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Powerlaw Corp.
Powerlaw Corp. has released its unaudited portfolio schedule as of September 30, 2026. The fund holds investments in 18 companies with a total cost basis of approximately $421.99 million and an estimated fair value of $666.49 million. During the quarter, the fund added new positions in CSS Solutions (Atoms) and Stoke Space Technologies.…more
Powerlaw Corp.
Powerlaw Corp. (PWRL) and Powerlaw Fund II have filed an application for an exemption from Section 19(b) of the Investment Company Act of 1940 and Rule 19b-1. If granted, this order will allow the funds to distribute long-term capital gains up to twelve times per taxable year, aiming to meet investor demand for regular income and potentially reduce the discount of the funds' shares to their NAV.…more
Powerlaw Corp.
Powerlaw Corp. has filed a shelf registration statement with the SEC to offer shares of its common stock from time to time. The company confirmed a monthly distribution program at an annual rate of 6.00% approved on September 23, 2026, and is currently executing a share repurchase program for up to 4,324,293 shares, representing 10% of its outstanding stock as of July 20, 2026.…more
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