# EDGAR Filing Document

**Accession Number:** 0001860424
**File Stem:** 0001193125-23-039110
**Filing Date:** 2023-2
**Character Count:** 8203
**Document Hash:** fafaf1e256f5689f20800023008a7828
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-039110.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001193125-23-039110

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Onex Falcon Direct Lending BDC Fund
- **CENTRAL INDEX KEY:** 0001860424
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93864
- **FILM NUMBER:** 23629316

**BUSINESS ADDRESS:**
- **STREET 1:** 21 CUSTOM HOUSE STREET
- **STREET 2:** 10TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** (617) 412-2700

**MAIL ADDRESS:**
- **STREET 1:** 21 CUSTOM HOUSE STREET
- **STREET 2:** 10TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Onex Falcon BDC Fund
- **DATE OF NAME CHANGE:** 20210504
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Onex Falcon Direct Lending BDC Fund
- **CENTRAL INDEX KEY:** 0001860424
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** 21 CUSTOM HOUSE STREET
- **STREET 2:** 10TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** (617) 412-2700

**MAIL ADDRESS:**
- **STREET 1:** 21 CUSTOM HOUSE STREET
- **STREET 2:** 10TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Onex Falcon BDC Fund
- **DATE OF NAME CHANGE:** 20210504

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, D.C. 20549** 

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**SCHEDULE TO** 

**(Rule 13e-4)** 

**TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OR 13(E)(1)** 

**OF THE SECURITIES EXCHANGE ACT OF 1934** 

**(Final Amendment)** 

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## Onex Falcon Direct Lending BDC Fund
**(Name of Issuer)** 

**Onex Falcon Direct Lending BDC Fund** 

**(Name of Person(s) Filing Statement)** 

**Common Shares of Beneficial Interest, Par Value $0.001 Per Share** 

**(Title of Class of Securities)** 

**N/A** 

**(CUSIP Number of class of securities)** 

**Steven Gutman** 

**21 Custom House Street, 10th Floor** 

**Boston, MA 02110** 

**(617) 412-2700** 

**(Name, Address and Telephone No. of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement)** 

***With a copy to:***

**Rajib Chanda** 

**Steven Grigoriou** 

**Simpson Thacher & Bartlett LLP** 

**900 G Street, N.W.** 

**Washington, DC 20001** 

**January 13, 2023** 

**(Date Tender Offer First Published, Sent or Given to Security Holders)** 

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☐ Check the box if the filing relates solely to preliminary communications made before 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;☒ 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: ☒

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This Final Amendment relates to the Issuer Tender Offer Statement on Schedule TO (the "Statement") originally filed on January 13, 2023 by Onex Falcon Direct Lending BDC Fund (the "Company") in connection with an offer by the Company (the "Offer") to purchase up to 622,786 of its outstanding shares of beneficial interest (the "Shares") at a price equal to the net asset value per Share as of December 31, 2022 (the "Valuation Date"), upon the terms and subject to the conditions set forth in the Offer to Purchase filed as Exhibit (a)(1)(i) to the Statement (the "Offer to Purchase").

This is the Final Amendment to the Statement and is being filed to report the results of the Offer. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Offer to Purchase.

The following information is furnished pursuant to Rule 13e-4(c)(4):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Offer expired at 11:59 p.m., Eastern Time, on February 10, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. 418,188.647 Shares of the Company were validly tendered and not withdrawn prior to the expiration of the Offer.
The Company accepted for purchase 100% of the Shares of the Company that were validly tendered and not withdrawn prior to the expiration of the Offer as permitted by Rule 13e-4(f)(1) of the Securities Exchange
Act of 1934, as amended.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The net asset value of Shares tendered pursuant to the Offer was calculated as of the Valuation Date in the
amount of $10,270,713.17.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The payment of the purchase price of the Shares tendered was made on February 13, 2023 to the Shareholders
whose tenders were accepted for purchase by the Company in accordance with the terms of the Offer.

Except as specifically provided herein, the information contained in the Statement, as amended, and the Transmittal Letter remains unchanged and this Amendment does not modify any of the information previously reported on the Statement, as amended, or the Transmittal Letter.

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**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.

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| | |
|:---|:---|
| ONEX FALCON DIRECT LENDING BDC FUND | ONEX FALCON DIRECT LENDING BDC FUND |
| By: | /s/ Steven Gutman |
| Name: | Steven Gutman |
| Title: | Secretary and General Counsel |

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Dated: February 14, 2023

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EXHIBIT INDEX

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| | |
|:---|:---|
| EXHIBIT |  |
| EX-FILING FEES | Calculation of Filing Fee Tables |

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## Ex-Filing

**EX-Filing Fees** 

**Calculation of Filing Fee Tables** 

**SC TO-I** 

(Form Type)

**Onex Falcon Direct Lending BDC Fund** 

(Exact Name of Registrant as Specified in its Charter)

**Table 1 – Transaction Value** 

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| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transaction <br> Valuation | Fee<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;rate  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amount of <br> Filing Fee |
| &nbsp;&nbsp;&nbsp; Fees to Be Paid | $10270713.17<sup>(a)</sup> | $110.20 | $1131.83 |
| &nbsp;&nbsp;&nbsp; Fees Previously Paid | $15276940.60 | $110.20 | $1683.52<sup>(b)</sup> |
| &nbsp;&nbsp;&nbsp; **Total Transaction Valuation** | $10270713.17 |  | $1131.83 |
| &nbsp;&nbsp;&nbsp; **Total Fees Due for Filing** |  |  | $1131.83 |
| &nbsp;&nbsp;&nbsp; **Total Fees Previously Paid** |  |  | $1683.52 |
| &nbsp;&nbsp;&nbsp; **Total Fee Offsets** |  |  |  |
| &nbsp;&nbsp;&nbsp; **Net Fee Due** |  |  | $0 |

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(a) The transaction value is calculated as the aggregate maximum purchase price for Shares. The fee of $1,683.52
was paid in connection with the filing of the Schedule TO-I by Onex Falcon Direct Lending BDC Fund (File No. 005-93864) on January 13, 2023 (the "Schedule
TO"). This is the final amendment to the Schedule TO and is being filed to report the results of the offer.

(b) Calculated at $110.20 per $1,000,000 of the Transaction Valuation, pursuant to Rule 0-11 of the Securities Exchange Act of 1934, as amended.

**Table 2 – Fee Offset Claims and Sources** 

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Registrant<br> or Filer<br> Name | Form<br> or<br> Filing<br> Type | File<br> Number | Initial<br> Filing<br> Date | Filing<br> Date | Fee<br> Offset<br> Claimed | Fee<br> Paid<br> with<br> Fee<br> Offset<br> Source |
| &nbsp;&nbsp;&nbsp; Fee Offset<br> Claims | Onex<br>Falcon<br>Direct<br>Lending<br>BDC<br>Fund | SC<br>TO-I | 005-93864 | January 13,<br>2023 |  | $1683.52 |  |
| &nbsp;&nbsp;&nbsp; Fee Offset<br> Sources |  |  |  |  | January 13,<br>2023 |  | $1683.52 |

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