CNL Strategic Capital LLC

06/23/2026 | Press release | Distributed by Public on 06/23/2026 15:24

Material Event (Form 8-K)

Item 8.01 Other Events.

Determination of Net Asset Value for Outstanding Shares for the month ended May 31, 2026

On June 23, 2026, the board of directors (the "Board") determined the Company's net asset value per share for each share class in a manner consistent with the Company's valuation policy, as described under "Determination of Net Asset Value" in the Company's Prospectus. Additionally, pursuant to our share repurchase program, we conduct quarterly share repurchases to allow our shareholders to sell all or a portion of their shares back to us at a price equal to the net asset value per share as of the last date of the month immediately prior to the repurchase date. The repurchase date for our next quarterly repurchase will be June 30, 2026. This table provides the Company's aggregate net asset value and net asset value per share for its Class FA, Class A, Class T, Class D, Class I, and Class S shares as of May 31, 2026 (in thousands, except per share data):

Month Ended
May 31, 2026 		Class FA Class A Class T Class D Class I Class S Total
Net Asset Value $161,424 $366,298 $75,904 $115,965 $702,893 $74,532 $1,497,016
Number of Outstanding Shares 3,660 9,389 1,951 2,996 17,812 1,671 37,479
Net Asset Value, Per Share $44.10 $39.02 $38.90 $38.71 $39.46 $44.61
Net Asset Value, Per Share Prior Month $43.63 $38.61 $38.53 $38.33 $39.02 $44.11
Increase/Decrease in Net Asset Value, Per Share from Prior Month $0.47 $0.41 $0.37 $0.38 $0.44 $0.50

The change in the Company's net asset value per share for each applicable share class for the month ended May 31, 2026 was primarily driven by the increases in the fair value of fourteen out of eighteen of the Company's portfolio company investments. The fair value of three of the Company's portfolio company investments decreased during the same period. The fair value of one of the Company's portfolio company investments did not change. As of May 31, 2026, the Company had total assets of approximately $1.54 billion.

Public Offering Price Adjustment

On June 23, 2026, the Board approved the new per share public offering price for each share class in the Company's offering. The new public offering prices will be effective as of June 30, 2026 and will be used for the Company's next monthly closing for subscriptions on June 30, 2026. The purchase price for Class A, Class T, Class D, and Class I shares purchased under our distribution reinvestment plan will be equal to the net asset value per share for each share class as of May 31, 2026. The following table provides the new public offering prices and applicable upfront selling commissions and dealer manager fees for each share class available in this offering:

Class A Class T Class D Class I
Public Offering Price, Per Share $42.64 $40.84 $38.71 $39.46
Selling Commissions, Per Share $2.56 $1.23
Dealer Manager Fees, Per Share $1.06 $0.71

We have also posted this information on our website at www.cnlstrategiccapital.com. A subscriber may also obtain this information by calling us by telephone at (866) 650-0650.

CNL Strategic Capital LLC published this content on June 23, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 23, 2026 at 21:24 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]