---
schema_version: "secwatch.filing_event.v1"
accession: "0001712543-23-000017"
form_type: "8-K"
ticker: "EQS"
cik: "0000878932"
company_name: "EQUUS TOTAL RETURN, INC."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T11:34:18.076758+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Equus Total Return Q4 2022 NAV per share $2.61, down from $2.68 prior quarter

## Summary
- Net assets $35.2M as of 12/31/2022; NAV per share $2.61 vs $2.68 at 9/30/2022.
- Shares outstanding unchanged at 13,518 for all periods shown.
- Fair value of Equus Energy increased from $13.0M to $15.65M in 2022, driven by Permian Basin activity.
- NAV decline due to higher professional fees and due diligence expenses for potential transformative transactions.

## SEC filing metadata
- accession: 0001712543-23-000017
- form_type: 8-K
- ticker: EQS
- cik: 0000878932
- company_name: EQUUS TOTAL RETURN, INC.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878932/000171254323000017/0001712543-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878932/000171254323000017/f8k_equus03282023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712543-23-000017
- JSON: https://secwatch.observer/filing/0001712543-23-000017.json
- Plain text: https://secwatch.observer/filing/0001712543-23-000017.txt

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