PennantPark Private Income Fund 8-K

What Happened
PennantPark Private Income Fund announced it issued and sold 331,680 common shares of beneficial interest on April 1, 2026 (with the final number determined April 16, 2026) as part of its continuous private offering. The company received approximately $8,490,000 in aggregate consideration. The sale was conducted in a private offering relying on Section 4(a)(2) of the Securities Act and/or Regulation D, and purchasers represented they are accredited investors. Separately, the company reported a net asset value (NAV) per share of $25.60 as of March 31, 2026, and an aggregate NAV of about $111,062,334.

Key Details

• Shares issued/sold: 331,680 common shares (issued April 1, 2026; final count confirmed April 16, 2026).
• Gross proceeds: approximately $8,490,000 from the private offering.
• NAV: $25.60 per common share as of March 31, 2026.
• Aggregate NAV: approximately $111,062,334 as of March 31, 2026.

Why It Matters
The private offering raised capital ($8.49M) for the fund, which can be used for investments, portfolio management, or operations. Issuing new shares increases the company’s outstanding shares and can affect per-share measures; investors should compare the offering size and proceeds against the fund’s NAV and capital needs. The reported NAV gives a snapshot of the fund’s per-share value and overall size as of March 31, 2026. The offering was limited to accredited investors under securities-law exemptions, meaning it was not a public registered sale.