17. SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date on which these financial statements were issued. Other than the items listed below, there have been no subsequent events that occurred during such period that required adjustment or disclosure in the consolidated financial statements.

Payment of Dividend

On January 15, 2026, the Company paid its regular quarterly dividend of $0.47 per common share relating to the fourth quarter of 2025 to stockholders of record as of the close of business on December 31, 2025. The total amount of the cash dividend payment was approximately $9.8 million.

Investment Activity

During the period from January 1, 2026 to March 12, 2026, the Company advanced new gross loan principal of approximately $51.1 million, comprised of $16.2 million to new borrowers and $34.9 million to existing borrowers on delayed draw and revolving loan facilities.

Additionally, the Company received a total of approximately $40.4 million in loan repayments, comprised of $3.1 million in scheduled amortization payments, $4.4 million in partial prepayments, and $32.9 million from the full prepayments of Loan #1 and Loan #27, which included all accrued interest and fees due thereunder.

Revolving Loan

During the period from January 1, 2026 through March 12, 2026, the Company had net borrowings/(repayments) on the Revolving Loan of $8.0 million. As of March 12, 2026, the Company's Revolving Loan has an outstanding balance of $57.1 million and remaining borrowing availability of $52.9 million.