Blue Owl Technology Income Corp.

0001869453 FALSE 0001869453 2026-08-24 2026-08-24 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): August 24, 2026 BLUE OWL TECHNOLOGY INCOME CORP . (Exact name of Registrant as Specified in Its Charter) Maryland 814-01445 87-1346173 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 399 Park Avenue New York , NY 10022 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: ( 212 ) 419-3000 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 (see General Instructions A.2. below): ☐ 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: Title of each class Trading Symbol(s) Name of each exchange on which registered None None None Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company ☒ 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 Sale of Equity Securities As of August 3, 2026, Blue Owl Technology Income Corp. (the “ Company ,” “ we ” or “ us ”) sold unregistered shares of its Class I common stock to feeder vehicles primarily created to hold the Company’s Class I shares. The offer and sale of these Class I shares was exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) and/or Regulation S thereunder (the “ Private Offering ”). The following table details the shares sold: Date of Unregistered Sale Approximate Number of Shares of Class I Common Stock Consideration As of August 3, 2026 (number of shares finalized on August 24, 2026) 136,101 $ 1,316,100 Item 8.01. Other Events. Distribution On August 4, 2026, the Company’s board of directors declared the following monthly distribution payable on or before September 30, 2026, October 30, 2026, and November 30, 2026 to shareholders of record as of August 31, 2026, September 30, 2026, and October 30, 2026. Class of Common Shares Gross Distributions Shareholder Servicing Fee 1 Net Distributions 1 Class S $ 0.074775 $ 0.006981 $ 0.067794 Class D $ 0.074775 $ 0.002053 $ 0.072722 Class I $ 0.074775 $ 0.000000 $ 0.074775 Status of the Offering The Company is currently publicly offering on a continuous basis up to $5.0 billion (the “ Current Offering ”) in shares of Class S, Class D and Class I common stock (the “ Shares ”) and previously offered on a continuous basis up to $5.0 billion in Shares (the “ Initial Offering ” and together with the Current Offering, the “ Offering ”). Additionally, the Company has sold unregistered Shares as part of the Private Offering. The following table lists the Shares issued and total consideration for both the Offering and the Private Offering as of the date of this filing. The table below does not include Shares issued through the Company’s distribution reinvestment plan. Offering Common Shares Issued Total Consideration Class S Shares 94,962,552 $ 981,563,473 Class D Shares 3,430,023 35,054,508 Class I Shares 44,695,810 458,944,475 Private Offering Class I Shares 253,249,125 2,590,174,735 Total Offering and Private Offering 2 396,337,510 $ 4,065,737,191 1 Based on July 31, 2026 net asset value. 2 Includes seed capital of $1,000 contributed by Blue Owl Technology Credit Advisors LLC, an affiliate of Blue Owl Technology Credit Advisors II LLC (the “ Adviser ”), in September 2021 and approximately $50.0 million in gross proceeds raised from entities affiliated with the Adviser. August 3, 2026 Public Offering Price In accordance with the Company’s share pricing policy, we intend to sell our shares on the first business day of each month at a net offering price that we believe reflects the net asset value (“NAV”) per share at the end of the preceding month. The August 3, 2026 public offering price for each of our share classes is equal to such class’s NAV per share as of July 31, 2026, plus applicable maximum upfront sales load. As of July 31, 2026, the Company’s aggregate NAV was $2.7 billion. Net Asset Value (per share) Class S $9.67 Class D $9.67 Class I $9.67 Performance Update The table below summarizes the Company’s Class I common share returns for the following periods as of July 31, 2026: 1-month 3-month Year-to-Date 1-year 3-year Inception-to-Date Total net return 3 0.5 % 0.6 % (1.8) % 2.0 % 7.8 % 8.8 % Through July 31, 2026, the Company’s Class I shares have also outperformed public credit alternatives, exceeding the Morningstar LSTA U.S. Leveraged Loan Index by 196 basis points, the Bloomberg U.S. Corporate High Yield Index by 218 basis points, and the Bloomberg U.S. Aggregate Bond Index by 663 basis points since inception 4 . As of July 31, 2026 the Company’s annualized distribution rate for Class I Common Shares is 9.3% 5 . 3 Past performance is not a guarantee of future results. Returns are compounded monthly. Total return is calculated as the change in monthly NAV (assuming any dividends and distributions, net of shareholder servicing fees, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV. Returns greater than one year are annualized. Returns reflect reinvestments of distributions and the deduction of ongoing expenses that are borne by investors, such as management fees, incentive fees, servicing fees, interest expense, offering costs, professional fees, director fees and other general and administrative expenses. An investment in the Company is subject to a maximum upfront sales load (Class S: 3.5%, Class D: 1.5%, Class I: No sales load) which will reduce the amount of capital available for investment. Operating expenses may vary in the future based on the amount of capital raised, the Adviser’s election to continue expense support, and other unpredictable variables. Returns since inception (ITD) are based on the inception date of the respective share class, which for Class S, Class D and Class I are May 2, 2022. Class S (With Max Sales Load): (3.0)% (1-mo), (3.1)% (3-mo), (5.6)% (YTD), (2.3)% (1-yr), 5.7% (3-yr), 7.0% (ITD) Class S (No Sales Load): 0.4% (1-mo), 0.3% (3-mo), (2.3)% (YTD), 1.1% (1-yr), 6.9% (3-yr), 7.9% (ITD) Class D (With Max Sales Load): (1.0)% (1-mo), (1.0)% (3-mo), (3.4)% (YTD), 0.2% (1-yr), 7.0% (3-yr), 8.1% (ITD) Class D (No Sales Load): 0.4% (1-mo), 0.5% (3-mo), (1.9)% (YTD), 1.7% (1-yr), 7.5% (3-yr), 8.5% (ITD) 4 Source: Bloomberg. The Morningstar LSTA U.S. Leveraged Loan Index is designed to reflect the market-weighted performance of U.S. institutional leveraged loans. The Bloomberg U.S. Corporate High Yield Index measures the USD-denominated, high yield, fixed-rate corporate bond market. The Bloomberg U.S. Aggregate Bond index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, mortgage-backed securities, asset backed securities and commercial mortgage