XAI Octagon Floating Rate & Alternative Income Term Trust Prices Public Offering of Common Shares
XAI Octagon Floating Rate & Alternative Income Trust Common Shares of Beneficial Interest (XFLT)
US:NYSE Investor Relations:
quotes.ino.com/charting/index.html?s=nyse_xflt&t=f&a=1&w=1&v=d12
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has priced its previously announced underwritten public offering of common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust agreed to sell 960,000 Common Shares at a price to the public of $8.36 per Common Share. In addition, the Trust has granted the underwriters a 45-day option to purchase up to 144,000 additional Common Shares to cover over-allotments, if any.The Trust expects to receive net proceeds from the offering, excluding the exercise of the over-allotment option, if any, of approximately $7.31 million. Assuming the full exercise
Show less
Read more
Impact Snapshot
Event Time:
XFLT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XFLT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XFLT alerts
High impacting XAI Octagon Floating Rate & Alternative Income Trust Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
XFLT
News
- XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per ShareBusiness Wire
- XA Investments Non-Listed Closed End Funds Third Quarter 2024 Market UpdateBusiness Wire
- XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares DividendBusiness Wire
- Interval Fund Expert Paul Dunn to Join XA Investments Senior Advisor TeamBusiness Wire
- XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per ShareBusiness Wire
XFLT
Sec Filings
- 11/15/24 - Form 5
- 11/15/24 - Form 5
- 11/15/24 - Form 5
- XFLT's page on the SEC website