Audax Credit BDC Inc. Files Q2 2025 10-Q Report
| Field | Detail |
|---|---|
| Company | Audax Credit Bdc Inc. |
| Form Type | 10-Q |
| Filed Date | Aug 12, 2025 |
| Risk Level | low |
| Pages | 13 |
| Reading Time | 16 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, filing-update
TL;DR
AUDA 10-Q filed for Q2 2025. All good.
AI Summary
Audax Credit BDC Inc. filed its quarterly report for the period ended June 30, 2025. The company is incorporated in Delaware and its principal executive office is located at 320 Park Avenue, New York, NY 10022. Audax Credit BDC Inc. is a large accelerated filer and has met all filing requirements for the preceding 12 months and the past 90 days.
Why It Matters
This filing provides investors with an update on Audax Credit BDC Inc.'s financial performance and operational status for the second quarter of 2025, crucial for investment decisions.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report and does not indicate any immediate or significant risks.
Key Numbers
- 10-Q — Filing Type (Quarterly Report)
Key Players & Entities
- Audax Credit BDC Inc. (company) — Registrant
- June 30, 2025 (date) — Quarterly period ended
- Delaware (jurisdiction) — State of incorporation
- 320 Park Avenue, New York, New York 10022 (address) — Principal executive office
- 814-01154 (number) — Commission file number
- 47-3039124 (number) — I.R.S. Employer Identification No.
FAQ
What is the commission file number for Audax Credit BDC Inc.?
The commission file number for Audax Credit BDC Inc. is 814-01154.
In which state was Audax Credit BDC Inc. incorporated?
Audax Credit BDC Inc. was incorporated in Delaware.
What is the address of Audax Credit BDC Inc.'s principal executive office?
The principal executive office of Audax Credit BDC Inc. is located at 320 Park Avenue, New York, New York 10022.
For what period is this quarterly report filed?
This quarterly report is filed for the period ended June 30, 2025.
Is Audax Credit BDC Inc. considered a large accelerated filer?
Yes, Audax Credit BDC Inc. is indicated as a large accelerated filer.
Filing Stats: 4,034 words · 16 min read · ~13 pages · Grade level 6.4 · Accepted 2025-08-12 16:14:48
Key Financial Figures
- $0.001 — 0,461 shares of common stock, par value $0.001 per share, outstanding as of August 12,
Filing Documents
- ck0001633858-20250630.htm (10-Q) — 18561KB
- ck0001633858-ex31_1.htm (EX-31.1) — 14KB
- ck0001633858-ex31_2.htm (EX-31.2) — 14KB
- ck0001633858-ex32_1.htm (EX-32.1) — 8KB
- ck0001633858-ex32_2.htm (EX-32.2) — 7KB
- 0000950170-25-107325.txt ( ) — 63402KB
- ck0001633858-20250630.xsd (EX-101.SCH) — 1329KB
- ck0001633858-20250630_htm.xml (XML) — 22391KB
Financial Statements
Financial Statements 2 3 4 5 Schedules of Investments as of June 30, 2025 (unaudited) and December 31, 2024 6
Notes to Financial Statements (unaudited)
Notes to Financial Statements (unaudited) 30 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations Overview 53 Results of Operations 55 Financial Condition, Liquidity and Capital Resources 57 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 63 Item 4.
Controls and Procedures
Controls and Procedures 63 PART II. OTHER INFORMATION: Item 1.
Legal Proceedings
Legal Proceedings 65 Item 1A.
Risk Factors
Risk Factors 65 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 65 Item 3. Defaults Upon Senior Securities 65 Item 4. Mine Safety Disclosures 65 Item 5. Other Information 65 Item 6. Exhibits 66
SIGNATURES
SIGNATURES 67 1 Audax Credit BDC Inc. St atements of Assets and Liabilities June 30, 2025 and December 31, 2024 (Expressed in U.S. Dollars) June 30, 2025 December 31, 2024 (unaudited) Assets Investments, at fair value Non-Control/Non-Affiliate investments (Cost of $ 412,348,019 and $ 416,973,715 , respectively) $ 402,103,759 $ 410,031,275 Cash and cash equivalents 23,664,062 19,737,091 Interest receivable 2,968,826 2,867,021 Receivable from investments sold — 412,083 Receivable from bank loan repayment 164,182 110,318 Other assets 159,036 — Total Assets $ 429,059,865 $ 433,157,788 Liabilities Payable for investments purchased $ 3,885,376 $ 4,820,442 Fees due to investment advisor, net of waivers (a) 1,144,327 1,196,448 Fee due to administrator (a) 66,250 66,250 Accrued expenses and other liabilities 490,368 432,243 Total Liabilities $ 5,586,321 $ 6,515,383 Commitments and contingencies ( b) Net Assets Common stock, $ 0.001 par value per share, 100,000,000 shares authorized, 47,020,461 and 47,020,454 shares issued and outstanding, respectively $ 47,020 $ 47,020 Capital in excess of par value 442,218,681 442,395,577 Total distributable loss ( 18,792,157 ) ( 15,800,192 ) Total Net Assets $ 423,473,544 $ 426,642,405 Net Asset Value per Share of Common Stock at End of Period $ 9.01 $ 9.07 Shares Outstanding 47,020,461 47,020,454 (a) Refer to Note 4- Related Party Transactions for additional information. (b) Refer to Note 9- Commitments and Contingencies for additional information. The accompanying notes are an integral part of these financial statements. 2 Audax Credit BDC Inc. St atements of Operations (Expressed in U.S. Dollars) (unaudited) Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2025 June 30, 2024 June 30, 2025 June 30, 2024 Inve