We are an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC under the 1940 Act. We originate and invest primarily in private small and lower middle-market companies (typically those with less than $20.0 million of EBITDA) through first lien loans, second lien loans, unsecured loans, unitranche and mezzanine debt financing, often times with a corresponding equity investment. Our investment objective is to maximize the total return to our stockholders in the form of current income and capital appreciation through debt and related equity investments in private small and lower middle-market companies. Since January 1, 2018, we have been managed by House Hanover, LLC, who also provides some of the administrative services necessary for us to operate.
Company profile
Ticker
PIAC
Exchange
Website
CEO
Mark S. DiSalvo
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
REGAL ONE CORP, REGAL ONE Corp
SEC CIK
Corporate docs
IRS number
954158065
PIAC stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
10 Aug 23
10-Q
2023 Q1
Quarterly report
15 May 23
10-K
2022 FY
Annual report
30 Mar 23
8-K
Submission of Matters to a Vote of Security Holders
16 Dec 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
DEF 14A
Definitive proxy
9 Nov 22
8-K
Princeton Capital Corporation Announces Cash Dividend
27 Oct 22
8-K
Other Events
19 Oct 22
8-K
Entry into a Material Definitive Agreement
9 Sep 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
Latest ownership filings
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.92 mm | 1.92 mm | 1.92 mm | 1.92 mm | 1.92 mm | 1.92 mm |
Cash burn (monthly) | 65.15 k | (no burn) | (no burn) | (no burn) | 1.15 mm | 1.21 mm |
Cash used (since last report) | 202.69 k | n/a | n/a | n/a | 3.58 mm | 3.77 mm |
Cash remaining | 1.71 mm | n/a | n/a | n/a | -1.67 mm | -1.85 mm |
Runway (months of cash) | 26.3 | n/a | n/a | n/a | -1.4 | -1.5 |
Institutional ownership, Q3 2019
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|