Blue Owl Capital Corp current report, 06 July 2023

Blue Owl Capital Corporation Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by Blue Owl Capital Corporation (formerly Owl Rock Capital Corporation) on July 6, 2023. The filing documents a corporate name change and the execution of a definitive licensing agreement regarding the use of the "Blue Owl" brand.

Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance and branding events rather than financial performance data.

Material Changes

  • Corporate Name Change: The Company officially changed its name from Owl Rock Capital Corporation to Blue Owl Capital Corporation.
  • Licensing Agreement: On July 6, 2023, the Company entered into a License Agreement with Blue Owl Capital Holdings LLC (an affiliate of the investment adviser's parent company).
  • Brand Rights: The agreement grants the Company a non-exclusive, royalty-free license to use the "Blue Owl" name and logo, contingent on the Licensor or its affiliates remaining the Company's investment adviser.

Guidance, Outlook, and Risks

The filing does not contain financial guidance, outlook, or specific risk factors. Management commentary is limited to the announcement of the name change and the establishment of the licensing framework. The Company noted that material financial information may be disseminated via its website, SEC filings, and press releases.

Key Facts for Investor Verification

  • Verify the effective date of the name change from Owl Rock Capital Corporation to Blue Owl Capital Corporation.
  • Confirm the terms of the royalty-free license for the "Blue Owl" name and its dependency on the investment adviser relationship.
  • Review the full text of the License Agreement filed as Exhibit 10.1 for any additional covenants or termination clauses.
  • Check subsequent filings for the first financial report under the new corporate name.