v3.25.1
Net Assets
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Net Assets Net Assets
The Company has the authority to issue 200,000,000 shares of common stock, par value $0.01 per share. The Company issues shares of common stock in the Private Offering on an ongoing basis at an offering price generally equal to the net asset value per share. As of March 31, 2025, the Company has 18,030,278 issued and outstanding shares.
The Company issued and sold the following shares of common stock during the three months ended March 31, 2025 (amounts in thousands, except per share data):
For the Three Months Ended March 31, 2025
Number of Shares IssuedGross ProceedsUnderwriting Fees and Offering ExpensesNet ProceedsAverage Price/Share
3,090,23550,000—50,00016.18