Capital Southwest (NASDAQ: CSWC) adds RBC to $2.0B at-the-market stock program
Rhea-AI Filing Summary
Capital Southwest Corporation added RBC Capital Markets, LLC as an additional sales agent under its existing at-the-market common stock offering program. RBC joins Jefferies, Raymond James, Citizens JMP Securities, and B. Riley Securities under equity distribution agreements that are on substantially the same terms and conditions.
The at-the-market offering program, originally established in 2019 and subsequently amended, permits Capital Southwest to issue and sell up to $2.0 billion in aggregate amount of common shares from time to time through the sales agents, or to them as principal, and the company has no obligation to sell any shares. As of August 7, 2026, approximately $1.1 billion in aggregate amount of shares remained available for sale under the program. Any shares issued will be made under the company’s shelf registration statement on Form N-2 (File No. 333-282873) and the related prospectus supplement and subsequent supplements.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
ATM Program Capacity: $2.0 billion
Remaining ATM Capacity: approximately $1.1 billion
Shelf Registration Statement: Form N-2, File No. 333-282873
3 metrics
ATM Program Capacity
$2.0 billion
Maximum aggregate amount of common stock issuable under the Equity Distribution Agreements
Remaining ATM Capacity
approximately $1.1 billion
Aggregate amount of common stock still available for sale as of August 7, 2026
Shelf Registration Statement
Form N-2, File No. 333-282873
Registration statement under which shares in the ATM program will be issued, if any
Key Terms
at-the-market, Equity Distribution Agreements, shelf registration statement, prospectus supplement
4 terms
at-the-market financial
"established an “at-the-market” offering (the “ATM Program”)"
"At-the-market" is a method for companies to sell new shares of stock directly into the open market over time, rather than all at once. It allows companies to raise money gradually, similar to selling slices of a pie instead of the entire pie at once, which can help manage the sale's impact on the stock price. This approach gives investors a steady supply of shares while providing companies with flexible funding options.
Equity Distribution Agreements financial
"collectively, the “Equity Distribution Agreements”"
shelf registration statement regulatory
"pursuant to the Company’s shelf registration statement on Form N-2"
A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.
prospectus supplement regulatory
"prospectus supplement, dated October 30, 2024, relating to the Shares"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What change did Capital Southwest (CSWC) make to its ATM program on August 7, 2026?
Capital Southwest added RBC Capital Markets, LLC as an additional sales agent in its at-the-market stock offering program. RBC operates alongside Jefferies, Raymond James, Citizens JMP Securities, and B. Riley under substantially similar Equity Distribution Agreements.
How large is Capital Southwest’s (CSWC) at-the-market stock offering program?
The program permits Capital Southwest to issue and sell up to $2.0 billion in aggregate amount of common stock. Sales may be made from time to time through the designated sales agents or to them as principal, with no obligation to sell any shares.
How much capacity remains under Capital Southwest’s (CSWC) ATM program?
As of August 7, 2026, approximately $1.1 billion in aggregate amount of common shares remained available for sale under Capital Southwest’s at-the-market program. This represents the unused portion of the overall $2.0 billion capacity.
Which sales agents participate in Capital Southwest’s (CSWC) Equity Distribution Agreements?
The sales agents are RBC Capital Markets, LLC, Jefferies LLC, Raymond James & Associates, Inc., Citizens JMP Securities, LLC, and B. Riley Securities, Inc. Each has an equity distribution agreement on substantially the same terms and conditions.
What disclosure documents govern Capital Southwest’s (CSWC) ATM stock offering?
The program is governed by a Form N-2 shelf and a combined ATM Prospectus Supplement dated October 30, 2024, together with Supplements No. 1 through No. 7. These documents describe the terms of the shares and the Equity Distribution Agreements.