Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 415

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 415
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2024, the Company did not sell any shares of common stock under the Distribution Agreement. For the nine months ended September 30, 2024, the Company sold 5,292,556 shares of common stock under the Distribution Agreement. For the nine months ended September 30, 2024, the Company received total accumulated net proceeds of approximately $67,691, including $12 of offering expenses, from these sales.The Company generally uses net proceeds from these offerings to make investments, to pay down liabilities and for general corporate purposes. As of September 30, 2025, shares representing approximately $257,991 of its common stock remain available for issuance and sale under the Distribution Agreement.

Note 11. Earnings Per Share

The following information sets forth the computation of basic and diluted net increase in the Company’s net assets per share resulting from operations for the three and nine months ended September 30, 2025 and September 30, 2024: Three Months EndedNine Months Ended September 30, 2025September 30, 2024September 30, 2025September 30, 2024Earnings per share—basic    Numerator for basic earnings per share:$12,189 $23,889 $43,376 $85,768 Denominator for basic weighted average share:106,016,542 107,851,415 107,199,318 106,140,789 Basic earnings per share:$0.11 $0.22 $0.40 $0.81 Earnings per share—diluted(1)  Numerator for increase in net assets per share$12,189 $23,889 $43,376 $85,768 Adjustment for interest on 2022 Convertible Notes and incentive fees, net4,482 3,900 12,741 11,700 Numerator for diluted earnings per share:$16,671 $27,789 $56,117 $97,468 Denominator for basic weighted average share106,016,542 107,851,415 107,199,318 106,140,789 Adjustment for dilutive effect of 2022 Convertible Notes19,020,154 18,928,404 19,001,718 18,860,083 Denominator for diluted weighted average share125,036,696 126,779,819