Equus Total Return, Inc. reports net assets of $26.5 million as of September 30, 2025.
Net asset value per share decreased from $2.51 to $1.90 between June 30, 2025, and September 30, 2025.
Key contributors to the net asset value changes include a decrease in fair value of holdings in General Enterprise Ventures and reclassification of investor warrant as a liability.
Net Assets Report
Net assets reported at $26.5 million as of September 30, 2025.
Per Share Value
Net asset value per share decreased from $2.51 to $1.90.
Impact of General Enterprise Ventures
GEVI shares and GEVI Warrant valued at $5.2 million as of September 30, 2025, down from $10.6 million in the previous quarter.
Warrant Reclassification
Warrants reclassified as a liability, contributing to a decrease in net assets.
Stability in Morgan Investment
The fair value of the Company's equity holding in Morgan E&P remained unchanged at $12.35 million.
- The decrease in net asset value per share indicates a challenging quarter for Equus Total Return, Inc.
- Reclassification of warrants as a liability added further pressure on the company's financials.
Despite challenges, Equus Total Return, Inc. continues to navigate through market fluctuations and maintain its investment positions.