Quarterly ResultAug 5, 2026, 04:17 PM
Neostellar Capital Q2 NAV $13.44/share; Net Investment Loss $(23.4)M
AI Summary
Neostellar Capital Corp. announced its second quarter 2026 financial results, reporting a Net Asset Value of $13.44 per share and total net assets of $355.9 million as of June 30, 2026. The company recorded a net investment loss of $(23.4) million for the quarter, which included approximately $20.0 million in non-recurring expenses related to its transition to an externally managed structure. Subsequent to quarter-end, Neostellar Capital received $20.0 million from a redeemable promissory note and completed its transition to an externally managed structure with Neostellar Advisors and Magnetar, while also making strategic investments in AI-related companies like ClickHouse and TensorWave.
Key Highlights
- Net Asset Value (NAV) per share was $13.44 as of June 30, 2026.
- Net assets totaled approximately $355.9 million as of June 30, 2026.
- Reported a net investment loss of $(23.4) million for the second quarter of 2026.
- Total investment portfolio fair value was approximately $405.9 million.
- Invested $9.5 million in ClickHouse and $15.0 million in TensorWave via Magnetar SPV.
- Received $20.0 million from a redeemable promissory note post-quarter end.
- Completed transition to an externally managed structure with Neostellar Advisors and Magnetar.
Price Impact
More from SSSS