| Commitments and Contingencies |
Note 8. Commitments and Contingencies The Company had an aggregate of $39,859 and $40,922, respectively, of unfunded commitments, including $28,669 and $27,373, respectively, of unfunded commitments on revolvers, to provide debt financing to its portfolio companies as of March 31, 2026 and December 31, 2025. These commitments are not reflected in the Company’s consolidated statements of assets and liabilities but are generally incorporated into the Company’s determination of its liquidity. Consequently, such commitments result in an element of credit risk in excess of the amount recognized in the Company’s consolidated statements of assets and liabilities. The Company’s unfunded revolving commitments are generally available on a borrower’s demand and may remain outstanding until the maturity date of the underlying senior secured loan. The Company’s unfunded delayed draw term loan commitments are generally subject to the satisfaction of certain financial and nonfinancial covenants and certain operational metrics. The commitment period for unfunded delayed draw term loan commitments may be shorter than the maturity date if drawn or funded. A summary of the composition of the unfunded commitments as of March 31, 2026 and December 31, 2025 is shown in the table below.
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|
|
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As of |
|
|
As of |
|
|
|
March 31, 2026 |
|
|
December 31, 2025 |
|
Aegis Toxicology Sciences Corporation |
|
$ |
1,065 |
|
|
$ |
1,065 |
|
Aeritek Global Holdings LLC |
|
|
176 |
|
|
|
133 |
|
Alcami Corporation |
|
|
377 |
|
|
|
432 |
|
Allcat Claims Service, LLC |
|
|
2,395 |
|
|
|
2,395 |
|
Allentown, LLC |
|
|
185 |
|
|
|
276 |
|
American Equipment Holdings LLC |
|
|
423 |
|
|
|
634 |
|
Bloomington Holdings, LP (BW Fusion) |
|
|
1,864 |
|
|
|
1,193 |
|
BLP Buyer, Inc. (Bishop Lifting Products) |
|
|
71 |
|
|
|
163 |
|
Brightview, LLC |
|
|
1,411 |
|
|
|
26 |
|
Carton Packaging Buyer, Inc. (Century Box) |
|
|
447 |
|
|
|
447 |
|
CCFF Parent, LLC (California Custom Fruits) |
|
|
1,727 |
|
|
|
1,757 |
|
CGI Automated Manufacturing, LLC |
|
|
160 |
|
|
|
160 |
|
CI (MG) Group LLC (Mariani Premier Group) |
|
|
1,085 |
|
|
|
1,093 |
|
City Line Distributors LLC |
|
|
533 |
|
|
|
533 |
|
CMT Intermediate Holdings, LLC (Capital Machine) |
|
|
756 |
|
|
|
756 |
|
CREO Group Inc. (HMS Manufacturing) |
|
|
75 |
|
|
|
182 |
|
Curio Brands, LLC |
|
|
568 |
|
|
|
568 |
|
Del-Air Heating, Air Conditioning & Refrigeration |
|
|
686 |
|
|
|
686 |
|
DISA Holdings Corp. |
|
|
198 |
|
|
|
277 |
|
Diverzify Intermediate, LLC |
|
|
- |
|
|
|
811 |
|
ECS Opco 1, LLC (Spectrum Vascular) |
|
|
629 |
|
|
|
630 |
|
Envirotech Services, LLC |
|
|
1,180 |
|
|
|
1,180 |
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Fastener Distribution Holdings, LLC |
|
|
871 |
|
|
|
871 |
|
Gage CR Acquisition, LLC |
|
|
1,050 |
|
|
|
1,050 |
|
Guardian Dentistry Practice Management, LLC |
|
|
1,390 |
|
|
|
62 |
|
Gulf Pacific Acquisition, LLC |
|
|
129 |
|
|
|
77 |
|
IF&P Foods, LLC (FreshEdge) |
|
|
43 |
|
|
|
256 |
|
Improving Acquisition, LLC |
|
|
295 |
|
|
|
295 |
|
Integrated Dermatology |
|
|
2,020 |
|
|
|
2,058 |
|
J&K Ingredients, LLC |
|
|
278 |
|
|
|
278 |
|
KAMC Holdings, Inc. (Franklin Energy) |
|
|
270 |
|
|
|
270 |
|
Krayden Holdings, Inc. |
|
|
435 |
|
|
|
423 |
|
Lakewood Acquisition Corporation (R&B Wholesale) |
|
|
1,803 |
|
|
|
1,803 |
|
LEM Buyer, Inc. (CFS Technologies Intermediate) |
|
|
268 |
|
|
|
383 |
|
Light Wave Dental Management, LLC |
|
|
63 |
|
|
|
63 |
|
LSL Industries, LLC |
|
|
448 |
|
|
|
448 |
|
MacNeill Pride Group Corp. |
|
|
346 |
|
|
|
346 |
|
ML Buyer, LLC (Mama Lycha Foods, LLC) |
|
|
725 |
|
|
|
703 |
|
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
As of |
|
|
|
March 31, 2026 |
|
|
December 31, 2025 |
|
Monza Purchaser, LLC (Smyth) |
|
|
936 |
|
|
|
1,223 |
|
MRC Keystone Acquisition LLC (Automated Handling |
|
|
785 |
|
|
|
785 |
|
NMA Holdings, LLC (Neuromonitoring Associates) |
|
|
1,292 |
|
|
|
1,292 |
|
OAO Acquisitions, Inc. (BearCom) |
|
|
515 |
|
|
|
515 |
|
PGI Parent LLC (Prime Electric) |
|
|
160 |
|
|
|
178 |
|
PH Beauty Holdings III, Inc. |
|
|
352 |
|
|
|
352 |
|
Redwood MSO, LLC (Smile Partners) |
|
|
76 |
|
|
|
275 |
|
Project Tahoe Acquisition Corp (Norton Packaging) |
|
|
845 |
|
|
|
- |
|
Refocus Management Services, LLC |
|
|
323 |
|
|
|
966 |
|
RMH Systems, LLC |
|
|
1,571 |
|
|
|
1,571 |
|
The Robinette Company |
|
|
344 |
|
|
|
344 |
|
Ruff Roofers Buyer, LLC |
|
|
1,825 |
|
|
|
1,825 |
|
Speedstar Holding LLC |
|
|
111 |
|
|
|
111 |
|
Superior Intermediate LLC (Landmark Structures) |
|
|
597 |
|
|
|
1,885 |
|
Tapco Buyer LLC |
|
|
555 |
|
|
|
1,734 |
|
TL Atlas Merger Sub Corp. (Zep) |
|
|
1,430 |
|
|
|
838 |
|
United Titanium LLC |
|
|
768 |
|
|
|
768 |
|
US Masonry & Building Products Co. (f/k/a US Anchors Group, Inc.) |
|
|
506 |
|
|
|
1,054 |
|
Workholding US Holdings, LLC (Forkardt Hardinge) |
|
|
63 |
|
|
|
63 |
|
Worldwide Produce Acquisition, LLC |
|
|
360 |
|
|
|
360 |
|
|
|
$ |
39,859 |
|
|
$ |
40,922 |
|
From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. As of March 31, 2026 and December 31, 2025, management was not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.
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