As of March 31, 2026 and December 31, 2025, the Company had an aggregate of $20.3 million and $21.5 million, respectively, of unfunded commitments to provide debt financing to its portfolio companies. As of each of March 31, 2026 and December 31, 2025, there were no capital calls or draw requests made by the portfolio companies to fund these commitments. Such commitments are generally up to the Company’s discretion to approve or are subject to the satisfaction of certain financial and nonfinancial covenants and involve, to varying degrees, elements of credit risk in excess of the amount recognized in the Company’s consolidated statements of assets and liabilities and are not reflected in the Company’s consolidated statements of assets and liabilities.

A summary of the composition of the unfunded commitments as of March 31, 2026 is shown in the table below:


	Expiration Date (1)	As of March 31, 2026
Azuria Water Solutions, Inc.	4/24/2028	$	352,941
American Rock Salt Company LLC	9/19/2026		304,582
Aptean Inc.	1/30/2031		407,516
Cooper's Hawk Intermediate Holding LLC	7/29/2027		368,421
Cooper's Hawk Intermediate Holding LLC	7/29/2031		368,421
Deerfield Dakota Holding, LLC	9/12/2032		685,714
Dwyer Instruments, LLC	7/21/2029		665,212
Edition Holdings Inc	12/20/2027		1,611,414
Galway Borrower LLC	2/7/2028		3,326,023
Galway Borrower LLC	9/30/2028		346,762
GC Ferry Acquisition Inc	8/16/2027		1,312,500
Lido Purchaser, Inc.	4/3/2028		2,222,222
Logrhythm, Inc.	7/2/2029		636,364
Minotaur Acquisition, Inc.	5/10/2030		697,674
MRI Software LLC	2/10/2027		477,278
Optimizely North America Inc.	10/30/2031		458,333
PT Intermediate Holdings III, LLC	4/8/2026		583,313
Radwell Parent, LLC	4/1/2030		1,316,591
Radwell Parent, LLC	4/1/2030		249,045
Raven Acquisition Holdings LLC	11/19/2026		200,468
US Fertility Enterprises, LLC	12/30/2027		657,895
USIC Holdings, Inc.	9/10/2026		46,152
USIC Holdings, Inc.	9/10/2031		42,303
Vacation Rental Brands, LLC	10/15/2027		2,948,778
Total unfunded commitments		$	20,285,922

(1)

Commitments are generally subject to borrowers meeting certain criteria such as compliance with covenants and certain operational metrics. These amounts may remain outstanding until the commitment period of an applicable loan expires, which may be shorter than its maturity.

A summary of the composition of the unfunded commitments as of December 31, 2025 is shown in the table below:


	Expiration Date (1)	As of December 31, 2025
American Rock Salt Company LLC	9/19/2026	$	304,582
Aptean Inc	1/30/2031		377,330
Cooper's Hawk Intermediate Holding LLC	7/29/2027		578,947
Cooper's Hawk Intermediate Holding LLC	7/29/2031		315,789
Deerfield Dakota Holding, LLC	9/12/2032		857,143
Dwyer Instruments, LLC	7/21/2029		768,720
Edition Holdings Inc	12/20/2027		1,786,600
Edition Holdings Inc	12/20/2027		953,466
Galway Borrower LLC	9/30/2028		461,641
Galway Borrower LLC	2/7/2026		3,530,286
GC Ferry Acquisition Inc	8/16/2027		1,312,500
Logrhythm, Inc.	7/2/2029		636,364
Minotaur Acquisition, Inc.	5/10/2030		697,674
MRI Software LLC	2/10/2027		509,096
National Mentor Holdings, Inc.	12/14/2026		2,700,000
Optimizely North America Inc.	10/30/2031		458,333
PT Intermediate Holdings III, LLC	4/8/2026		583,313
Raven Acquisition Holdings LLC	11/19/2026		200,468
US Fertility Enterprises, LLC	12/30/2027		657,895
USIC Holdings, Inc.	9/10/2026		63,572
USIC Holdings, Inc.	9/10/2031		171,052
Vacation Rental Brands, LLC	10/15/2027		3,611,111
Total unfunded commitments		$	21,535,882

(1)