EIIA Eagle Point Institutional Income Fund

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE TO

 

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

FINAL AMENDMENT

 

 

Eagle Point Institutional Income Fund

(Name of Subject Company (Issuer))

 

Eagle Point Institutional Income Fund

(Name of Filing Person(s) (Issuer))

 

SHARES OF BENEFICIAL INTEREST

(Title of Class of Securities)

 

269819108

(CUSIP Number of Class of Securities)

 

Eagle Point Credit Management LLC

600 Steamboat Road, Suite 202

Greenwich, CT 06830

(203) 340-8500

(Name, Address, and Telephone Number of Person Authorized to Receive Notices

and Communications on Behalf of the Filing Person(s))

 

 

COPIES TO:

 

	Thomas J. Friedmann, Esq.	Philip T. Hinkle, Esq.
	Dechert LLP	Alexander C. Karampatsos, Esq.
	One International Place, 40th Floor	Dechert LLP
	100 Oliver Street	1900 K Street, NW
	Boston, MA 02110	Washington, DC 20006
	(617) 728-7120	(202) 261-3300

 

¨	Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the statement relates:
¨	third-party tender offer subject to Rule 14d-1.
x	issuer tender offer subject to Rule 13e-4.
¨	going-private transaction subject to Rule 13e-3.
¨	amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results of the tender offer:  x

 

 

 

This final amendment relates to the Issuer Tender Offer Statement on Schedule TO (the “Statement”) originally filed with the Securities and Exchange Commission on November 29, 2024 by Eagle Point Institutional Income Fund (the “Fund”) in connection with an offer (the “Offer”) by the Fund to purchase shares of beneficial interest (“Shares”) in an amount up to 5% of the Fund’s net asset value, calculated as of the calendar quarter end immediately prior to the date of the Statement, on the terms and subject to the conditions set forth in the Offer to Purchase and the related Letter of Transmittal. Copies of the Offer to Purchase and Letter of Transmittal were previously filed as Exhibits (b) and (c) to the Statement on November 29, 2024.

 

This is the final amendment to the Statement and is being filed to report the results of the Offer. The following information is furnished pursuant to Rule 13e-4(c)(4):

 

1.

Holders of Shares in the Fund (“Shareholders”) that desired to tender Shares or a portion thereof, for purchase were required to submit their tenders by 5:00 p.m., Eastern Time, on December 30, 2024.

 

2.

As of the expiration of the Offer, a total of 336,515.70 Shares were validly tendered and not withdrawn at a price of $9.62 per Share (the “Tendered Shares”). As of January 22, 2025, in accordance with the terms of the Offer, the Company accepted for payment all of the Tendered Shares, for an aggregate purchase price of $3,237,281.09.

 

 

SIGNATURE

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.

 

	EAGLE POINT INSTITUTIONAL INCOME FUND
	By:	/s/ Kenneth P. Onorio
	Name:	Kenneth P. Onorio
	Title:	Chief Financial Officer
	Date:	January 23, 2025

 

 

Exhibit A

 

Calculation of Filing Fee Tables

 

SC TO-I

(Form Type)

 

Eagle Point Institutional Income Fund

(Exact Name of Registrant as Specified in its Charter)

 

Table 1 – Transaction Valuation

 

		Transaction Valuation				Fee Rate				Amount of Filing Fee
Fees to Be Paid			—								—
Fees Previously Paid		$	4,605,353				0.00015310			$	705.08
Total Transaction Valuation		$	4,605,353
Total Fees Due for Filing										$	705.08
Total Fees Previously Paid											705.08
Total Fee Offsets											—
Net Fee Due										$	0

 

Table 2 – Fee Offset Claims and Sources

 

Registrant or Filer Name

Form or Filing Type

File Number

Initial Filing  Date

Filing  Date

Fee Offset Claimed

Fee Paid with Fee Offset Source

Fee Offset Claims

N/A

N/A

N/A

$0.00

Fee Offset Sources

N/A

N/A

N/A

N/A

$0.00

 

 

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