Star Mountain Lower Middle-Market Capital Corp
Star Mountain Lower Middle-Market Capital Corp honored 19.05% of $31,006,070 requested in Q2 2026, per its SC TO-I/A filed 2026-06-01.
- Fund
- Star Mountain Lower Middle-Market Capital Corp
- Type
- Non-traded BDC
Most recent quarter
Every figure above was read from this filing: SC TO-I/A filed .
How we read this filing
The filing’s own words
Verbatim sentences from the SC TO-I/A filed Jun 1, 2026 . Each figure on this page traces to one of them.
1,328,452.031 Shares were validly tendered and not withdrawn prior to the expiration of the Offer.
The Company accepted for purchase a total of 253,071.515 Shares on a pro rata basis in accordance with the terms of the Offer.
On May 29, 2026, the Company paid such stockholders a total of $5,906,689.17 representing the amount payable under the promissory notes.
The per Share net asset value of the Shares tendered pursuant to the Offer was calculated as of March 31, 2026 in the amount of $23.34.
Checks we ran
Each extracted figure is cross-checked against the others before anything is published. A filing that fails a check is not estimated — it is listed as one we could not read.
| Check | Result | Detail |
|---|---|---|
| nav_per_share_detected | Passed | The stated net asset value of $23.34 is below $10,000, so it is a NAV PER SHARE, not an aggregate. The requested total is 1,328,452.031 shares x $23.34 = $31,006,070. |
| shares_accepted_within_tendered | Passed | 253,071.515 shares accepted vs 1,328,452.031 tendered. A fund cannot accept more than was offered to it. |
| honored_pct_in_range | Passed | Honored 19.05% of shares tendered. |
| requested_usd_plausible | Passed | Requested $31,006,070 — at or above the $1,000,000 scale floor. |
| honored_not_above_requested | Passed | Honored $5,906,689 of $31,006,070 requested. |
| shares_x_nav_matches_paid | Passed | 253,071.515 shares accepted x $23.34 NAV/share = $5,906,689, against $5,906,689 the filing says was paid (0.00% apart, measured against the larger, gross side). |
| dollars_consistent_with_shares | Passed | Dollars honored are 19.05% of dollars requested, against 19.05% of shares. These describe the same event and must agree to within 5 points (the gap is the early repurchase deduction). |
| implied_nav_per_share_agrees | Passed | The request implies $23.34 a share ($31,006,070 / 1,328,452.031); what was honored implies $23.34 ($5,906,689 / 253,071.515). Every share in one offer is priced at the same net asset value, so these must agree. |
| implied_nav_per_share_plausible | Passed | The implied net asset value is $23.34 a share. A non-traded BDC prices in the tens of dollars; a figure far outside that is a misread, not a discovery. |
How we built this list, and what we exclude — the derivation of the fund list, the cross-checks every figure has to pass, and the funds that are deliberately absent.
Repurchase history
Every quarter of this fund for which a result could be read from a filing, newest first. Each row cites the document it came from.
| Period | Honored % | Requested | Honored | Source filing |
|---|---|---|---|---|
| Q2 2026 | 19.05% Prorated | $31.0m | $5.9m | SC TO-I/A · |
| Q1 2026 | 24.59% Prorated | $24.0m | $5.9m | SC TO-I/A · |
| Q4 2025 | 26.68% Prorated | $22.8m | $6.1m | SC TO-I/A · |
| Q3 2025 | 22.29% Prorated | $26.6m | $5.9m | SC TO-I/A · |
| Q2 2025 | 19.87% Prorated | $31.7m | $6.3m | SC TO-I/A · |
| Q1 2025 | 31.89% Prorated | $17.6m | $5.6m | SC TO-I/A · |
| Q4 2024 | 30.93% Prorated | $16.4m | $5.1m | SC TO-I/A · |
| Q4 2024 | 30.93% Prorated | $16.4m | $5.1m | SC TO-I/A · |
| Q3 2024 | 27.88% Prorated | $16.7m | $4.6m | SC TO-I/A · |
| Q2 2024 | 39.71% Prorated | $12.2m | $4.8m | SC TO-I/A · |
| Q1 2024 | 37.88% Prorated | $12.4m | $4.7m | SC TO-I/A · |
| Q4 2023 | 28.51% Prorated | $17.0m | $4.9m | SC TO-I/A · |
| Q3 2023 | 100.00% Honored in full | $4.7m | $4.7m | SC TO-I/A · |
| Q2 2023 | 100.00% Honored in full | $4.3m | $4.3m | SC TO-I/A · |
| Q1 2023 | 100.00% Honored in full | $2.7m | $2.7m | SC TO-I/A · |
| Q4 2022 | 100.00% Honored in full | $2.6m | $2.6m | SC TO-I/A · |
Source: this fund’s own filings on SEC EDGAR (Schedule TO-I and its amendments). “Honored in full” means every share validly tendered was repurchased; “prorated” means a share of each request was.