SUBSEQUENT EVENTS |
9 Months Ended |
|---|---|
May 31, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS On June 4, 2026, the Company entered into an underwriting agreement with Moelis & Company, LLC and Cantor Fitzgerald & Co. in connection with an underwritten offering of 3,500,000 shares of the Company’s 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), par value $0.0001 per share, at a public offering price of $80.00 per share. Net proceeds from the offering were $273.8 million after deducting underwriting discounts and offering expenses. The Series A Preferred Stock is listed on the New York Stock Exchange under the symbol “BMNP". The Company declared cash dividends on Series A Preferred Stock of $0.32 per share and $0.11 per share on June 12, 2026 and June 30, 2026, respectively. The dividends were paid on June 22, 2026 and July 10, 2026, respectively.
|