SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2024

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 12 — SUBSEQUENT EVENTS

The Company’s management has evaluated subsequent events through the date of issuance of the financial statements included herein. There have been no subsequent events that require recognition or disclosure in these financial statements except for the following described below.

Investment Portfolio

The Company invested in the following portfolio companies subsequent to March 31, 2024:

Activity Type	Date	Company Name	Company Description	Investment Amount		Instrument Type
New Investment	April 1, 2024	FairWave Holdings, LLC	Specialty coffee platform	$	7,615,265	Senior Secured – First Lien
				$	2,665,343	Delayed Draw Term Loan Commitment
				$	1,142,290	Revolver Commitment
				$	285,572	Equity
New Investment	April 11, 2024	WER Holdings, LLC	Regional provider of commercial landscaping services	$	2,704,164	Senior Secured – First Lien
				$	1,338,695	Delayed Draw Term Loan Commitment
				$	401,609	Revolver Commitment
				$	180,300	Equity
Add-On Investment	April 16, 2024	Impact Home Services LLC*	Residential garage door, electrical, and plumbing services provider	$	8,932	Equity
				$	90,773	Senior Secured – First Lien
Add-On Investment	April 22, 2024	Exacta Land Surveyors, LLC*	Provider of land survey and field management services to facilitate real estate transactions	$	2,164	Equity

* Existing portfolio company

The Company realized the following portfolio company investment subsequent to March 31, 2024:

Activity Type	Date	Company Name	Company Description	Proceeds Received		Realized Gain		Instrument Type
Full Repayment	May 1, 2024	Nutritional Medicinals, LLC*	Manufacturer and distributor of organic whole food, plant-based feeding tube formulas and meal replacement kits.	$	11,421,291	$	-	Senior Secured – First Lien
				$	2,950,929	$	1,978,126	Equity

* Existing portfolio company

Credit Facility

The outstanding balance under the Credit Facility as of May 9, 2024 was $172,500,000.

Dividends Declared

On April 3, 2024, the Board declared a regular monthly dividend for each of April 2024, May 2024, and June 2024 as follows:

	Ex-Dividend	Record	Payment	Amount per
Declared	Date	Date	Date	Share
4/3/2024	4/29/2024	4/30/2024	5/15/2024	$	0.1333
4/3/2024	5/31/2024	5/31/2024	6/14/2024	$	0.1333
4/3/2024	6/28/2024	6/28/2024	7/15/2024	$	0.1333