---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-055043"
form_type: "8-K"
ticker: "PIAC"
cik: "0000845385"
company_name: "PRINCETON CAPITAL CORP"
filed_at: "2022-09-09T23:59:59+00:00"
generated_at: "2026-06-23T12:22:35.061406+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Princeton Capital settles lawsuit with GVS, affiliates for $11.37M

## Summary
- Company receives $11.37M settlement from GVS affiliates and Natin Paul to resolve State Litigation and Adversary Proceeding.
- Payment due within 3 days after Bankruptcy Court approval and satisfaction of other conditions precedent.
- Settlement includes assignment of promissory notes and dismissal with prejudice of the Adversary Proceeding.
- State Litigation had yielded $9.76M judgment plus $151k attorneys' fees; settlement exceeds that amount.

## SEC filing metadata
- accession: 0001213900-22-055043
- form_type: 8-K
- ticker: PIAC
- cik: 0000845385
- company_name: PRINCETON CAPITAL CORP
- filed_at: 2022-09-09T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845385/000121390022055043/0001213900-22-055043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845385/000121390022055043/ea165602-8k_princetoncap.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-055043
- JSON: https://secwatch.observer/filing/0001213900-22-055043.json
- Plain text: https://secwatch.observer/filing/0001213900-22-055043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.