Every 10-K that Pennant Investment Corp (PNNT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PNNT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PNNT filings page.
PennantPark Investment Corporation filed Amendment No. 2 to its annual report for the year ended September 30, 2025 to add separate financial statements for its unconsolidated portfolio company, AKW Holdings Limited. AKW met the conditions of a significant subsidiary under Regulation S-X, requiring standalone audited and unaudited consolidated financials as Exhibit 99.5.
The amendment also adds new CEO and CFO certifications under Sections 13a-14 and 906 of the Exchange Act and Sarbanes-Oxley. Other disclosures in the original annual report are unchanged and are not updated for subsequent events.
This excerpt from a PNNT annual filing amendment details a large portfolio of investments in non-controlled, non-affiliated and affiliated portfolio companies. The positions span first lien secured debt, subordinated/corporate notes, and various classes of common and preferred equity or partnership interests.
The investments are diversified across many industries, including business services, healthcare and childcare, consumer products, aerospace and defense, distribution, media, auto sector, gaming, and environmental services. Many of the first lien loans reference SOFR-based floating rates with substantial basis point spreads and, in some cases, PIK (payment-in-kind) components, indicating higher-yield, credit-focused exposure typical of a senior loan or private credit strategy.
PennantPark Investment’s annual report excerpt details a broad portfolio of corporate credit and equity investments. The company holds numerous positions in non-controlled, non-affiliated portfolio companies, focused heavily on first lien secured debt across revolvers and term loans, along with some second lien, subordinated debt, preferred equity, and common equity interests.
Most loans reference SOFR or 3‑month SOFR with substantial spreads, and stated current coupons include examples such as 8.50%, 9.75%, 10.35%, 11.84%, 13.16% and 14.00%. The borrowers operate in many sectors, including healthcare, business services, media, aerospace and defense, consumer products, auto sector, distribution, environmental services, building materials, and gaming.
The portfolio also includes selected controlled, affiliated investments, such as AKW Holdings Limited, JF Intermediate, LLC and PennantPark Senior Loan Fund entities, highlighting exposure to both debt and equity in these platforms.