2025. The amendment provides updates to the Offer to Purchase and the enclosed Letter of Transmittal, while reaffirming that except for the changes noted, all other information remains consistent with the previous filings.

Additional details:

Counsel Name: Cynthia M. Krus

Counsel Name: Kristin H. Burns

Counsel Name: Dwaune L. Dupree

Counsel Firm: Eversheds Sutherland (US) LLP

Counsel Address: 700 Sixth Street, NW, Washington, DC 20001

Counsel Phone: (202) 383-0100

Maximum Number Of Shares Repurchased: $150,425,322

Offering Price Date: 2025-03-31

Annual Report Date: 2025-03-05

Form Type: SC TO-I

Filing Date: 2025-02-26

Corporate Action: Tender-offer

Type: New

Accession Number: 000162828025008238

Filing Summary: Blue Owl Technology Income Corp. is initiating a tender offer to purchase up to 5.00% of its outstanding Common Stock, approximately $150,425,322 worth of shares. The offer applies to Class S, Class D, and Class I Common Stock, which collectively consist of approximately 307,850,606 shares as of February 25, 2025. The offer is guided by the terms and conditions set out in the accompanying Offer to Purchase dated February 26, 2025, along with a related Letter of Transmittal. The company states that it will repurchase shares to provide liquidity for shareholders and enhance shareholder value. The document incorporates references to various sections of the Offer to Purchase detailing material terms, purpose, procedures for tendering shares, and the source of funds.

Additional details:

Class Of Securities: Class S Common Stock

Class Of Securities: Class D Common Stock

Class Of Securities: Class I Common Stock

Number Of Shares Outstanding: 307,850,606

Amount Of Tender Offer: 150,425,322

Form Type: SC TO-I/A

Filing Date: 2025-01-27

Corporate Action: Tender-offer

Type: Update

Accession Number: 000162828025002660

Filing Summary: Blue Owl Technology Income Corp. filed Amendment No. 1 to its Tender Offer Statement on Schedule TO on January 27, 2025, in connection with the company's offer to purchase up to a designated number of shares of its Class S, Class D, and Class I common stock. The offer pertains to an offering amount of approximately $145,192,938, representing 5.00% of the outstanding shares as of September 30, 2024. The tender offer, made on November 26, 2024, expired on December 31, 2024, and resulted in the valid tendering of approximately 666,035 Class S Shares, 63,408 Class D Shares, and 8,500,163 Class I Shares. Payment for the tendered shares was executed via non-interest bearing promissory notes issued by the company. The net offering prices per Share as of December 31, 2024, were established at $10.42 for each class of Shares. The total purchase price for all Shares repurchased totaled approximately $96,172,490.

Additional details:

Offering Amount: 145192938

Aggregate Purchase Price: 96172490

Expiration Time: 2024-12-31T19:00:00-05:00

Number Of Class S Shares Tendered: 666035

Number Of Class D Shares Tendered: 63408

Number Of Class I Shares Tendered: 8500163

Net Offering Price Per Share Class S: 10.42

Net Offering Price Per Share Class D: 10.42

Net Offering Price Per Share Class I: 10.42

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