Princeton Capital Corp

princetoncapitalcorp.com

Princeton Capital Corp (OTC: PIAC) is a Business Development Company (BDC) that invests in private and small public U.S. companies to generate current income and capital appreciation for stockholders. It makes money by deploying capital into debt and equity investments across portfolio companies, targeting returns through interest income on loans and gains on equity positions. House Hanover has served as the external investment advisor since May 31, 2018, under an Investment Advisory Agreement most recently renewed by the Board on May 12, 2025. The portfolio as of December 31, 2025 included control and non-control investments concentrated in the United States, spanning industry sectors that include staffing, energy services, casual dining, and nickel pipe fittings and flanges. The company reported net decreases in net assets from operations for each of fiscal years 2023, 2024, and 2025, and declared no cash dividends in any of those three years. PIAC is regulated under the Investment Company Act of 1940 and must maintain at least 70% of total assets in qualifying assets as defined by that statute.