secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2022-10-04T23:59:59+00:00
Accession:  0001213900-22-061821
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment Q2 2023: NII $0.64/sh, NAV $28.27, AUM $954.7M; SBIC III approved
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- NII per share $0.64 (adjusted $0.58); EPS $0.08 vs $0.71 YoY; dividend increased to $0.54/share.
- NAV per share $28.27, down 1.5% from Q1; AUM $954.7M, up 43.3% YoY.
- Originations $140.6M, repayments $75.1M; 83% first lien; 96% of loans at highest internal rating.
- Received SBIC III license providing up to $175M in additional SBA debentures; $107M immediate liquidity.
- Repurchased 153,350 shares at $24.04 avg during quarter; $17.3M total repurchased since plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022061821/0001213900-22-061821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022061821/ea166725-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-061821

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