Palmer Square Capital BDC Inc. (NYSE:PSBD) disclosed on Tuesday an unaudited estimate of its net asset value (NAV) per share as of December 31, 2024.
According to the company’s latest 8-K filing with the Securities and Exchange Commission, the NAV is estimated to be $16.50 for its common stock.
The Maryland-incorporated business development company, with its principal executive offices located in Mission Woods, Kansas, has made this information public in a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
The NAV is a significant indicator for business development companies (BDCs) like Palmer Square Capital BDC Inc., as it reflects the company’s net value by estimating the value of its assets minus the value of its liabilities on a per-share basis. This financial measure is important for investors as it helps them assess the company’s performance and underlying value.
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