Risk Factors Update Summary
- Interest rates changes may affect cost of capital and net income, particularly with LIBOR replacement.
- Authorization for common stock issuance was shifted from 2023 to 2024.
- Staffing Agreement can now be terminated by either party with 60 days' notice.
- Increase in principal outstanding under debt from $175.0 million to $215.0 million.
- Net assets decreased from $419 million to $346 million, affecting cost of borrowings.
- Weighted average cost of borrowings changed from 5% to 6%.
- Portfolio companies may face delays due to supply chain disruptions and increased costs.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1580345&owner=exclude
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