1. OTF's board approved an amended lock-up release schedule effective November 13, 2025. 2. 11% of OTF's shares will be released monthly until June 12, 2026. 3. The new schedule aims to enhance liquidity and meet growing investor interest. 4. OTF's CEO highlighted potential for increased market momentum due to this change. 5. OTF's investments reached $12.9 billion as of September 2025.
The amended lock-up allows greater liquidity, likely increasing investor demand. Historically, similar adjustments (such as Spotify's early lock-up release) have led to price surges due to increased availability of shares and momentum in stock prices.
Enhanced liquidity and increased share availability are crucial for OTF's price dynamics. The modification to the lock-up schedule addresses investor concerns directly, hence reflecting its substantial importance.
The immediate release of shares starting November 13 will influence liquidity and trading activity soon after. As market adjustments usually occur promptly post-announcement, the short-term horizon is appropriate.
NEW YORK, Nov. 5, 2025 /PRNewswire/ -- Blue Owl Technology Finance Corp. (NYSE:OTF) ("OTF" or the "Company") today announced that the Board of Directors approved an amended lock-up release schedule, effective as of November 13, 2025, that will apply to shares currently subject to transfer restrictions. Under the new schedule, approximately 11% of these shares of the Company's common stock will be released each month, beginning on November 13, 2025 until June 12, 2026.
"The accelerated partial lock-up release in September has increased interest in OTF, our leading technology strategy, and enhanced its liquidity profile," commented Craig W. Packer, Chief Executive Officer. "By bringing more shares to market through this revised lock-up release schedule, we hope to further enhance liquidity, building upon the considerable momentum generated since OTF's listing."
Following this amendment, shares still subject to transfer restrictions will be released in accordance with the following schedule:
Release Date | Approximate Percentage of Shares Subject to Transfer Restrictions Released |
November 13, 2025 | 11 % |
December 9, 2025 | 11 % |
January 20, 2026 | 11 % |
February 20, 2026 | 11 % |
March 9, 2026 | 11 % |
April 20, 2026 | 11 % |
May 20, 2026 | 11 % |
June 12, 2026 | 11 % |
ABOUT BLUE OWL TECHNOLOGY FINANCE CORP.
Blue Owl Technology Finance Corp. (NYSE:OTF) is a specialty finance company focused on making debt and equity investments to U.S. technology-related companies, with a strategic focus on software. As of September 30, 2025, OTF had investments in 185 portfolio companies with an aggregate fair value of $12.9 billion. OTF has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OTF is externally managed by Blue Owl Technology Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE:OWL) and part of Blue Owl's Credit platform.
Certain information contained herein may constitute "forward-looking statements" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about OTF, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as "anticipates," "expects," "intends," "plans," "will," "may," "continue," "believes," "seeks," "estimates," "would," "could," "should," "targets," "projects," "outlook," "potential," "predicts" and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond OTF's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in OTF's filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which OTF makes them. OTF does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.
INVESTOR CONTACTS
Investor Contact:
BDC Investor Relations
Michael Mosticchio
credit-ir@blueowl.com
Media Contact:
Prosek Partners
Josh Clarkson
pro-blueowl@prosek.com
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SOURCE Blue Owl Technology Finance Corp.