secwatch.observer — SEC 8-K summary
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Issuer:     OFS Capital Corp (OFS)
CIK:        0001487918
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001487918-24-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OFS Capital Q1 NII $0.42/share, NAV $11.08, declares $0.34 dividend
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- Net investment income rose to $0.42 per share vs $0.35 in Q4 2023; total investment income $14.2M.
- Net loss on investments of $1.09 per share, driven by $1.15 unrealized depreciation; NAV fell to $11.08 from $12.09.
- Declared Q2 2024 distribution of $0.34/share, payable June 28, 2024 to holders of record June 18.
- Repaid $31.9M SBA debentures and surrendered SBIC license; reduced revolving credit facility by $12.0M.
- Loan portfolio 91% floating rate; weighted-average performing income yield 13.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487918/000148791824000042/0001487918-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487918/000148791824000042/ofs-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001487918-24-000042

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