secwatch.observer — SEC 8-K summary
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Issuer:     PENNANTPARK INVESTMENT CORP (PNNT)
CIK:        0001383414
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0000950170-23-064179
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennantPark reports FY2023 NII $1.00/share, declares $0.21 dividend; discloses material control weaknesses
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- Net investment income $15.6M ($0.24/share) for Q4, $65.5M ($1.00/share) for FY2023; Core NII $0.84/share excluding special dividends.
- Adjusted NAV per share $7.70; total portfolio $1.0B, weighted average yield on debt 13.0% at quarter end.
- Expects to report material weaknesses in internal control over cash reconciliations and interest income analysis; no impact on financial statements expected.
- Declared distributions $0.21/share quarterly, $0.76 for FY2023; net investment income covers dividend by healthy margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383414/000095017023064179/0000950170-23-064179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383414/000095017023064179/pnnt-20221116.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-064179

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