LGAM Private Credit LLC
06/28/2024 | Press release | Distributed by Public on 06/28/2024 14:05
Regulation FD Disclosure Form 8 K
Item 3.02. Unregistered Sales of Equity Securities.
As of June 1, 2024, LGAM Private Credit LLC ("we", the "Company" or the "Fund"), sold approximately 195,918 of the Company's Common Units (the "Units") for an aggregate offering price of approximately $4.0 million, reflecting a purchase price of $20.23 per unit (with the final number of Units being determined on June 25, 2024).
The sale of Units was made pursuant to subscription agreements entered into by the Company and its unitholders. The issuance of the Units is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Regulation S under the Securities Act and other exemptions from the registration requirements of the Securities Act. The Company relied, in part, upon representations from the unitholders in the subscription agreements that each unitholder was not in the United States (as defined in Rule 902(l) under Regulation S under the Securities Act) and was not, and was not acting for the account or benefit of, U.S. Persons (as defined in Rule 902(k) under Regulation S under the Securities Act)