Apollo Origination II (UL) Capital Trust 8-K

What Happened
Apollo Origination II (UL) Capital Trust filed an 8-K (Item 3.02) disclosing that on March 20, 2026 the trust issued 580,046.4037 unregistered common shares of beneficial interest for $15,000,000. The shares (par value $0.001) were issued to certain investors pursuant to capital drawdown notices sent by the Company.

Key Details

• Date of issuance: March 20, 2026.
• Shares issued: 580,046.4037 common shares of beneficial interest (par value $0.001).
• Consideration raised: $15,000,000.
• Offering exemption: Sale was exempt from registration under Section 4(a)(2) of the Securities Act and/or Regulation D and Regulation S.

Why It Matters
The trust raised $15 million through a private, unregistered placement, increasing its outstanding shares and providing additional capital. For existing and prospective investors, this issuance can affect per-share metrics (e.g., net asset value per share and any per-share distributions) because more shares are now outstanding. The sale was a private placement exempt from SEC registration; investors who want more detail should review the trust’s filings for updates on capital structure, use of proceeds (if disclosed elsewhere), and any related impact on distributions or NAV.