PIMCO Asset-Based Lending Co LLC

8-K · d50193d8k.htm

0002073537 2026-05-28 2026-05-28
  
  
 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
  
  

 FORM 8-K
  
  

 CURRENT REPORT
 Pursuant to Section 13 or 15(d)
 of the Securities Exchange Act of 1934
 Date of Report (Date of earliest event reported): May 28, 2026
  
  

 PIMCO Asset-Based Lending Company LLC
 (Exact name of registrant as specified in its charter)
  
  

  

 Delaware
  
 000-56764
  
 33-4188434

 (State or other jurisdiction of
 incorporation or organization)

  
 (Commission
 File Number)

  
 (I.R.S. Employer
 Identification No.)

  

 650 Newport Center Drive , Newport Beach , CA
  
 92660

 (Address of principal executive offices)
  
 (Zip Code)

 (949) 720-6000
 (Registrant’s telephone number, including area code)
 Not Applicable
 (Former name or former address, if changed since last report)
  
  

 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  

 ☐
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

  

 ☐
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

  

 ☐
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  

 ☐
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 Securities registered pursuant to Section 12(b) of the Act: None
  

 Title of each class

  
 Trading
Symbol(s)

  
 Name of each exchange
 on which registered

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☒
 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
  
  
  

 Item 3.02
 Unregistered Sales of Equity Securities.

 On May 1, 2026, PIMCO Asset-Based Lending Company LLC (the “Company”) (including PIMCO Asset-Based Lending Company LLC - Series II (“Series II”) issued and sold the following unregistered limited liability company interests of the Company (the “Shares”) for Series II (with the final number of Shares of each class (each, a “Class”) being determined on May 28, 2026) to third party investors for cash:
  

 Class
   
 Number of
Shares Sold (1)
  
   
 Aggregate
Consideration (1)
  

 Anchor I Shares (2)

   
  
 2,042,146
  
   
 $
 21,011,589
  

 Anchor I-B Shares

   
  
 903,669
  
   
  
 9,301,938
  

 Anchor II Shares (3)

   
  
 3,339,042
  
   
  
 34,272,126
  

 Anchor II-B Shares

   
  
 -
  
   
  
 -
  

 Anchor III Shares

   
  
 -
  
   
  
 -
  

 E Shares (4)

   
  
 253,414
  
   
  
 2,618,681
  

 Standard A Shares (5)

   
  
 58,207
  
   
  
 597,395
  

 Standard B Shares

   
  
 -
  
   
  
 -
  

  

 (1)
 Inclusive of Shares issued pursuant to the Company’s distribution reinvestment plan (the “DRIP”).

 (2)
 Inclusive of the 72,956 Shares of Anchor I Shares acquired by previous shareholders of PIMCO Asset-Based Lending Company LLC - Series I (“Series I”, and together with Series II, the “Series”) reinvesting their proceeds received in connection with the liquidation of Series I.

 (3)
 Inclusive of the 1,399,953 Shares of Anchor II Shares acquired by previous shareholders of Series I reinvesting their proceeds received in connection with the liquidation of Series I.

 (4)
 Inclusive of the 200,142 Shares of E Shares acquired by previous shareholders of Series I reinvesting their proceeds received in connection with the liquidation of Series I.

 (5)
 Inclusive of the 42,911 Shares of Standard A Shares acquired by previous shareholders of Series I reinvesting their proceeds received in connection with the liquidation of Series I.

 The offer and sale of Shares above were exempt from the registration provisions of the Securities Act of 1933, as amended (the “Securities Act”), by virtue of Section 4(a)(2), including Regulation D (for sales to accredited investors) and/or Regulation S (for sales to non-U.S. investors outside of the United States) thereunder.
  

 Item 8.01
 Other Events.

 Net Asset Value
 On May 28, 2026, Pacific Investment Management Company LLC, the Company’s operating manager, determined the net asset value (“Net Asset Value”) per Share, being the price at which sales of the Shares are made, of the following Classes of Shares as of April 30, 2026:
  

 Class
   
 Net Asset
Value per Share
  

 Series I

   

 Anchor I Shares

   
 $
 10.21
  

 Anchor II Shares

   
  
 10.17
  

 Anchor II-B Shares

   
  
 10.20
  

 E Shares

   
  
 10.24
  

 Standard A Shares

   
  
 10.17
  

 Standard B Shares

   
  
 10.17
  

 Series II

   

 Anchor I Shares

   
 $
 10.29
  

 Anchor I-B Shares

   
  
 10.29
  

 Anchor II Shares

   
  
 10.26
  

 Anchor II-B Shares

   
  
 10.30
  

 Anchor III Shares

   
  
 10.31
  

 E Shares

   
  
 10.33
  

 Standard A Shares

   
  
 10.26
  

 Standard B Shares

   
  
 10.30
  

 The Net Asset Value of the Company’s outstanding Shares is also available on its websites at https://pimco.com/palcoseriesi or https://pimco.com/palcoseriesii , as applicable, but the contents of the websites are not incorporated by reference in or otherwise a part of this Current Report on Form 8-K.
 For additional information, please see additional details included in Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated herein by reference.
 Distributions
 On May 31, 2026, the Company declared distributions on the following Classes of Shares for Series II, in the amounts per Share set forth below:
  

 Class
   
 Distribution
  

 Anchor I Shares

   
 $
 0.0656
  

 Anchor I-B Shares

   
  
 0.0600
  

 Anchor II Shares

   
  
 0.0630
  

 Anchor II-B Shares

   
  
 0.0585
  

 Anchor III Shares

   
  
 0.0689
  

 E Shares

   
  
 0.0710
  

 Standard A Shares

   
  
 0.0632
  

 Standard B Shares

   
  
 0.0569
  

 The distributions for each Class of Shares are payable to holders of record at the close of business on May 31, 2026 and will be paid on or about June 22, 2026. The distributions will be paid in cash or reinvested in Shares of the Company for shareholders participating in the DRIP.
  

 Special Note Regarding Forward-Looking Statements
 Some of the statements in this Current Report on Form 8-K constitute forward-looking statements because they relate to future events or the Company’s future performance or financial condition.
 In addition, words such as “anticipate,” “believe,” “expect,” “plan,” “seek” and “intend” and similar words or variations thereof may indicate a forward-looking statement, although not all forward-looking statements include these words. The forward-looking statements contained in this Current Report on Form 8-K involve risks and uncertainties, including factors outside of the Company’s control. The Company’s actual results could differ materially from those implied or expressed in the forward-looking statements for any reason, including the factors set forth in “Item 1A. Risk Factors” and elsewhere in the Company’s latest registration statement on Form 10 and in the other reports and documents filed by the Company with the SEC. Other factors that could cause actual results to differ materially include, but are not limited to, changes in the economy, risks associated with possible disruption in the Company’s operations or the economy generally due to terrorism, natural disasters, epidemics or other events having a broad impact on the economy, and future changes in laws or regulations and conditions in the Company’s operating areas.
 Although the Company believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and as a result, the forward-looking statements based on those assumptions also could be inaccurate. In light of these and other uncertainties, the inclusion of a projection or forward-looking statement in this Current Report on Form 8-K should not be regarded as a representation by the Company that its plans and objectives will be achieved. These forward-looking statements apply only as of the date of this Current Report on Form 8-K. Moreover, the Company assumes no duty and does not undertake to update the forward-looking statements, except as required by law.
  

 Item 9.01
 Financial Statements and Exhibits.

 (d) Exhibits
  

 Exhibit
 Number

   
 Description

 99.1
   
 Net Asset Value as of April 30, 2026

 104
   
 Cover Page Interactive Data File, formatted in Inline XBRL

  

 Signatures
 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  

 PIMCO ASSET-BASED LENDING COMPANY LLC

 By:
  
 /s/ Jason Mandinach

 Name:
  
 Jason Mandinach

 Title:
  
 Principal Executive Officer

 Date: June 3, 2026