OFS Capital Corp

OFS Capital Corporation announced its financial results for the first quarter ended March 31, 2026, reporting a net investment income of $0.18 per common share, down from $0.20 in the prior quarter, and a net asset value of $8.16 per common share, a decrease from $9.19. The company also reported a net loss on investments of $1.03 per common share, primarily due to unrealized depreciation on structured finance securities. Additionally, OFS Capital declared a second-quarter distribution of $0.17 per common share and secured a new $80.0 million revolving credit facility with Natixis while amending its Banc of California credit facility.

OFS Capital Corp will hold a Special Meeting of Stockholders on June 10, 2026, to vote on a proposal allowing the company to issue shares of common stock below its net asset value (NAV) per share. This authorization, if approved, would be valid for 12 months and limited to 25% of outstanding common stock, providing financial flexibility for investments and debt repayment. The Board recommends approval, despite the potential for dilution to existing stockholders.

OFS Capital Corporation announced its 2026 Annual Meeting of Stockholders will be held on Wednesday, June 10, 2026, in Chicago, Illinois. Stockholders will vote on the election of two Class II directors, Romita Shetty and Bilal Rashid, and the ratification of KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2026. Proxy materials were distributed online starting April 29, 2026, with a record date of April 15, 2026.