PennantPark Private Income Fund 8-K

What Happened
PennantPark Private Income Fund filed an 8‑K on January 27, 2026 reporting that, effective January 2, 2026 (with the final share count determined January 21, 2026), it issued and sold 559,375 common shares for aggregate proceeds of approximately $14,141,000. 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, with participating investors representing they are accredited investors. The filing also reported the fund’s net asset value (NAV) per share as $25.28 and an aggregate NAV of approximately $73,561,732 as of December 31, 2025.

Key Details

• Shares issued: 559,375 common shares (final number confirmed Jan 21, 2026)
• Proceeds: approximately $14,141,000 from the private subscription agreements
• NAV: $25.28 per share and aggregate NAV of ~$73,561,732 as of Dec 31, 2025
• Offering basis: Continuous private offering relying on Section 4(a)(2) and/or Regulation D; investors represented as accredited

Why It Matters
The private share issuance raises capital for the fund and increases the number of outstanding shares, which can affect per‑share metrics such as NAV and future distributions. Reporting the NAV gives investors an updated snapshot of per‑share value and the fund’s aggregate net assets at year‑end. Because the shares were sold in a private offering under Regulation D (to accredited investors), the transaction was not a public registered offering and may have different liquidity implications than a public share sale.