12. SUBSEQUENT EVENTS

Subsequent events have been evaluated through the date the financial statements were available to be issued. Other than the items discussed below, the Company has concluded that there is no impact requiring adjustment or disclosure in the financial statements.

The Board set distributions for the quarter ending June 30, 2026 at a rate of $0.25 per share. The full amount of each distribution will be from distributable earnings. The distribution will be payable on June 30, 2026 to stockholders of record as of June 15, 2026. The distribution will be paid in cash.

On April 27, 2026, the Company caused a notice to be issued to the holders of the GECCO Notes regarding the Company's exercise of its option to redeem $18.6 million aggregate principal amount of the issued and outstanding GECCO Notes on May 27, 2026.

Effective April 2026, GECM waived all accrued and unpaid incentive fees through June 30, 2026.