UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 28, 2025

PIMCO Asset-Based Lending Company LLC

(Exact name of registrant as specified in its charter)

Delaware

000-56764

33-4188434

(State or other jurisdiction of

incorporation or organization)

(Commission

File Number)

(I.R.S. Employer

Identification No.)


650 Newport Center Drive, Newport Beach, CA		92660
(Address of principal executive offices)		(Zip Code)

(949) 720-6000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Title of each class

Trading
Symbol(s)

Name of each exchange

on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.02

Unregistered Sales of Equity Securities.

On October 1, 2025, the Company issued and sold the following unregistered shares of the Company (with the final number of shares being determined on October 28, 2025) to third party investors for cash:


Type	Number of Shares Sold		Aggregate Consideration
Series I
Anchor I Shares		110	$	1,116
Anchor II Shares		931,959.53		9,427,113
Anchor II-B Shares		110		1,116
E Shares		13,418.35		136,116
Standard A Shares		14,898.44		151,116
Standard B Shares		110		1,116
Series II
Anchor I Shares		1,500,036.55	$	15,256,852
Anchor II Shares		2,363,712.51		24,015,000
E Shares		743,475.01		7,575,000
Standard A Shares		73,711.91		750,000

The offer and sale of shares above were exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2), including Regulation D (for sales to accredited investors) and/or Regulation S (for sales to non-U.S. investors outside of the United States) thereunder.

Item 8.01

Other Events.

Net Asset Value

On October 28, 2025, PIMCO, in its capacity as the operating manager of the Company, determined the net asset value (“Net Asset Value”) per share, being the price at which sales of the Company’s shares are made, of the following types of the Company’s shares as of September 30, 2025:


Type	Net Asset Value per Share
Series I
Anchor I Shares	$	10.14
Anchor II Shares		10.12
Anchor II-B Shares		10.14
E Shares		10.14
Standard A Shares		10.14
Standard B Shares		10.14
Series II
Anchor I Shares	$	10.17
Anchor II Shares		10.16
Anchor III Shares		10.18
E Shares		10.19
Standard A Shares		10.17

As of October 28, 2025, there were no Anchor II-B or Standard B Shares outstanding for Series II.

The Net Asset Value of the Company’s outstanding shares is also available on its websites at https://pimco.com/palcoseriesi or https://pimco.com/palcoseriesii, as applicable, but the contents of the websites are not incorporated by reference in or otherwise a part of this Current Report on Form 8-K.

For additional information, please see additional details included in Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number		Description

99.1		Net Asset Value as of September 30, 2025

104		Cover Page Interactive Data File, formatted in Inline XBRL

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


PIMCO ASSET-BASED LENDING COMPANY LLC

By:		/s/ Jason Mandinach
Name:		Jason Mandinach
Title:		Principal Executive Officer

Date: November 3, 2025

PIMCO Asset-Based Lending Co LLC 8-K