Neostellar Capital Corp. Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤NAV $12.64 per share, down from $13.44 at June 30, 2026
- ➤Net assets $334.7 million at September 30, 2026
- ➤Q3 net loss $21.2 million, or $0.80 per share
- ➤Portfolio fair value $377.2 million across 34 companies
- ➤Board extended share repurchases through October 31, 2027, with $25 million remaining
Expert Statements
Mark Klein, Chairman and Chief Executive Officer of Neostellar Capital
“During the third quarter, we formalized our partnership with Magnetar through Neostellar Advisors, expanding our resources for sourcing and due diligence and giving us greater flexibility to evaluate and structure investments.”
Mark Klein, Chairman and Chief Executive Officer of Neostellar Capital
“The partnership brings together our venture investing experience and Magnetar’s expertise in credit, structured capital and AI infrastructure at a time when private companies are seeking larger financings and a broader range of capital structures.”
Mark Klein, Chairman and Chief Executive Officer of Neostellar Capital
“We continue to see significant opportunity across the computing and data infrastructure supporting broader AI adoption, reflected in our investments in OpenAI, ClickHouse, TensorWave and CoreWeave.”
Mark Klein, Chairman and Chief Executive Officer of Neostellar Capital
“Our approach remains focused on identifying promising businesses before their potential is widely recognized, with the understanding that successful investments can grow into significant portfolio positions over time.”
Mark Klein, Chairman and Chief Executive Officer of Neostellar Capital
“As those investments mature, we balance their remaining potential with opportunities to realize gains, manage concentration and deploy capital with a focus on long-term value per share.”
Mark Klein, Chairman and Chief Executive Officer of Neostellar Capital
“Consistent with that focus, the Board approved an extension of the Share Repurchase Program and remaining $25 million allocation, preserving repurchases as an option alongside new investments and other uses of capital, with deployment subject to liquidity considerations.”
Board of Directors Approves Extension of Share Repurchase Program
NEW YORK, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Neostellar Capital Corp. (“Neostellar Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: NSLR) today announced its financial results for the third quarter ended September 30, 2026. Net assets totaled approximately $334.7 million, or $12.64 per share, at September 30, 2026, as compared to $13.44 per share, at June 30, 2026 and $9.23 per share at September 30, 2025.
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