| Schedule of Tabular Form of Shares Issued During the Period |
The following table summarizes total Shares issued (including DRIP), related amounts and offering price for the share issuances during the year ended December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2025 |
|
|
|
|
Share Issuance Date |
|
Shares Issued |
|
|
Amount |
|
|
Offering Price |
|
January 2 |
|
|
1,191,393 |
|
|
$ |
30,975 |
|
|
$ |
26.00 |
|
February 3 |
|
|
2,949,039 |
|
|
|
77,358 |
|
|
|
26.23 |
|
March 3 |
|
|
2,030,616 |
|
|
|
53,745 |
|
|
|
26.47 |
|
April 1 |
|
|
3,273,944 |
|
|
|
85,158 |
|
|
|
26.01 |
|
May 1 |
|
|
849,290 |
|
|
|
22,203 |
|
|
|
26.14 |
|
June 2 |
|
|
3,052,634 |
|
|
|
80,595 |
|
|
|
26.40 |
|
July 1 |
|
|
2,115,437 |
|
|
|
54,956 |
|
|
|
25.98 |
|
August 1 |
|
|
3,886,374 |
|
|
|
101,893 |
|
|
|
26.22 |
|
September 2 |
|
|
3,624,185 |
|
|
|
95,775 |
|
|
|
26.43 |
|
October 1 |
|
|
5,788,054 |
|
|
|
150,794 |
|
|
|
26.05 |
|
November 3 |
|
|
1,211,918 |
|
|
|
31,835 |
|
|
|
26.27 |
|
December 1 |
|
|
6,688,332 |
|
|
|
177,095 |
|
|
|
26.48 |
|
Total issuance of shares |
|
|
36,661,216 |
|
|
$ |
962,382 |
|
|
|
|
The following table summarizes total Shares issued (including DRIP), related amounts and offering price for the share issuances during the year ended December 31, 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2024 |
|
|
|
|
Share Issuance Date |
|
Shares Issued |
|
|
Amount |
|
|
Offering Price |
|
January 2 |
|
|
1,166,604 |
|
|
$ |
30,032 |
|
|
$ |
25.74 |
|
February 1 |
|
|
809,925 |
|
|
|
21,040 |
|
|
|
25.98 |
|
March 1 |
|
|
1,653,938 |
|
|
|
43,355 |
|
|
|
26.21 |
|
April 1 |
|
|
1,873,293 |
|
|
|
48,379 |
|
|
|
25.83 |
|
May 1 |
|
|
559,944 |
|
|
|
14,583 |
|
|
|
26.04 |
|
June 3 |
|
|
2,570,861 |
|
|
|
67,500 |
|
|
|
26.26 |
|
July 1 |
|
|
2,818,437 |
|
|
|
72,888 |
|
|
|
25.86 |
|
August 1 |
|
|
1,008,595 |
|
|
|
26,390 |
|
|
|
26.17 |
|
September 3 |
|
|
1,044,222 |
|
|
|
27,540 |
|
|
|
26.37 |
|
October 1 |
|
|
4,005,990 |
|
|
|
103,987 |
|
|
|
25.96 |
|
November 1 |
|
|
2,744,066 |
|
|
|
71,925 |
|
|
|
26.21 |
|
December 2 |
|
|
2,256,566 |
|
|
|
59,622 |
|
|
|
26.42 |
|
Total issuance of shares |
|
|
22,512,441 |
|
|
$ |
587,241 |
|
|
|
|
The following table summarizes total Shares issued (including DRIP), related amounts and offering price for the share issuances for the period from April 3, 2023 (commencement of operations) to December 31, 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the period from April 3, 2023
(commencement of operations)
to December 31, 2023 |
|
|
|
|
Share Issuance Date |
|
Shares Issued |
|
|
Amount |
|
|
Offering Price |
|
April 3 |
|
|
741,800 |
|
|
$ |
18,545 |
|
|
$ |
25.00 |
|
May 1 |
|
|
2,094,666 |
|
|
|
52,755 |
|
|
|
25.19 |
|
June 1 |
|
|
39,235 |
|
|
|
1,000 |
|
|
|
25.49 |
|
July 3 |
|
|
3,006,930 |
|
|
|
77,500 |
|
|
|
25.77 |
|
August 1 |
|
|
3,111,443 |
|
|
|
80,900 |
|
|
|
26.00 |
|
September 1 |
|
|
689,268 |
|
|
|
18,080 |
|
|
|
26.23 |
|
October 2 |
|
|
985,277 |
|
|
|
25,390 |
|
|
|
25.77 |
|
November 1 |
|
|
1,227,580 |
|
|
|
31,911 |
|
|
|
26.00 |
|
December 1 |
|
|
1,053,681 |
|
|
|
27,622 |
|
|
|
26.21 |
|
Total issuance of shares |
|
|
12,949,880 |
|
|
$ |
333,703 |
|
|
|
|
|
| Schedule of Dividend Distribution Declared |
The following table identifies distributions declared for the year ended December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
Date Declared |
|
Record Date |
|
Payment Date |
|
Distribution Per Share |
|
|
Distribution Amount |
|
March 25, 2025 |
|
March 28, 2025 |
|
April 30, 2025 |
|
$ |
0.67 |
|
|
$ |
27,750 |
|
May 7, 2025 |
|
June 27, 2025 |
|
August 1, 2025 |
|
|
0.64 |
|
|
|
30,915 |
|
August 11, 2025 |
|
September 29, 2025 |
|
October 31, 2025 |
|
|
0.61 |
|
|
|
35,321 |
|
November 11, 2025 |
|
December 30, 2025 |
|
January 30, 2026 |
|
|
0.605 |
|
|
|
43,330 |
|
The following table identifies distributions declared for the year ended December 31, 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
Date Declared |
|
Record Date |
|
Payment Date |
|
Distribution Per Share |
|
|
Distribution Amount |
|
March 14, 2024 |
|
March 29, 2024 |
|
April 30, 2024 |
|
$ |
0.65 |
|
|
$ |
10,777 |
|
May 7, 2024 |
|
June 28, 2024 |
|
July 31, 2024 |
|
|
0.65 |
|
|
|
14,030 |
|
August 8, 2024 |
|
September 30, 2024 |
|
October 31, 2024 |
|
|
0.65 |
|
|
|
17,155 |
|
November 11, 2024 |
|
December 30, 2024 |
|
January 30, 2025 |
|
|
0.65 |
|
|
|
22,954 |
|
The following table identifies distributions declared during the period from April 3, 2023 (commencement of operations) to December 31, 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
Date Declared |
|
Record Date |
|
Payment Date |
|
Distribution Per Share |
|
|
Distribution Amount |
|
August 3, 2023 |
|
September 29, 2023 |
|
November 1, 2023 |
|
|
0.72 |
|
|
$ |
7,000 |
|
November 2, 2023 |
|
December 31, 2023 |
|
January 31, 2024 |
|
|
0.65 |
|
|
|
8,418 |
|
|
| Schedule of the Capital Activity |
The following table summarizes the capital activity during the years/period noted:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Period from |
|
|
|
|
|
|
|
|
April 3, 2023 |
|
|
|
|
|
|
|
|
(commencement |
|
|
Year Ended |
|
|
Year Ended |
|
|
of operations) to |
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
|
December 31, 2023 |
|
Shares outstanding as of December 31, 2024 and 2023, and April 3, 2023, respectively |
|
35,246,926 |
|
|
|
12,950,280 |
|
|
|
400 |
|
|
|
|
|
|
|
|
|
|
Shares issued in Private Offerings |
|
34,498,636 |
|
|
|
21,350,370 |
|
|
|
12,701,320 |
|
Shares issued in connection with DRIP |
|
2,162,580 |
|
|
|
1,162,071 |
|
|
|
248,560 |
|
Shares repurchased |
|
(293,949 |
) |
|
|
(215,795 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
Shares outstanding as of December 31, 2025, 2024 and 2023, respectively |
|
71,614,193 |
|
|
|
35,246,926 |
|
|
|
12,950,280 |
|
|