CNL Strategic Capital, LLC 8-K

What Happened
CNL Strategic Capital filed an 8‑K (Mar 24, 2026) announcing the Board’s determination of net asset value (NAV) per share as of February 28, 2026, approval of new public offering prices effective March 31, 2026, and the next quarterly share repurchase date of March 31, 2026. Aggregate NAV across all classes was $1,450,294 (reported in thousands), and the company reported total assets of approximately $1.48 billion. The month‑end NAV per share by class was: Class FA $43.20; Class A $38.37; Class T $38.29; Class D $38.09; Class I $38.79; Class S $43.71. The NAV increases were driven mainly by fair value gains in 12 of the company’s 18 portfolio investments.

Key Details

• Aggregate NAV (all classes): $1,450,294 (in thousands); total assets ≈ $1.48B as of Feb 28, 2026.
• New public offering prices effective Mar 31, 2026: Class A $41.93, Class T $40.20, Class D $38.09, Class I $38.79. Selling commissions/dealer manager fees per share: Class A $2.52 / $1.04; Class T $1.21 / $0.70. Class D and Class I have no upfront sales load.
• Quarterly share repurchase: next repurchase date Mar 31, 2026; repurchase price = NAV per share as of Feb 28, 2026 (the last day of the prior month).
• Cash distribution declared (record Apr 27, 2026; pay Apr 28, 2026): per‑share amounts — FA $0.104167, A $0.104167, T $0.083333, D $0.093750, I $0.104167, S $0.104167. For the two months ended Feb 28, 2026, total distributions declared were $7.433M: ~51.7% from net investment income and ~48.3% from offering proceeds.

Why It Matters
This filing updates the NAVs investors use to value shares, sets the prices for new subscriptions (public offering prices) effective Mar 31, and confirms the upcoming quarterly repurchase date and distribution payments. The distribution and funding breakdown (about half from net investment income and half from offering proceeds for the two‑month period) is a factual indicator of how distributions were paid in the most recent reporting period and may be relevant to investors monitoring distribution sustainability. For subscriptions, repurchases or distribution details, the company posted the information at www.cnlstrategiccapital.com or by phone at (866) 650‑0650.

Note: The filing includes forward‑looking cautionary language; past performance and current funding mix do not guarantee future results.