PRINCETON CAPITAL CORP (PIAC) Form 10-Q — May 15, 2026
Princeton Capital Corporation reported a net decrease in net assets of $632,479 for the three months ended March 31, 2026, driven by a net investment loss of $277,432 and an unrealized loss of $355,047. The company’s net asset value per share declined to $0.113 from $0.118 at the end of the prior quarter, reflecting continued portfolio devaluation. The BDC held no new primary investment activity during the quarter, maintaining its existing portfolio of four companies while conserving cash. Total investments at fair value stood at $13.9 million against a cost basis of $34.1 million, indicating significant write-downs across the portfolio.
Key figures
- Total Assets
- 14389643
- Cash Position
- 212531
- Shares Outstanding
- 120486061
- Nav Per Share
- 0.113
- Operating Expenses
- 350723
- Total Investments Cost
- 34111452
- Total Investments Fair Value
- 13906408
Price after filing
Close on the filing date to close N calendar days later (from $0.05). Historical, not a forecast.
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