secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0001213900-25-002073
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment Q3 FY2025: Adj NII $0.90, LTM ROE 9.2%, $84.5M originations, $0.35 special dividend
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- Adj NII per share $0.90 (excl. Knowland reversal) vs $0.89 prior quarter; GAAP EPS $0.64; NII yield 13.3%.
- Total investment income $35.9M, down 16.6% QoQ due to $7.9M non-recurring Knowland reversal in prior qtr.
- Originations $84.5M (two new platforms, eight follow-ons); repayments $160.4M (five full repayments).
- NAV per share $26.95, down from $27.07; total NAV $374.9M, up $2.8M QoQ.
- Declared $0.74 regular + $0.35 special dividend paid Dec 19; share repurchase plan extended to Jan 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390025002073/0001213900-25-002073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390025002073/ea0227174-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-002073

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