v3.25.4
Subsequent Events
9 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
In preparation of the accompanying Consolidated Financial Statements, the Company has evaluated events and transactions that occurred after December 31, 2025 for recognition or disclosure purposes. Based on this evaluation, we identified the following subsequent events, from December 31, 2025 through the date the financial statements were issued.
Proceeds from the Issuance of Common Shares
From January 1, 2026, through the date the financial statements were issued, the Company sold an aggregate of 11,091,761 common shares (consisting of 6,604,775 Class S shares, 302,395 Class D shares, 4,101,360 Class I shares, and 83,230 Class E shares) resulting in net proceeds of $109,992 to the Company.
Issuance of Secured Term Notes
On March 3, 2026, Stack Infrastructure Issuer, LLC, an indirect wholly-owned subsidiary of the Company, issued $695,000 aggregate principal amount of Secured Data Center Revenue Term Notes, Series 2026-1 Class A-2 (the “Series 2026-1 Class A-2 Notes”) in a private placement. The notes have an interest rate of 5.0% and have an anticipated repayment date of March 25, 2031. The Company used the proceeds to repay certain outstanding secured fixed rate ABS loans and for other general corporate purposes.