SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2022

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 12 — SUBSEQUENT EVENTS

Investment Portfolio

New and Add-On Investments

Activity Type	Date	Company Name	Company Description	Investment Amount	Instrument Type
New Investment	October 12, 2022	NINJIO, LLC	Cybersecurity awareness and training platform	$5,000,000	First lien term loan
				$100,000	Revolver commitment
				$100,000	Delayed draw term loan commitment
				$313,253	Equity investment

Full Repayments and Realizations

Activity Type	Date	Company Name	Company Description	Proceeds Received	Realized Gain	Instrument Type
Full Realization	October 17, 2022	EC Defense Holdings, LLC	Existing portfolio company	$1,159,638	$950,000	Equity investment

Credit Facility

The outstanding balance under the Credit Facility as of November 3, 2022 was $206,828,283.

Dividends Declared

On October 4, 2022, the Board declared a regular monthly dividend for each of October 2022, November 2022 and December 2022 as follows:

	Ex-Dividend	Record	Payment	Amount per
Declared	Date	Date	Date	Share
10/04/2022	10/28/2022	10/31/2022	11/15/2022	$	0.0933
10/04/2022	11/29/2022	11/30/2022	12/15/2022	$	0.0933
10/04/2022	12/15/2022	12/16/2022	12/29/2022	$	0.0933

On October 4, 2022, the Board declared an additional monthly dividend for each of October 2022, November 2022 and December 2022 as follows:

	Ex-Dividend	Record	Payment	Amount per
Declared	Date	Date	Date	Share
10/04/2022	10/28/2022	10/31/2022	11/15/2022	$	0.02
10/04/2022	11/29/2022	11/30/2022	12/15/2022	$	0.02
10/04/2022	12/15/2022	12/16/2022	12/29/2022	$	0.02

Custody Agreement

Ðn November 2, 2022, the Company's SBIC Subsidiary, a wholly owned subsidiary of the Company, entered into a Custody Agreement, dated as of November 2, 2022 (the "Frost Agreement”), with Frost Bank (“Frost”), pursuant to which Frost was appointed as a custodian to hold certain securities, loans, cash, and other assets on behalf of the SBIC Subsidiary. Either party may terminate the Frost Agreement at any time upon sixty (60) days’ prior written notice.