Kennedy Lewis Capital Co 8-K

What Happened

• Kennedy Lewis Capital Company filed an 8-K on March 31, 2026 reporting the net asset value (NAV) per share for each class as of February 28, 2026 and providing an update on its ongoing share offering. NAVs were: Class I $20.29, Class S $20.23, and Class D $20.27. The company’s aggregate NAV was $743,525,338 and the fair value of its investment portfolio was $1,136,810,534. The filing was signed by Anthony Pasqua, Chief Financial Officer.

Key Details

• NAV per share (as of 2/28/2026): Class I $20.29; Class S $20.23; Class D $20.27.
• Aggregate NAV: $743,525,338; investment portfolio fair value: $1,136,810,534.
• Offering status (through March 2, 2026 subscriptions): total shares sold 32,658,519 for total consideration $658,275,432 (combining public Offering and Private Offering).
  • Public Offering: Class I 16,999,839 shares ($343,593,575); Class S 58,485 shares ($1,175,900); Class D 2,520 shares ($50,000).
  • Private Offering (Section 4(a)(2))—Class I: 15,597,675 shares ($313,455,957).
• Company is offering up to $2.0 billion in shares on a continuous basis and intends to continue monthly sales.

Why It Matters

• The NAV figures give investors a snapshot of per-share value and the size of the company’s reported net assets as of February 28, 2026.
• The fair value of the investment portfolio exceeds aggregate NAV, which is a useful comparative metric when assessing asset valuation versus reported net assets.
• The company has sold about $658.3 million of shares (combined public and private) toward its $2.0 billion offering capacity (~32.9%), which shows ongoing capital-raising activity that can affect future asset growth and share counts.
• No earnings or management changes were reported in this filing; the update is focused on valuation and capital-raising progress.