# LAGO Evergreen Credit — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_115ce13b85a4c3ad71a7 · retrieved 2026-08-11T16:11:13.413Z

## Overview
LAGO Evergreen Credit is an externally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company under the 1940 Act.

LAGO Evergreen Credit completed a private placement of 666,496 unregistered common shares of beneficial interest to accredited investors at $25.37 per share for an aggregate purchase price of $16,909,000. The transaction was effective as of July 1, 2026, with the final share count determined on July 16, 2026. The offering was exempt from Securities Act registration under Section 4(a)(2) and Regulation D.

## Terms
- Deal value: $16.9M · Consideration: cash · Price/share: $25.37

## Key dates
- Announced 2026-07-17

## Timeline
- 2026-07-17 · 8-K (0001193125-26-307004): 8-K - LAGO Evergreen Credit — LAGO Evergreen Credit completed a private placement of 666,496 unregistered common shares of beneficial interest to accredited investors at $25.37 per share for an aggregate purchase price of $16,909,000. The transaction was effective as of July 1, 2026, with the final share count determined on July 16, 2026. The offering was exempt from Securities Act registration under Section 4(a)(2) and Regulation D.
  https://www.sec.gov/Archives/edgar/data/2043759/0001193125-26-307004.txt

## Citations
- 0001193125-26-307004 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526307004