Business Development Corporation of America II ("we", "our" and "us") incorporated in Maryland on April 17, 2014, is an externally managed, non-diversified closed-end investment company that has elected to be treated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"), and is applying the guidance of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 946, "Financial Services - Investment Companies" ("ASC 946"). As a BDC, we are required to comply with certain regulatory requirements promulgated under the 1940 Act. We intend to elect to be taxed for U.S. federal income tax purposes as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"), as soon as practicable. Effective August 21, 2014, we changed our name from BDCA Senior Capital Inc. to Business Development Corporation of America II. We are sponsored by AR Capital, LLC (the "Sponsor") and are managed by BDCA Adviser II, LLC (the "Adviser"), an entity indirectly, wholly-owned by the Sponsor, pursuant to the terms of the Investment Advisory and Management Services Agreement (the "Investment Advisory Agreement"). The Adviser oversees the management of our activities and is responsible for making investment decisions regarding our portfolio. We are offering for sale a maximum of 300 million shares of common stock, $0.001 par value per share, at an initial offering price of $10.00 per share, subject to certain volume and other discounts, on a "best efforts" basis pursuant to a registration statement on Form N-2 , as amended and supplemented (the "Registration Statement") (File No. 333-197447), filed with the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Offering"). On May 19, 2014, we sold 22,222 shares of common stock to the Sponsor for $9.00 per share, which represents the initial offering price of $10.00 per share less selling commissions of $0.70 per share and dealer manager fees of $0.30 per share consistent with the terms and disclosures of the Registration Statement. On September 8, 2014, our Registration Statement was declared effective by the SEC. Realty Capital Securities, LLC, our affiliate, serves as the dealer manager of the Offering.
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Company profile
Employees
Incorporated
Location
Fiscal year end
Former names
BDCA Senior Capital, Inc.
SEC CIK
Corporate docs
Latest filings (excl ownership)
CORRESP
Correspondence with SEC
28 Mar 16
DEFM14A
Proxy related to merger
25 Mar 16
PRER14A
Preliminary revised proxy
9 Mar 16
PRER14A
Preliminary revised proxy
27 Jan 16
PREM14A
Preliminary proxy related to merger
24 Dec 15
15-12G
Securities registration termination
15 Dec 15
8-K
Material Modifications to Rights of Security Holders
15 Dec 15
8-K
Departure of Directors or Certain Officers
4 Dec 15
8-K
Other Events
20 Nov 15
10-Q
2015 Q3
Quarterly report
16 Nov 15