PennantPark Private Income Fund Issues Common Shares; Reports NAV $25.89

What Happened

• PennantPark Private Income Fund filed an 8-K disclosing that, on August 3, 2026 (with the final share count determined August 19, 2026), it issued and sold 137,883 common shares for aggregate consideration of approximately $3,570,000.
• The share sale was conducted through the fund’s continuous private offering and relied on exemptions from registration under Section 4(a)(2) of the Securities Act and/or Regulation D; participating investors represented they are accredited investors.
• Separately, the fund reported its net asset value (NAV) per common share as $25.89 as of July 31, 2026, and an aggregate NAV of approximately $125,566,434.

Key Details

• Issuance date: August 3, 2026 (final quantity confirmed August 19, 2026).
• Shares sold: 137,883 common shares; total proceeds ≈ $3,570,000.
• NAV per share: $25.89 (as of July 31, 2026).
• Aggregate NAV: ≈ $125,566,434 (as of July 31, 2026).

Why It Matters

• The private share sale raised capital (≈ $3.57M) for the fund, which can be used to support new investments or operations; because it was a private, unregistered offering, it involved accredited investors rather than a public stock issuance.
• The reported NAV per share and aggregate NAV provide a snapshot of the fund’s size and per‑share value as of July 31, 2026, information investors use to assess valuation and potential dilution from new share issuances.