Equus Total Return reports Q3 NAV per share of $2.68, down from $2.75; shareholders authorize BDC withdrawal

EQUUS TOTAL RETURN, INC.

Net asset value per share decreased to $2.68 as of Sept 30, 2022 from $2.75 as of June 30, 2022.
Shareholders holding 53.01% of outstanding shares authorized Board to withdraw Equus's BDC election as part of potential strategic transformation.
Equus filed an Information Statement on Schedule 14C dated November 3, 2022 regarding the authorization.
Company's portfolio investments did not experience a change in fair value during the quarter.
Net assets as of Sept 30, 2022 were $36.2 million, compared to $37.2 million at June 30, 2022.

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