Fidus Investment Corporation (NASDAQ:FDUS) Files An 8-K Entry into a Material Definitive Agreement

Fidus Investment Corporation (NASDAQ:FDUS) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement

Underwriting Agreement

On December 16, 2020, Fidus Investment Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Fidus Investment Advisors, LLC and Raymond James & Associates, Inc., as representative of each of the several underwriters named in Exhibit A thereto, in connection with the issuance and sale of $125.0 million aggregate principal amount of the Company’s 4.75% Notes due 2026 (the “Offering”). The closing of the Offering is expected to occur on December 23, 2020, subject to customary closing conditions.

The Offering was made to the Company’s effective shelf registration statement on Form N-2 (Registration No. 333-223350) previously filed with the Securities and Exchange Commission (the “SEC”), as supplemented by a preliminary prospectus supplement dated December 16, 2020, a final prospectus supplement dated December 16, 2020, and the pricing term sheet filed with the SEC on December 16, 2020. This Current Report on Form 8-K shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, which is filed as Exhibit 1.1 to this Current Report on Form 8-K and incorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 is hereby incorporated by reference into this Item 2.03.

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Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

1.1    Underwriting Agreement, dated as of December 16, 2020, by and among Fidus Investment Corporation, Fidus Investment Advisors, LLC and Raymond James & Associates, Inc.


FIDUS INVESTMENT Corp Exhibit
EX-1.1 2 d100020dex11.htm EX-1.1 EX-1.1 Exhibit 1.1 FIDUS INVESTMENT CORPORATION $125,…
To view the full exhibit click here

About Fidus Investment Corporation (NASDAQ:FDUS)

Fidus Investment Corporation is a business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments. Its investment strategy consists of collaborating with business owners, management teams and financial sponsors by providing customized financing for ownership transactions, business expansion and other growth initiatives. It invests in industries, such as healthcare products, specialty distribution, aerospace and defense manufacturing, oil and gas services, consumer products, components manufacturing and building products manufacturing. Its investment portfolio consists of subordinated notes, senior secured loans, equity and warrants. The Company’s investment advisor is Fidus Investment Advisors, LLC.

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