• XAI Floating Rate & Alternative Income Trust launched a cash tender offer for up to 1,903,861 common shares, about 12.5% outstanding.
• Offer price set at 98% of NAV per share, calculated after the Oct. 19, 2026 expiration date.
• Shares tendered above the limit will be accepted on a pro rata basis.
• NAV was $22.95 on Sept. 11, 2026; the last NYSE sale price was $19.52, a 14.95% discount.
• Plan includes up to two follow-on tender offers over the next 25 months, subject to discount or NAV performance thresholds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XAI Floating Rate & Alternative Income Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609181930PRIMZONEFULLFEED9829911) on September 18, 2026, and is solely responsible for the information contained therein.