Total Q4 2023 Investments: $2,273,000
Funded follow-on debt investment of $2.2 million
Funded follow-on equity investment of $73,000
Total Q3 2023 Investments: $7,820,000
Funded $3.0 million of senior debt at 12% (+4% PIK) and $1.0 million preferred equity investment, which will carry a 12% dividend
Funded $3.4 million subordinated note at 13% and $420,000 interest earning convertible note
Total Q2 2023 Investments: $4,690,000
Funded $4.3 million, consisting of $3.3 million of senior subordinated debt and $1.0 million of preferred equity
Follow on debt investment of $390,000
Total debt and equity investment in ITA had a fair value of $4.0 million at quarter-end
Total Q1 2023 Investments: $5,550,000
Funded $3.0 million in subordinated debt
Follow on debt investment of $2.3 million in combination with an equity sale of $210,000
Total debt and equity investment in FSS had a fair value of $5.2 million at quarter-end
Equity investment of $250,000 in Tilson Technologies’ asset ownership affiliate SQF, LLC
Total debt and equity investment in Tilson and affiliated entities had a fair value of $10.6 million at quarter-end