Cover Page
Cover Page | Feb. 29, 2024 |
Document Information [Line Items] | |
Entity Registrant Name | Fidus Investment Corporation |
Amendment Flag | false |
Entity Central Index Key | 0001513363 |
Document Type | 8-K |
Document Period End Date | Feb. 29, 2024 |
Entity Incorporation, State or Country Code | MD |
Securities Act File Number | 814-00861 |
Entity Tax Identification Number | 27-5017321 |
Entity Address, Address Line One | 1603 Orrington Avenue |
Entity Address, Address Line Two | Suite 1005 |
Entity Address, City or Town | Evanston |
Entity Address, State or Province | IL |
Entity Address, Postal Zip Code | 60201 |
City Area Code | 847 |
Local Phone Number | 859-3940 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, par value $0.001 per share |
Trading Symbol | FDUS |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
N-2
N-2 - USD ($) $ in Millions | Feb. 29, 2024 | Feb. 28, 2024 |
Cover [Abstract] | ||
Entity Central Index Key | 0001513363 | |
Amendment Flag | false | |
Securities Act File Number | 814-00861 | |
Document Type | 8-K | |
Entity Registrant Name | Fidus Investment Corporation | |
Entity Address, Address Line One | 1603 Orrington Avenue | |
Entity Address, Address Line Two | Suite 1005 | |
Entity Address, City or Town | Evanston | |
Entity Address, State or Province | IL | |
Entity Address, Postal Zip Code | 60201 | |
City Area Code | 847 | |
Local Phone Number | 859-3940 | |
Entity Emerging Growth Company | false | |
Capital Stock, Long-Term Debt, and Other Securities [Abstract] | ||
Long Term Debt [Table Text Block] | On November 10, 2022, Fidus Investment Corporation (the “Company”) established an “at-the-market” On February 29, 2024, the Company increased the maximum amount of Shares to be sold through the ATM Program to $300.0 million from $150.0 million. In connection with the upsize of the ATM Program, the Company entered into amendment no. 2 (“Amendment No. 2”) to the equity distribution agreement, dated November 10, 2022 (the “Equity Distribution Agreement”) with Fidus Investment Advisors, LLC, Raymond James & Associates, Inc. (“Raymond James”) and B. Riley Securities, Inc. (“B. Riley” and together with Raymond James, the “Sales Agents”). Under the Equity Distribution Agreement, as amended by Amendment No. 2, the Company may, but has no obligation to, issue and sell up to $300.0 million in aggregate amount of Shares in the ATM Program, from time to time through the Sales Agents, or to them, as principal for their own account. As of February 28, 2024 and after giving effect to Amendment No. 2, up to approximately $178.1 million in aggregate amount of the Shares will remain available for sale under the ATM Program. | |
Long Term Debt, Title [Text Block] | ATM Program | |
Long Term Debt, Principal | $ 178.1 | |
Long Term Debt, Structuring [Text Block] | Further details regarding the Equity Distribution Agreement, as amended by Amendment No. 2, and the ATM Program are set forth in the Company’s prospectus supplement, dated November 10, 2022 (the “ATM Prospectus Supplement”), supplement no. 1 to the ATM Prospectus Supplement, dated March 2, 2023 (“Supplement No. 1”), supplement no. 2 to the ATM Prospectus Supplement, dated May 8, 2023 (“Supplement No. 2”), supplement no. 3 to the ATM Prospectus Supplement, dated August 4, 2023 (“Supplement No. 3”), supplement no. 4 to the ATM Prospectus Supplement, dated August 11, 2023 (“Supplement No. 4”), supplement no. 5 to the ATM Prospectus Supplement, dated November 2, 2023 (“Supplement No. 5”), and supplement no. 6 to the ATM Prospectus Supplement, dated February 29, 2024 (“Supplement No. 6” and together with the ATM Prospectus Supplement, Supplement No. 1, Supplement No. 2, Supplement No. 3, Supplement No. 4, and Supplement No. 5 and including, in each case, any information incorporated by reference therein, the “Prospectus”), filed by the Company with the Securities and Exchange Commission. |