NexPoint Capital, Inc. 8-K

What Happened
NexPoint Capital, Inc. filed a Form 8‑K (Mar 27, 2026) reporting that, as of March 23, 2026, the net asset value (NAV) per share and the price at which the company will issue shares under its distribution reinvestment plan (DRP) was determined to be $4.35 per share. The valuation was made in accordance with valuation policies and procedures established by the company’s investment adviser and approved by the Board under Rule 2a‑5 of the Investment Company Act of 1940.

Key Details

• NAV / DRP issuance price: $4.35 per share as of March 23, 2026.
• Valuation process: Determined under Adviser’s valuation policies/procedures approved by the Board pursuant to Rule 2a‑5.
• DRP pricing discretion: Adviser determines DRP issuance price in its sole discretion, which must be no less than the NAV determined in good faith and no more than 2.5% above that NAV.
• Filing date and note: Reported on Form 8‑K filed March 27, 2026; filing includes standard forward‑looking statements disclosure.

Why It Matters
This announcement gives investors the current per‑share NAV and the price at which dividends will be reinvested under the DRP, which directly affects the number of shares received when dividends are reinvested. The Board‑approved valuation procedures and Rule 2a‑5 compliance indicate the company followed a formal, regulatorily informed process for setting NAV. Retail investors who use the DRP or track per‑share value should note the $4.35 benchmark and the Adviser’s ability to set DRP pricing up to 2.5% above NAV.