{"schema_version":"secwatch.filing_event.v1","accession":"0001712543-25-000063","form_type":"8-K","ticker":"EQS","cik":"0000878932","company_name":"EQUUS TOTAL RETURN, INC.","filed_at":"2025-08-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.551211+00:00","generated_at":"2026-05-17T11:41:07.556001+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Equus Total Return Q2 NAV $34.1M ($2.51/share), down from $2.52 prev quarter","bullets":["Net assets $34.1M as of June 30, 2025; NAV per share $2.51 vs $2.52 at March 31, 2025.","Fair value of GEVI convertible note and warrant increased to $10.6M due to GEVI share price rise from $1.20 to $1.95.","Equity in Morgan E&P decreased $1.65M to $12.35M on lower oil forward price curve.","Post-quarter: Morgan hired Michael Reger to lead Bakken asset strategy and secured $3M loan facility for drilling."],"urls":{"canonical":"https://secwatch.observer/filing/0001712543-25-000063","json":"https://secwatch.observer/filing/0001712543-25-000063.json","markdown":"https://secwatch.observer/filing/0001712543-25-000063.md","text":"https://secwatch.observer/filing/0001712543-25-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/878932/000171254325000063/0001712543-25-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/878932/000171254325000063/f8k_equus08192025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:41:07.556001+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}