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Princeton Capital PIAC · USD

Financials · US listing · 🇺🇸 United States

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About Princeton Capital

From its filings with the US Securities and Exchange Commission

SEC filings

Princeton Capital is based in North Andover, Massachusetts and is incorporated in Maryland. Its shares trade on OTC under the ticker PIAC. In the fiscal year to 31 December 2022, it reported revenue of $8.8m.

In its own words

Princeton Capital Corporation’s predecessor was initially incorporated in Florida in 1959 as Electro-Mechanical Services, Inc.

Hanover”) (the “Interim Investment Advisory Agreement”), in accordance with Rule 15a-4 of the Investment Company Act.

Company will be taxed as a C corporation and subject to federal and state corporation income taxes for its 2025 and 2024 taxable years.

Advisory Agreement or “interested persons” (as such term is defined in the 1940 Act) of any such party on May 12, 2025.

Agreement automatically terminates in the event of its “assignment,” as defined in the 1940 Act.

Quoted from its 10-K, filed 30 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Capital Markets
Listed since
28 Oct 1993
Head office
800 TURNPIKE STREET, NORTH ANDOVER, MA, 01845
Incorporated in
MD
Filer status
Non-accelerated filer

Leadership

Pay as last reported

  • Mr. Darren StainrodIndependent Chairman of the Board$50,000
  • Mr. Mark DiSalvoInterim President, Interim Chief Executive Officer, Director, since 2016
  • Mr. Gregory CannellaChief Financial Officer, Treasurer, Secretary, since 2015
  • Ms. Florina KlingbaumChief Compliance Officer
  • Mr. Greg BennettIndependent Director$50,000
  • Mr. Martin LaidlawIndependent Director$50,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The company invests in US small and lower middle-market companies.
  • It focuses on sectors like healthcare, software, and energy.
  • House Hanover, LLC serves as the investment advisor.

Weaknesses

  • The portfolio contains only approximately seven companies.
  • The firm is headquartered in North Andover, Massachusetts.
  • It relies on debt and equity investments for returns.

Opportunities

  • The firm targets companies with EBITDA between USD 3 and 20 million.
  • It utilizes various financing methods like unitranche and mezzanine debt.
  • Current income and capital appreciation are key objectives.

Threats

  • The company is a traded business development company.
  • It operates in the financial services industry sector.
  • Market fluctuations affect private small company investments.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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