Blue Owl Technology Finance Corp. Announces Partial Early Lock-Up Release
This early release applies to 46,513,271 shares ahead of the first scheduled lock-up period expiring 180 days post-listing and does not affect shares of the Company's common stock subject to the second or third lock-up periods, which expire at 270 and 365 days post-listing, respectively.
"OTF's listing earlier this year brought the largest technology-focused BDC to the public market," commented
As a result of the partial early lock-up release, shares still subject to transfer restrictions will now be released according to the following schedule:
Release Date |
Approximate Percentage of Shares Subject to |
|
10 % |
|
22 % |
|
32 % |
|
32 % |
ABOUT
Certain information contained herein may constitute "forward-looking statements" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about OTF, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as "anticipates," "expects," "intends," "plans," "will," "may," "continue," "believes," "seeks," "estimates," "would," "could," "should," "targets," "projects," "outlook," "potential," "predicts" and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond OTF's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in OTF's filings with the
INVESTOR CONTACTS
Investor Contact:
BDC Investor Relations
credit-ir@blueowl.com
Media Contact:
pro-blueowl@prosek.com
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