other material
confidence high
sentiment negative
materiality 0.50
Equus Total Return Q1 2023 NAV per share drops to $2.52 from $2.61
EQUUS TOTAL RETURN, INC.
- Net assets $34.1M; NAV per share $2.52 as of March 31, 2023, down from $2.61 at Dec 31, 2022.
- NAV decline driven by higher professional fees, expenses, and due diligence costs for potential transformative transactions.
- Fair value of Equus Energy LLC investment remained unchanged during Q1 2023.
- Shares outstanding steady at 13,518; NAV per share was $2.77 a year earlier.