Tender Offer - Kennedy Lewis Capital Co
Form Type: SC TO-I
Filing Date: 2025-05-30
Corporate Action: Tender-offer
Type: New
Accession Number: 000113322825005788
Filing Summary: Kennedy Lewis Capital Company is conducting a tender offer for its own Class I, Class D, and Class S Shares of beneficial interest. The company plans to purchase up to 5.0% of its outstanding Common Shares, which amounts to 1,282,887 shares, as of March 31, 2025, from shareholders who tender their shares by 11:59 PM Eastern Time on June 30, 2025. The purchase price will be based on the net asset value as of June 30, 2025, or a later date if the offer is extended. The company, which is regulated as a business development company, is not planning to borrow funds to finance the purchases, although it may choose to do so depending on market conditions. Key executives and trustees of the company do not intend to tender any of their shares in the offer. The offer is not subject to any market trading conditions as the shares are not traded in any market.
Additional details:
Name Of Subject Company: Kennedy Lewis Capital Company
Title Of Class Of Securities: Class I, Class D, and Class S Shares of Beneficial Interest
Offer Expiration Date: 2025-06-30
Percentage Of Common Shares: 5.0%
Maximum Number Of Shares Tendered: 1,282,887
Net Asset Value Determination Date: 2025-06-30
Form Type: SC TO-I
Filing Date: 2025-03-03
Corporate Action: Tender-offer
Type: New
Accession Number: 000113322825001973
Filing Summary: Kennedy Lewis Capital Company has filed a Tender Offer Statement to purchase up to 5.0% (1,105,309 shares) of its Common Shares as of December 31, 2024, which includes Class I, Class D, and Class S Shares of Beneficial Interest. The offer is open for tender until March 31, 2025, and the purchase price will be based on the net asset value as of that date. The Company is not listed on any trading market and has disclosed that none of its officers or Trustees intend to participate in the tender offer. The adviser for this transaction is Kennedy Lewis Capital Holdings LLC, and the filing includes a detailed overview of the terms of the offer, necessary procedures for Shareholders to follow when tendering shares, and an explanation of the sources of funds for the purchase of these shares.
Additional details:
Title Of Class Of Securities: Class I, Class D, and Class S Shares of Beneficial Interest
C Usip Number: N/A
Total Common Shares Outstanding: 22,106,186
Offer Amount: 1,105,309 Common Shares
Purchase Price Terms: net asset value as of March 31, 2025
Expiration Date: March 31, 2025
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