---
schema_version: "secwatch.filing_event.v1"
accession: "0001712543-24-000032"
form_type: "8-K"
ticker: "EQS"
cik: "0000878932"
company_name: "EQUUS TOTAL RETURN, INC."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T22:16:57.129539+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Equus Total Return Q1 NAV $3.38; Morgan E&P fair value down $1.35M

## Summary
- Q1 2024 net assets $45.9M, NAV per share $3.38 vs $3.55 at Dec 31, 2023.
- Morgan E&P acquired 5,897.52 net leasehold acres in Bakken/Three Forks; two wells commenced production.
- Morgan's debt increased by $2.2M; fair value decreased by $1.35M to $21.25M.
- First quarter operating expenses consisted principally of professional fees and insurance.

## SEC filing metadata
- accession: 0001712543-24-000032
- form_type: 8-K
- ticker: EQS
- cik: 0000878932
- company_name: EQUUS TOTAL RETURN, INC.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- 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/878932/000171254324000032/0001712543-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878932/000171254324000032/f8k_equus05162024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712543-24-000032
- JSON: https://secwatch.observer/filing/0001712543-24-000032.json
- Plain text: https://secwatch.observer/filing/0001712543-24-000032.txt

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