v3.25.3

Capital Share Transactions | 9 Months Ended
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Sep. 30, 2025
Stockholders' Equity Note [Abstract] |
Capital Share Transactions | Note 10. Capital Share Transactions As of September 30, 2025 and September 30, 2024, 200,000,000 shares of $0.01 par value capital stock were authorized. On February 28, 2025, the Company entered into an equity distribution agreement (the “Equity Distribution Agreement”) by and among the Company, the Investment Adviser and the Administrator, on the one hand, and Raymond James & Associates, Inc., Citizens JMP Securities, LLC and Jefferies LLC, as placement agents thereunder (collectively, the “Agents”), on the other hand. Under the Equity Distribution Agreement, the Company may, but has no obligation to, issue and sell up to $150,000 in aggregate amount of shares of its common stock from time to time through the Agents, or to them, as principal for their own account. For the three and nine months ended September 30, 2025, the Company sold no shares of common stock under the Equity Distribution Agreement. As of September 30, 2025, shares representing $150,000 of the Company’s common stock remain available for issuance and sale under the Equity Distribution Agreement. Transactions in capital stock were as follows for the periods presented:
|  | Shares |  |  | Amount |
|  | Three months ended September 30, 2025 |  |  | Three months ended September 30, 2024 |  |  | Three months ended September 30, 2025 |  |  | Three months ended September 30, 2024 |
Share activity |  |  | — |  |  |  | — |  |  | $ | — |  |  | $ | — |
|  | Shares |  |  | Amount |
|  | Nine months ended September 30, 2025 |  |  | Nine months ended September 30, 2024 |  |  | Nine months ended September 30, 2025 |  |  | Nine months ended September 30, 2024 |
Share activity |  |  | — |  |  |  | — |  |  | $ | — |  |  | $ | — |

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- Definition Capital share transactions. + References No definition available. + Details
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- References No definition available. + Details
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