Blue Owl Technology Finance Corp. Announces Partial Early Lock-Up Release
Blue Owl Technology Finance Corp. (NYSE: OTF) announced a partial early lock-up release affecting approximately 46.5 million shares (10% of each shareholder's holdings) effective September 9, 2025. This release comes ahead of the first scheduled lock-up expiration period of 180 days post-listing.
The remaining shares will be released in stages: 22% on December 9, 2025, 32% on March 9, 2026, and the final 32% on June 12, 2026. CEO Craig W. Packer noted that as the largest technology-focused BDC in the public market, this early release aims to enhance liquidity and broaden investor participation.
Blue Owl Technology Finance Corp. (NYSE: OTF) ha annunciato un rilascio parziale anticipato del lock-up che riguarda circa 46,5 milioni di azioni (10% delle partecipazioni di ciascun azionista), con effetto dal 9 settembre 2025. Questa misura precede il primo periodo di scadenza del lock-up previsto a 180 giorni dalla quotazione.
Le azioni rimanenti saranno sbloccate in più tranche: 22% il 9 dicembre 2025, 32% il 9 marzo 2026 e l’ultima tranche del 32% il 12 giugno 2026. Il CEO Craig W. Packer ha sottolineato che, essendo il più grande BDC tecnologico quotato, questo rilascio anticipato mira a migliorare la liquidità e ad ampliare la partecipazione degli investitori.
Blue Owl Technology Finance Corp. (NYSE: OTF) anunció una liberación parcial anticipada del lock-up que afecta aproximadamente a 46,5 millones de acciones (el 10% de las participaciones de cada accionista), con vigencia a partir del 9 de septiembre de 2025. Esta medida se adelanta al primer vencimiento del lock-up, previsto a los 180 días después de la salida a bolsa.
Las acciones restantes se liberarán por etapas: 22% el 9 de diciembre de 2025, 32% el 9 de marzo de 2026 y el último 32% el 12 de junio de 2026. El CEO Craig W. Packer señaló que, como el mayor BDC enfocado en tecnología en el mercado público, esta liberación anticipada busca aumentar la liquidez y ampliar la participación de inversores.
Blue Owl Technology Finance Corp. (NYSE: OTF)는 약 4,650만 주(각 주주의 지분 중 10%)에 해당하는 부분적 조기 락업 해제를 2025년 9월 9일부로 발표했습니다. 이번 조치는 상장 후 180일째에 예정된 첫 번째 락업 만료보다 앞서 시행됩니다.
나머지 주식은 단계적으로 해제됩니다: 22%는 2025년 12월 9일, 32%는 2026년 3월 9일, 마지막 32%는 2026년 6월 12일에 해제됩니다. CEO Craig W. Packer는 회사가 공시된 시장에서 가장 큰 기술 중심 BDC인 만큼, 이번 조기 해제가 유동성을 높이고 투자자 참여를 확대하기 위한 것이라고 밝혔습니다.
Blue Owl Technology Finance Corp. (NYSE: OTF) a annoncé une libération partielle anticipée du lock-up portant sur environ 46,5 millions d’actions (10 % des participations de chaque actionnaire), effective à compter du 9 septembre 2025. Cette décision précède la première échéance de lock-up prévue 180 jours après l’introduction en bourse.
Les actions restantes seront libérées par étapes : 22% le 9 décembre 2025, 32% le 9 mars 2026 et la dernière tranche de 32% le 12 juin 2026. Le PDG Craig W. Packer a indiqué qu’en tant que plus grand BDC technologique coté, cette libération anticipée vise à améliorer la liquidité et à élargir la participation des investisseurs.
Blue Owl Technology Finance Corp. (NYSE: OTF) gab eine teilweise vorzeitige Lock-up-Freigabe bekannt, die rund 46,5 Millionen Aktien (10 % der Bestände jedes Aktionärs) betrifft und am 9. September 2025 in Kraft tritt. Diese Freigabe erfolgt vor dem ersten geplanten Lock-up-Ablauf nach 180 Tagen ab der Börsennotierung.
Die verbleibenden Aktien werden gestaffelt freigegeben: 22% am 9. Dezember 2025, 32% am 9. März 2026 und die letzte Tranche von 32% am 12. Juni 2026. CEO Craig W. Packer erklärte, dass diese vorzeitige Freigabe, als größter technologieorientierter BDC am öffentlichen Markt, darauf abzielt, die Liquidität zu erhöhen und die Anlegerbeteiligung zu erweitern.
- Early lock-up release of 46.5M shares will enhance stock liquidity
- Company has five special dividends already announced
- Active share repurchase program in place
- Status as largest technology-focused BDC in public market
- Potential increased selling pressure from early lock-up release
- 90% of shares still remain locked until future release dates
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 Craig W. Packer, Chief Executive Officer. "We believe the early lock-up release will enhance liquidity, broaden investor participation and attract interest in our innovative technology strategy. Looking ahead, OTF's strong performance, previously announced five special dividends and existing repurchase program should support our long-term performance."
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 |
September 9, 2025 | 10 % |
December 9, 2025 | 22 % |
March 9, 2026 | 32 % |
June 12, 2026 | 32 % |
ABOUT BLUE OWL TECHNOLOGY FINANCE CORP.
Blue Owl Technology Finance Corp. (NYSE: OTF) is a specialty finance company focused on making debt and equity investments to
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 SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which OTF makes them. OTF does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.
INVESTOR CONTACTS
Investor Contact:
BDC Investor Relations
Michael Mosticchio
credit-ir@blueowl.com
Media Contact:
Prosek Partners
Josh
pro-blueowl@prosek.com
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SOURCE Blue Owl Technology Finance Corp.
FAQ
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