v3.26.1
Common Stock and Share Transactions
6 Months Ended
Jun. 30, 2026
Common Stock and Share Transactions [Abstract]  
Common Stock and Share Transactions

Note 7. Common Stock and Share Transactions

As of June 30, 2026, the Company had 100,000 shares of common stock authorized and 67,401 shares outstanding. As of June 30, 2026, Kayne Anderson owned 611 shares of the Company.

Common Stock Issuances

For the six months ended June 30, 2026, there were no capital stock shares issued related to capital call notices.

The following table summarizes the number of common stock shares issued and aggregate proceeds received from such issuances related to the Company’s capital call notices pursuant to subscription agreements with investors for the six months ended June 30, 2025.

 

For the six months ended June 30, 2025

 

Common stock issue date

 

Offering price
per share

 

 

Common stock
shares issued

 

 

Aggregate
offering amount

 

February 13, 2025

 

$

5,259

 

 

 

4,754

 

 

$

25,000

 

April 30, 2025

 

$

5,252

 

 

 

4,760

 

 

 

25,000

 

Total common stock issued

 

 

 

 

 

9,514

 

 

$

50,000

 

 

As of June 30, 2026, the Company had subscription agreements with investors for an aggregate capital commitment of $353,535 to purchase shares of common stock. Of this amount, the Company had $35,535 of undrawn commitments at June 30, 2026.

Dividends and Dividend Reinvestment

The following tables summarize the dividends declared and payable by the Company for the six months ended June 30, 2026 and 2025, respectively. See Note 12 – Subsequent Events.

For the six months ended June 30, 2026

 

Declaration date

 

Record date

 

Pay date

 

Dividend
per share

 

February 12, 2026

 

March 31, 2026

 

April 16, 2026

 

$

115

 

May 5, 2026

 

June 30, 2026

 

July 16, 2026

 

 

110

 

Total dividends declared

 

 

 

 

 

$

225

 

 

For the six months ended June 30, 2025

 

Declaration date

 

Record date

 

Pay date

 

Dividend
per share

 

February 19, 2025

 

March 31, 2025

 

April 15, 2025

 

$

132

 

May 1, 2025

 

June 30, 2025

 

July 16, 2025

 

 

118

 

Total dividends declared

 

 

 

 

 

$

250

 

 

The following tables summarize the amounts received and shares of common stock issued to shareholders pursuant to the Company’s dividend reinvestment plan (“DRIP”) for the six months ended June 30, 2026 and 2025, respectively. See Note 12 – Subsequent Events.

 

For the six months ended June 30, 2026

 

 

 

 

 

DRIP

 

 

DRIP

 

Record date

 

Pay date

 

shares issued

 

 

value

 

December 31, 2025

 

January 16, 2026

 

 

243

 

 

$

1,273

 

March 31, 2026

 

April 16, 2026

 

 

220

 

 

 

1,149

 

 

 

 

 

 

463

 

 

$

2,422

 

 

For the dividend with a record date of June 30, 2026 and paid on July 16, 2026, there were 212 shares issued with a DRIP value of $1,102. These shares are excluded from the table above, as the DRIP shares were issued after June 30, 2026.

For the six months ended June 30, 2025

 

 

 

 

 

DRIP

 

 

DRIP

 

Record date

 

Pay date

 

shares issued

 

 

value

 

December 31, 2024

 

January 15, 2025

 

203

 

 

$

1,070

 

March 31, 2025

 

April 15, 2025

 

 

212

 

 

 

1,114

 

 

 

 

 

415

 

 

$

2,184

 

 

For the dividend with a record date of June 30, 2025 and paid on July 16, 2025, there were 206 shares issued with a DRIP value of $1,083. These shares are excluded from the table above, as the DRIP shares were issued after June 30, 2025.