Audax Private Credit Fund Updates NAV as of July 31, 2026

What Happened
Audax Private Credit Fund, LLC filed an 8-K (Item 8.01) on September 22, 2026, reporting its net asset value (NAV) per common share as of July 31, 2026. The NAV per common share was $24.704, determined in accordance with the Fund’s valuation policy. The filing provides a snapshot of the Fund’s balance of assets and liabilities at that date.

Key Details

• NAV per common share (as of July 31, 2026): $24.704
• Aggregate NAV: $608.9 million
• Fair value of investment portfolio: $1,160.3 million
• Principal debt outstanding: $559.2 million, yielding a debt-to-equity ratio of approximately 0.92x

Why It Matters
NAV per share and the aggregate NAV tell investors the Fund’s reported net value after liabilities. The portfolio fair value versus outstanding debt shows the Fund’s leverage level (about 0.92x), which is useful for assessing financial risk and capital structure. These facts help current and potential investors evaluate the Fund’s valuation and leverage position without implying future performance.