08/21/2024 | Press release | Distributed by Public on 08/21/2024 12:59
Item 3.02 | Unregistered Sales of Equity Securities. |
On August 1, 2024, KKR FS Income Trust Select (the "Company") issued and sold 1,656,216.936 Class S shares (the "Class S Shares") of the Company's common shares of beneficial interest (the "Shares") (with the final number of Class S Shares issued being determined on August 21, 2024) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $41.9 million.
The offer and sale of the Class S Shares were conducted in connection with the Company's continuous private offering of Shares (the "Private Offering") in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), provided by Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder. The Company relied, in part, upon representations from each participating investor in the relevant subscription agreement that such investor is an "accredited investor" as defined in Regulation D under the Securities Act.