Equity

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Equity

Equity

During each of the three months ended March 31, 2025 and 2024, the Company did not issue any shares of common stock through the Company’s private placement offering.

As of both March 31, 2025 and December 31, 2024, the Company had 23,689,363 shares of common stock outstanding. As of both March 31, 2025 and December 31, 2024, the Company had 525 shares of its Series A Preferred Stock outstanding.

As of March 31, 2025, the Company had received capital commitments totaling $386.8 million, of which $354.7 million had been funded, with the Company’s stockholders released from funding obligations for any remaining undrawn capital commitments effective upon the expiration of the Company’s investment period in December 2023, subject to limited exceptions set forth in the stockholders’ subscription agreements with the Company.