Note 10. Subsequent Events

In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the filing of this Quarterly Report on Form 10-Q. The following subsequent events were identified for disclosure:

Share Issuance

As of October 1, 2026, the Company sold 263,438 Shares at a price of $34.79 per Share (with the final number of Shares being determined on October 14, 2026) to accredited investors in a private placement of Shares for an aggregate purchase price of $9,165,000.

Distributions

On October 15, 2026, the Company paid the distribution of $0.0157 per share to shareholders of record as of September 29, 2026, for a total amount of $80,256.

Share Repurchase Program

On October 15, 2026, the Company paid $3,661,366 to tendering shareholders in full settlement of the repurchase payable under the tender offer. This amount represents the NAV of the Shares accepted for purchase as of September 30, 2026, less the Early Repurchase Deduction where applicable.

Amendment to Investment Advisory Agreement

On November 3, 2026, the Company and the Investment Adviser entered into an amendment to the Investment Advisory Agreement to clarify that the Management Fee rate (1.75% or 1.50%, based on a $500,000,000 threshold) and the calculation of average net assets over the two most recently completed calendar quarters are each based on the Company’s net assets attributable to common shareholders. The Amendment will not affect the Management Fee, Incentive Fee or Incentive Allocation. The Amendment was approved by the Board, including a majority of the trustees who are not “interested persons” of the Company (as defined in the 1940 Act), on November 3, 2026. See Note 3 – Related Party Transactions.