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PRINCETON CAPITAL CORP (PIAC)

Princeton Capital Corp. is a closed-end, externally managed business development company specializing in private equity investments. It provides debt-financing solutions across all levels of the capital structure to U.S. lower middle-market firms. The company was founded in 1959 and is headquartered in North Andover, MA.

Industry: Asset Management

Princeton Capital Corporation logo

Princeton Capital Corporation

OTC:PIACFinancial Services
Mkt Cap-
Float5M
O/S120.49M
Inst Own-
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap--
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--

based on 120.49M shares outstanding

SectorFinancial Services
IndustryAsset Management
ExchangeOTC
CountryUSUS
IPO DateJul 19, 1994
Shares Outstanding120.49M
Float5.00M
Company Overview

Princeton Capital Corporation functions as a business development company, primarily focused on private equity endeavors.

Its investment strategy is directed towards the lower middle market, where it provides a diverse array of financing solutions. These include mezzanine debt, first and second lien loans, subordinated notes, bonds, and various structured investments such as leveraged buyouts, add-on acquisitions, recapitalizations, and refinancings.

The firm also supports growth financing and general debt funding initiatives. Princeton Capital engages in both sponsored and non-sponsored transactions, concentrating its efforts within the United States. Typically, individual commitments range from $1 million to $5 million per deal.

The firm targets companies exhibiting annual sales exceeding $35 million.

Additionally, prospective portfolio companies generally have EBITDA figures between $3 million and $20 million. Beyond debt instruments, Princeton Capital also participates in minority equity stakes and co-investment opportunities.

Leadership

Mark S. DiSalvo

Interim Chief Executive Officer, Interim President & Director

Florina Klingbaum

Chief Compliance Officer

Gregory Joseph Cannella

Chief Financial Officer, Secretary & Treasurer

Independent: 3 of 4 listed

Employees

3

Country

US

Sector

Financial Services

Website

princetoncapitalcorp.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
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Institutional
(0)
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Insiderⓘ
(0)
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5%+ Owners
(0)
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Unattributed (incl. retail)ⓘ
Sources:
52-Week Range
Volume
Average Daily Volume--

30d Avg

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60d Avg

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90d Avg

300

Earnings
Dividend History
TTM Yield
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Annual (LTM)
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Latest
$0.0750
Nov 18, 22
5Y Growth
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Compliance Status
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