Note 7. Net Assets

Issuances of Equity Securities

For the years ended December 31, 2025, 2024 and 2023, the Company has completed the following issuances of Common Stock:


($ in thousands, except share information) Common Share Issuance Date	Number of Common Shares Issued		Net Proceeds		Per Share
December 30, 2025 (1)		490,974	$	9,754	$	19.87
December 30, 2025		2,516,724		50,000		19.87
September 30, 2025 (1)		477,327		9,511		19.92
September 30, 2025		1,756,667		35,000		19.92
June 30, 2025(1)		335,985		6,666		19.84
March 31, 2025(1)		352,159		6,983		19.85
March 31, 2025		88,251		1,750		19.85
December 31, 2024		81,918		1,625		19.84
December 31, 2024(1)		565,762		11,223		19.84
September 27, 2024 (1)		647,722		12,833		19.81
September 27, 2024		117,353		2,325		19.81
July 2, 2024		282,309		5,600		19.81
June 28, 2024		6,539,426		129,521		19.81
June 28, 2024 (1)		634,347		12,564		19.81
April 2, 2024		126,843		250		19.71
March 28, 2024		3,402,804		66,893		19.66
March 26, 2024(1)		461,503		9,072		19.66
December 28, 2023		2,305,457		45,037		19.54
December 26, 2023		264,628		5,169		19.51
September 29, 2023		2,578,558		49,900		19.35
September 27, 2023 (1)		218,518		4,229		19.31
June 28, 2023		1,126,918		21,800		19.34
June 26, 2023 (1)		2,522,293		4,881		19.37
April 3, 2023		56,599		1,094		19.19
March 29, 2023		980,749		18,906		19.27
March 27, 2023 (1)		239,681		4,428		19.25

(1)

Shares were issued to Stockholders participating in the Company’s DRIP.

The issuances of Common Stock were made at a price at least equal to the then-current net asset value, with such calculation carried out consistent with the Company’s Valuation Policy.

Except with respect to shares of Common Stock issued under the DRIP, sales of Common Stock were made pursuant to subscription agreements entered into by the Company and its investors. Each of the sales of Common Stock was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and Regulation D thereunder. Under the terms of the subscription agreements, investors are required to fund drawdowns to purchase shares of Common Stock up to the amount of their respective capital commitments on an as-needed basis with a minimum of ten business days’ prior notice to the funding date. As of December 31, 2025, the Company has received capital commitments totaling $1,514.7 million, of which, $251.6 million remains unfunded. As of December 31, 2024, the Company had received capital commitments totaling $1,512.9 million, of which, $336.6 million remained unfunded.

Distributions

For the years ended December 31, 2025, 2024 and 2023, the Company declared the following distributions.


($ in thousands, except per share amounts)
Record Date	Payment Date	Distribution Rate per Share		Distribution Paid
December 26, 2025	December 30, 2025	$	0.475	$	31,381
September 26, 2025	September 30, 2025	$	0.475	$	30,320
June 27, 2025	June 30, 2025	$	0.470	$	29,842
March 27, 2025	March 31, 2025	$	0.490	$	30,896
December 27, 2024	December 31, 2024	$	0.600	$	37,444
September 26, 2024	September 27, 2024	$	0.650	$	40,067
June 26, 2024	June 28, 2024	$	0.650	$	35,220
March 25, 2024	March 26, 2024	$	0.650	$	32,700
December 22, 2023	December 26, 2023	$	0.670	$	31,985
September 25, 2023	September 27, 2023	$	0.655	$	29,436
June 23, 2023	June 26, 2023	$	0.640	$	27,880
March 24, 2023	March 27, 2023	$	0.600	$	25,377

Stone Point Credit Corp 10-K