{"filing":{"accession_number":"0001999371-26-011900","cik":"0001684682","ticker":null,"company_name":"CNL Strategic Capital, LLC","form":"8-K","filing_date":"2026-06-02","report_date":null,"primary_document":"cnl-8k_052726.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1684682/000199937126011900/cnl-8k_052726.htm"},"events":[{"id":7642,"run_id":6719,"accession_number":"0001999371-26-011900","anchor_item_number":"1.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"summary":"The company entered into a Third Amendment to its revolving loan agreement that expands the permitted use of a $50 million line of credit to include equity repurchases (up to 90% of trailing six-month net investment proceeds) and extends the maturity date to August 15, 2026.","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3796,"accession_number":"0001999371-26-011900","item_number":"1.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"This disclosure describes a Third Amendment to a revolving loan agreement that expands the permitted use of a $50 million line of credit to include equity repurchases (up to 90% of trailing six-month net investment proceeds) and extends the maturity date to August 15, 2026. While the amendment modifies an existing credit facility, it does not constitute a traditional M\u0026A activity, covenant breach, or other specifically enumerated event type. The expansion of permitted uses and near-term maturity extension are material to investors assessing the company's capital structure and liquidity, but the event does not fit cleanly into the taxonomy's more specific categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":7643,"run_id":6719,"accession_number":"0001999371-26-011900","anchor_item_number":"2.03","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"summary":"The company created or modified direct financial obligations or off-balance sheet arrangements, though the specific details are not fully disclosed in the available information.","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3797,"accession_number":"0001999371-26-011900","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 addresses creation of direct financial obligations or off-balance sheet arrangements. The filing excerpt is incomplete and does not provide the substantive details needed to classify into a more specific category (e.g., covenant_breach, dilutive_issuance, or ma_activity). Without the full disclosure text, I cannot determine the precise nature of the obligation. Item 2.03 disclosures are typically material to investors, so is_material is marked true, but the low confidence reflects the incomplete information provided.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":7644,"run_id":6719,"accession_number":"0001999371-26-011900","anchor_item_number":"5.07","event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"At a special meeting held on May 27, 2026, shareholders voted on Proposal 1 to approve an enhanced liquidity plan. The proposal failed to obtain the required two-thirds approval, with 20,122,701 votes for, 510,255 against, and 925,448 withheld.","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3799,"accession_number":"0001999371-26-011900","item_number":"5.07","item_title":null,"event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"This Item 5.07 discloses the results of a shareholder vote at a special meeting held on May 27, 2026. The company submitted Proposal 1 (approval of an enhanced liquidity plan) to shareholders, and the voting results are explicitly reported: 20,122,701 votes for, 510,255 against, and 925,448 withheld. The proposal was not passed. This is a direct shareholder vote result disclosure, which is the core purpose of Item 5.07.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"","ticker":null,"filing_date":""},{"id":3800,"accession_number":"0001999371-26-011900","item_number":"8.01","item_title":null,"event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The disclosure reports results of a Special Meeting shareholder vote on an enhanced liquidity plan proposal. The filing explicitly states that \"the required approval from two-thirds of the Company's outstanding shareholders for the enhanced liquidity plan proposal was not obtained,\" which is a clear shareholder vote outcome. This is material because the failed proposal affects the Company's capital structure and liquidity strategy going forward.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3796,"accession_number":"0001999371-26-011900","item_number":"1.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"This disclosure describes a Third Amendment to a revolving loan agreement that expands the permitted use of a $50 million line of credit to include equity repurchases (up to 90% of trailing six-month net investment proceeds) and extends the maturity date to August 15, 2026. While the amendment modifies an existing credit facility, it does not constitute a traditional M\u0026A activity, covenant breach, or other specifically enumerated event type. The expansion of permitted uses and near-term maturity extension are material to investors assessing the company's capital structure and liquidity, but the event does not fit cleanly into the taxonomy's more specific categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02"},{"id":3797,"accession_number":"0001999371-26-011900","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 addresses creation of direct financial obligations or off-balance sheet arrangements. The filing excerpt is incomplete and does not provide the substantive details needed to classify into a more specific category (e.g., covenant_breach, dilutive_issuance, or ma_activity). Without the full disclosure text, I cannot determine the precise nature of the obligation. Item 2.03 disclosures are typically material to investors, so is_material is marked true, but the low confidence reflects the incomplete information provided.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02"},{"id":3799,"accession_number":"0001999371-26-011900","item_number":"5.07","item_title":null,"event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"This Item 5.07 discloses the results of a shareholder vote at a special meeting held on May 27, 2026. The company submitted Proposal 1 (approval of an enhanced liquidity plan) to shareholders, and the voting results are explicitly reported: 20,122,701 votes for, 510,255 against, and 925,448 withheld. The proposal was not passed. This is a direct shareholder vote result disclosure, which is the core purpose of Item 5.07.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02"},{"id":3800,"accession_number":"0001999371-26-011900","item_number":"8.01","item_title":null,"event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The disclosure reports results of a Special Meeting shareholder vote on an enhanced liquidity plan proposal. The filing explicitly states that \"the required approval from two-thirds of the Company's outstanding shareholders for the enhanced liquidity plan proposal was not obtained,\" which is a clear shareholder vote outcome. This is material because the failed proposal affects the Company's capital structure and liquidity strategy going forward.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:47:32.311259+00:00","company_name":"CNL Strategic Capital, LLC","ticker":null,"filing_date":"2026-06-02"}]}