Total Q1 2024 Investments: $10,542,281
Funded new investment $3.2 million, consisting of a $3.0 million term loan at 14% and a $205,000 equity investment
Funded new debt investment of $5.5 million at 14% including PIK.
Funded new debt investment of $5.5 million at 14% including PIK.
Total debt and equity investments at a fair value of $7.8 million.
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