UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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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):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b- 2 of this chapter).
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 8.01 Other Events.
BIP Ventures Evergreen BDC Portfolio Update
On April 30, 2025, BIP Ventures Evergreen BDC (the “Company”) distributed a summary of its investment portfolio as of March 31, 2025, to existing shareholders in preparation for the BIP Ventures Investor Event, which was held on May 1, 2025. A summary of the investment portfolio as of March 31, 2025, is being furnished as below.
| March 31, 2025 | |||||||||||||||
| Investment | Industry | Security Type | Interest Rate | Cost | Fair Value | ||||||||||
| Integrative Life Network, LLC | Healthcare | Common stock | N/A | $ | 796,904 | $ | 796,904 | ||||||||
| Korio, Inc. | Healthcare | Preferred stock | N/A | 3,500,000 | 3,500,000 | ||||||||||
| Kythera Labs, Inc. | Healthcare | Senior secured convertible note | 12% | 4,250,000 | 4,250,000 | ||||||||||
| Mediafly, Inc. | Enterprise SaaS | Senior secured convertible note | 10% | 48,500,000 | 57,254,506 | ||||||||||
| Peregrine Health, Inc. | Healthcare | Preferred stock and common stock warrants | N/A | 8,585,000 | 8,585,000 | ||||||||||
| Pointivo, Inc. | Software Tools | Senior secured convertible note | 10% | 1,500,000 | 2,036,775 | ||||||||||
| CareSave Technologies, Inc. (d/b/a ShiftMed) | Technology-Enabled Marketplace | Preferred stock | N/A | 11,999,481 | 19,139,257 | ||||||||||
| Totals | $ | 79,131,385 | $ | 95,562,442 | |||||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| BIP Ventures Evergreen BDC | ||
| Date: May 5, 2025 | By: |
/s/ Mark Buffington |
| Mark Buffington | ||
| Chairman of the Board and Chief Executive Officer | ||
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