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Law Lauren Kristen, Sub-Adviser Inv Comm Member, reported purchasing 20,000 common shares of XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) on October 24, 2025. The shares were bought at a price of $5.007, totaling $100,140.
Following the transaction, Law Lauren Kristen directly owns 20,000 shares of XAI Octagon Floating Rate & Alternative Income Trust.
In other recent news, XAI Octagon Floating Rate & Alternative Income Trust has announced an agreement to sell 7,300,000 shares of its 5.92% Series A Mandatory Redeemable Preferred Shares to institutional investors. The trust anticipates receiving approximately $71.5 million in net proceeds from this transaction. The closing of this sale is scheduled to occur on or before December 18, 2025. The preferred shares come with a liquidation preference of $10.00 per share and are set to mature on January 31, 2031. These developments reflect the trust’s ongoing financial strategies and transactions. This move is part of the company’s broader financial activities aimed at optimizing its capital structure. Investors might keep an eye on how these proceeds will be utilized in the future.
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