# EDGAR Filing Document

**Accession Number:** 0001868950
**File Stem:** 0001193125-26-074742
**Filing Date:** 2026-2
**Character Count:** 32063
**Document Hash:** 5e9b0e48126379cede3792166d246aed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-074742.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001193125-26-074742

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cashmere Fund
- **CENTRAL INDEX KEY:** 0001868950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23712
- **FILM NUMBER:** 26683657

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 CENTRAL AVE
- **CITY:** BOULDER
- **STATE:** CO
- **ZIP:** 80301
- **BUSINESS PHONE:** 435-764-7836

**MAIL ADDRESS:**
- **STREET 1:** 2000 CENTRAL AVE
- **CITY:** BOULDER
- **STATE:** CO
- **ZIP:** 80301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sweater Cashmere Fund
- **DATE OF NAME CHANGE:** 20241021

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Cashmere Fund
- **DATE OF NAME CHANGE:** 20241015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sweater Cashmere Fund
- **DATE OF NAME CHANGE:** 20210622

## Nport-Ex

---

| |
|:---|
| **Cashmere Fund** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
|  | Principal/Shares | Fair Value |
| **Convertible Debt in Portfolio Companies - 6.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Goods and Retail - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Mad Rabbit Tattoo, Inc., 8.00%, due 8/15/26<sup>1,2</sup> | 250000 | $250000 |
| &nbsp;&nbsp;&nbsp;**Financial Technology - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Trellis Technologies, Inc., 8.00%, due 3/31/26<sup>1,2</sup> | 250000 | 250000 |
| &nbsp;&nbsp;&nbsp;**Healthcare - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Cabinet Health P.B.C., 4.55%, due 3/31/26<sup>1,2</sup> | 500000 | 500000 |
| **Total Convertible Debt in Portfolio Companies (Cost $1,000,000)** |  | **1000000** |
| **Equity Investments in Portfolio Companies - 57.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Goods and Retail - 25.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Beast Industries Series C Preferred Stock<sup>1,2,3</sup> | 6209 | 249974 |
| &nbsp;&nbsp;&nbsp;Drupely, Inc. dba Graza Series A-3 Preferred Stock<sup>1,2,3</sup> | 210999 | 1971594 |
| &nbsp;&nbsp;&nbsp;FEAT Socks, Inc.<sup>1,2,3</sup> | 3262472 | 242500 |
| &nbsp;&nbsp;&nbsp;IQ Bar, Inc. Series B Preferred Stock<sup>1,2,3</sup> | 41553 | 914582 |
| &nbsp;&nbsp;&nbsp;Lukla, Inc. dba OROS Series B Preferred Stock<sup>1,2,3</sup> | 412819 | 504787 |
| &nbsp;&nbsp;&nbsp;Nomadica Series Seed-6 Preferred Stock<sup>1,2,3</sup> | 462107 | 296580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Goods and Retail |  | 4180017 |
| &nbsp;&nbsp;&nbsp;**Consumer Technology - 11.9%** |  |  |
| &nbsp;&nbsp;&nbsp;After Services, Inc. Series Seed-7 Preferred Stock<sup>1,2,3</sup> | 24068 | 545198 |
| &nbsp;&nbsp;&nbsp;After Services, Inc. Series Seed-8 Preferred Stock<sup>1,2,3</sup> | 21445 | 485781 |
| &nbsp;&nbsp;&nbsp;GO, Inc. Series Seed-1 Preferred Stock<sup>1,2,3</sup> | 400160 | 267475 |
| &nbsp;&nbsp;&nbsp;Hearth Display, Inc.<sup>1,2,3</sup> | 301132 | 339879 |
| &nbsp;&nbsp;&nbsp;The Dyrt, Inc. Series C Preferred Stock<sup>1,2,3</sup> | 608726 | 274310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Technology |  | 1912643 |
| &nbsp;&nbsp;&nbsp;**Education Technology - 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;EdInvent, Inc. dba Accredible Series B Preferred Stock<sup>1,2,3</sup> | 79956 | 340465 |
| &nbsp;&nbsp;&nbsp;**Financial Technology - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Nada Holdings, Inc. Preferred Stock<sup>1,2,3</sup> | 56474 | 107606 |
| &nbsp;&nbsp;&nbsp;**Health Technology - 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Time Therapeutics, Inc. Series A-2 Preferred (Hone Health)<sup>1,2,3</sup> | 22006 | 330203 |
| &nbsp;&nbsp;&nbsp;**Human Resource Technology - 7.3%** |  |  |
| &nbsp;&nbsp;&nbsp;IsoTalent, Inc. Series Seed-1 Preferred Stock<sup>1,2,3</sup> | 764292 | 1043586 |
| &nbsp;&nbsp;&nbsp;Obra, Inc. Common Stock<sup>1,2,3</sup> | 764292 | 126437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Human Resource Technology |  | 1170023 |
| &nbsp;&nbsp;&nbsp;**Property Technology - 7.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Cloud Apartments, Inc. Series Seed-1 Preferred Stock<sup>1,2,3</sup> | 208995 | 275000 |
| &nbsp;&nbsp;&nbsp;Eloit Street, Inc. dba Guest House Series C-2 Preferred Stock<sup>1,2,3</sup> | 2012882 | 329287 |
| &nbsp;&nbsp;&nbsp;Havenly, Inc. Series C-1 Preferred Stock<sup>1,2,3</sup> | 63848 | 249997 |
| &nbsp;&nbsp;&nbsp;True Footage Inc. Series A Prime Preferred Stock<sup>1,2,3</sup> | 38836 | 312630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Property Technology |  | 1166914 |
| **Total Equity Investments in Portfolio Companies (Cost $5,850,047)** |  | **9207871** |
| **Portfolio Funds - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Private Investment Companies - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Curate Capital Fund I, LP<sup>1,3,4</sup> |  | 265356 |
| &nbsp;&nbsp;&nbsp;Ganas Ventures I, a series of Ganas Ventures, LP<sup>1,3,4,5</sup> |  | 161832 |
| &nbsp;&nbsp;&nbsp;Impressionism Capital Fund I, L.P.<sup>1,3,4</sup> |  | 124742 |
| &nbsp;&nbsp;&nbsp;Stonks Y Combinator Summer 2022 Access Fund, a Series of Stonks Funds, LP - Class A<sup>1,3,4,5</sup> |  | 161540 |
| **Total Portfolio Funds (Cost $657,500)** |  | **713470** |
| **Simple Agreements for Future Equity in Portfolio Companies - 23.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Goods and Retail - 6.5%** |  |  |
| &nbsp;&nbsp;&nbsp;De Soi, Inc.<sup>1,2,3</sup> |  | 240000 |
| &nbsp;&nbsp;&nbsp;Frances Valentine, LLC<sup>1,2,3</sup> |  | 500000 |
| &nbsp;&nbsp;&nbsp;Hikerkind, Inc.<sup>1,2,3</sup> |  | 300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Goods and Retail |  | 1040000 |
| &nbsp;&nbsp;&nbsp;**Consumer Technology - 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;The Last Gameboard, Inc.<sup>1,2,3</sup> |  |  |
| &nbsp;&nbsp;&nbsp;**Financial Technology - 3.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Line Financial, P.B.C.<sup>1,2,3</sup> |  | 600000 |
| &nbsp;&nbsp;&nbsp;**Healthcare - 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Lazzaro Medical, Inc.<sup>1,2,3</sup> |  | 300000 |
| &nbsp;&nbsp;&nbsp;Pear Suite, Inc.<sup>1,2,3</sup> |  | 496912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Healthcare |  | 796912 |
| &nbsp;&nbsp;&nbsp;**Health Technology - 6.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Grapefruit Health, Inc.<sup>1,2,3</sup> |  | 131250 |
| &nbsp;&nbsp;&nbsp;Parallel Health, Inc.<sup>1,2,3</sup> |  | 275000 |
| &nbsp;&nbsp;&nbsp;Wyndly Health, Inc.<sup>1,2,3</sup> |  | 575000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Health Technology |  | 981250 |
| &nbsp;&nbsp;&nbsp;**Logistics Technology - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Shappi, Inc.<sup>1,2,3</sup> |  | 287500 |
| **Total Simple Agreements for Future Equity in Portfolio Companies (Cost $3,341,440)** |  | **3705662** |
| **Warrants - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Financial Technology - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Acorns Grow, Inc., exercise price $0, expiration date 4/30/32<sup>1,2,3</sup> | 18936 | 40144 |
| &nbsp;&nbsp;&nbsp;Trellis Technologies, Inc., exercise price $0, expiration date 5/31/29<sup>1,2,3</sup> | 25000 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financial Technology |  | 40144 |
| &nbsp;&nbsp;&nbsp;**Property Technology - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Havenly, Inc., exercise price $2.1206, expiration date 2/17/28<sup>1,2,3</sup> | 31924 | 48251 |
| **Total Warrants (Cost $400,000)** |  | **88395** |
| **Short-Term Investments - 7.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Financial Square Government Fund - Institutional Class, 3.84%<sup>6</sup> | 1224740 | $1224740 |
| **Total Short-Term Investments (Cost $1,224,740)** |  | **1224740** |
| **Total Investments (Cost $12,473,727) - 98.9%** |  | **15940138** |
| Other assets in excess of liabilities - 1.1% |  | 180167 |
| **Net Assets - 100.0%** |  | $**16120305** |

---

P.B.C. - Public Benefit Corporation

dba - doing business as

LP - Limited Partnership

<sup>1</sup> Restricted security. The total value of these securities is $14,715,398, which represents 91.3% of Fund net assets. Please refer to Restricted Securities in the Notes to the Schedule of Investments.

<sup>2</sup> Level 3 securities fair valued using significant unobservable inputs. The total value of these securities is $14,001,928, which represents 86.9% of Fund net assets.

<sup>3</sup> Non-Income Producing

<sup>4</sup> Investment valued using net asset value per share (or its equivalent) as a practical expedient.

<sup>5</sup> Affiliated investment for which ownership exceeds 5% of the investment's capital.

<sup>6</sup> Rate disclosed represents the seven day yield as of period end.

**Cashmere Fund**

**Notes to the schedule of investments**

**december 31, 2025 (unaudited)**

**Restricted Securities**

Restricted securities include securities that have not been registered under the Securities Act of 1933, as amended, and securities that are subject to restrictions on resale. The Fund may invest in restricted securities that are consistent with the Fund's investment objectives and investment strategies. Investments in restricted securities are valued at fair value as determined in good faith in accordance with procedures adopted by the Board of Trustees.

Additional information on each restricted investment held by the Fund on December 31, 2025 is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Initial<br> Acquisition Date** | **Cost** | **Fair<br> Value** | **% of<br> Net Assets** |
| Acrons Grow, Inc. Warrants | 6/9/2025 | $400000 | $40144 | 0.2% |
| After Services, Inc. Series Seed-7 Preferred Stock | 6/6/2022 | 250000 | 545198 | 3.4% |
| After Services, Inc. Series Seed-8 Preferred Stock | 6/6/2022 | 250000 | 485781 | 3.0% |
| Beast Industries Series C Preferred Stock | 4/24/2025 | 249974 | 249974 | 1.6% |
| Cabinet Health P.B.C. | 2/14/2023 | 500000 | 500000 | 3.1% |
| Cloud Apartments, Inc. Series Seed-1 Preferred Stock | 5/8/2023 | 250000 | 275000 | 1.7% |
| Curate Capital Fund I, LP | 7/1/2022 | 170000 | 265356 | 1.6% |
| De Soi, Inc. | 7/18/2024 | 200000 | 240000 | 1.5% |
| Drupely, Inc. dba Graza Series A-3 Preferred Stock | 6/17/2022 | 200000 | 1971594 | 12.1% |
| EdInvent, Inc. dba Accredible Series B Preferred Stock | 7/29/2022 | 250000 | 340465 | 2.1% |
| Eloit Street, Inc. dba Guest House Series C-2 Preferred Stock | 11/8/2022 | 300000 | 329287 | 2.0% |
| FEAT Socks, Inc. | 6/15/2022 | 250000 | 242500 | 1.5% |
| Frances Valentine, LLC | 11/18/2022 | 500000 | 500000 | 3.1% |
| Ganas Ventures I, a series of Ganas Ventures, LP | 7/1/2022 | 187500 | 161832 | 1.0% |
| GO, Inc. Series Seed-1 Preferred Stock | 11/18/2022 | 500000 | 267475 | 1.7% |
| Grapefruit Health, Inc. | 5/2/2023 | 125000 | 131250 | 0.8% |
| Havenly, Inc. Warrants | 2/10/2023 |  | 48251 | 0.3% |
| Havenly, Inc., Series C-1 Preferred Stock | 2/10/2023 | 249997 | 249997 | 1.6% |
| Hearth Display, Inc. | 1/6/2023 | 250000 | 339879 | 2.1% |
| Hikerkind, Inc. | 8/10/2023 | 250000 | 300000 | 1.9% |
| Impressionism Capital Fund I, L.P. | 4/20/2023 | 150000 | 124742 | 0.8% |
| IQ Bar, Inc. Series B Preferred Stock | 8/12/2022 | 250000 | 914582 | 5.7% |
| IsoTalent, Inc. Series Seed-1 Preferred Stock | 7/8/2022 | 1000000 | 1043586 | 6.5% |
| Lazzaro Medical, Inc. | 7/1/2022 | 250000 | 300000 | 1.9% |
| Line Financial, P.B.C | 8/17/2023 | 500000 | 600000 | 3.7% |
| Lukla, Inc. dba OROS Series B Preferred Stock | 12/14/2023 | 500000 | 504787 | 3.1% |
| Mad Rabbit Tattoo, Inc. | 8/15/2024 | 250000 | 250000 | 1.6% |
| Nada Holdings, Inc. Preferred Stock | 6/17/2022 | 100000 | 107606 | 0.7% |
| Nomadica Series Seed-6 Preferred Stock | 7/1/2022 | 250000 | 296580 | 1.8% |
| Obra, Inc., Common Stock | 7/8/2022 | 76 | 126437 | 0.8% |
| Parallel Health, Inc. | 6/28/2022 | 250000 | 275000 | 1.7% |
| Pear Suite, Inc. | 11/14/2022 | 250000 | 496912 | 3.1% |
| Shappi, Inc. | 9/16/2022 | 250000 | 287500 | 1.8% |
| Stonks Y Combinator Summer 2022 Access Fund, a Series of Stonks Funds, LP - Class A | 9/16/2022 | 150000 | 161540 | 1.0% |
| The Dyrt, Inc. Series C Preferred Stock | 12/11/2023 | 250000 | 274310 | 1.7% |
| The Last Game Board, Inc. | 12/9/2022 | 266440 |  | 0.0% |
| Time Therapeutics, Inc. Series A-2 Preferred (Hone Health) | 5/25/2023 | 250000 | 330203 | 2.0% |
| Trellis Technologies, Inc. | 6/1/2023 | 250000 | 250000 | 1.6% |
| Trellis Technologies, Inc. Warrants | 6/1/2023 |  |  | 0.0% |
| True Footage Inc. Series A Prime Preferred Stock | 7/29/2022 | 250000 | 312630 | 1.9% |
| Wyndly Health, Inc. | 9/13/2022 | 500000 | 575000 | 3.6% |
|  |  | $11248987 | $14715398 | 91.3% |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Cashmere Fund

- **b. Investment Company Act file number:** 811-23712

- **c. CIK number of Registrant:** 0001868950

- **d. LEI of Registrant:** 549300O6JUUPFFNRZG22

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2000 Central Ave

  - **City:** Boulder

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80301

  - **Telephone number:** 8885777987

**Item A.2. Information about the Series.**

- **a. Name of Series:** Cashmere Fund

- **c. LEI of Series:** 549300O6JUUPFFNRZG22

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $16408964.06

**Total Liabilities:** $298296.38

**Net Assets:** $16110667.68

**Cash Not Reported:** $15664.09

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.47%               | -0.43%               | -0.37%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $0.00                                      |

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Acrons Grow, Inc. Warrants                                                | Acrons Grow, Inc. Warrants                                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     18936 | NC      | $40144.32     | 0.25%             |  |  |  | Yes           | 3                  | On Loan: No      |
| EdInvent, Inc. dba Accredible                                             | EdInvent, Inc. dba Accredible                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     79956 | NS      | $340464.64    | 2.11%             |  |  |  | Yes           | 3                  | On Loan: No      |
| After Services, Inc. - Tranche 1                                          | After Services, Inc. - Tranche 1                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     24068 | NS      | $545198.20    | 3.38%             |  |  |  | Yes           | 3                  | On Loan: No      |
| After Services, Inc. - Tranche 2                                          | After Services, Inc. - Tranche 2                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     21445 | NS      | $485780.93    | 3.02%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Beast Industries, Co.                                                     | Beast Industries, Co.                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      6209 | NS      | $249974.34    | 1.55%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Cabinet Health P.B.C.                                                     | Cabinet Health P.B.C.                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $500000.00    | 3.10%             | 2026-03-31      | Fixed         | 4.55%                 | Yes           | 3                  | On Loan: No      |
| Cloud Apartments, Inc.                                                    | Cloud Apartments, Inc.                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    208995 | NS      | $274999.80    | 1.71%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Curate Capital Fund I, LP                                                 | Curate Capital Fund I, LP                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $265356.00    | 1.65%             |  |  |  | Yes           | N/A                | On Loan: No      |
| De Soi, Inc.                                                              | De Soi, Inc.                                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $240000.00    | 1.49%             |  |  |  | Yes           | 3                  | On Loan: No      |
| FEAT Socks, Inc.                                                          | FEAT Socks, Inc.                                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   3262472 | NS      | $242499.54    | 1.51%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Goldman Sachs Financial Square                                            | Goldman Sachs Financial Square Government Fund - Class Administration     | CUSIP: 38141W265<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |   1212994 | PA      | $1212994.40   | 7.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Frances Valentine, LLC                                                    | Frances Valentine, LLC                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $500000.00    | 3.10%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Ganas Ventures I, a series of Ganas Ventures, LP                          | Ganas Ventures I, a series of Ganas Ventures, LP                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $161832.00    | 1.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Havenly, Inc.                                                             | Havenly, Inc.                                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     63848 | NS      | $249996.84    | 1.55%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Havenly, Inc. Warrants                                                    | Havenly, Inc. Warrants                                                    | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     31924 | NC      | $48251.21     | 0.30%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Hearth Display, Inc.                                                      | Hearth Display, Inc.                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    301132 | NS      | $339878.65    | 2.11%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Hikerkind, Inc.                                                           | Hikerkind, Inc.                                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $300000.00    | 1.86%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Time Therapeutics, Inc. (Hone Health)                                     | Time Therapeutics, Inc. (Hone Health)                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     22006 | NS      | $330202.67    | 2.05%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Impressionism Capital Fund I, L.P.                                        | Impressionism Capital Fund I, L.P.                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $124741.83    | 0.77%             |  |  |  | Yes           | N/A                | On Loan: No      |
| IQ Bar, Inc.                                                              | IQ Bar, Inc.                                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     41553 | NS      | $914581.53    | 5.68%             |  |  |  | Yes           | 3                  | On Loan: No      |
| IsoTalent, Inc.                                                           | IsoTalent, Inc. - Series Seed-1 Preferred Stock Shares                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    764292 | NS      | $1043587.23   | 6.48%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Last Game Board, Inc.                                                     | Last Game Board, Inc.                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Last Game Board, Inc.                                                     | Last Game Board, Inc.                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Lazzaro Medical, Inc.                                                     | Lazzaro Medical, Inc.                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $300000.00    | 1.86%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Line Financial, P.B.C                                                     | Line Financial, P.B.C                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $600000.00    | 3.72%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Lukla, Inc. dba OROS                                                      | Lukla, Inc. dba OROS                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    412819 | NS      | $504786.82    | 3.13%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Mad Rabbit Tattoo, Inc.                                                   | Mad Rabbit Tattoo, Inc.                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250000.00    | 1.55%             | 2026-08-15      | Fixed         | 8.00%                 | Yes           | 3                  | On Loan: No      |
| Nada Holdings, Inc.                                                       | Nada Holdings, Inc.                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     56474 | NS      | $107605.56    | 0.67%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Nomadica                                                                  | Nomadica                                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    462107 | NS      | $296580.27    | 1.84%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Obra, Inc.                                                                | Obra, Inc.                                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    764292 | NS      | $126436.83    | 0.78%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Parallel Health, Inc.                                                     | Parallel Health, Inc.                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $275000.00    | 1.71%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Pear Suite, Inc.                                                          | Pear Suite, Inc.                                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |    122257 | OU      | $496912.35    | 3.08%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Trellis Technologies, Inc. Warrants                                       | Trellis Technologies, Inc. Warrants                                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     25000 | NC      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| True Footage Inc.                                                         | True Footage Inc. - Series A Prime Preferred Stock                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     38836 | NS      | $312629.80    | 1.94%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Wyndly Health, Inc.                                                       | Wyndly Health, Inc.                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $575000.00    | 3.57%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Grapefruit Health, Inc.                                                   | Grapefruit Health, Inc.                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $131250.00    | 0.81%             |  |  |  | Yes           | 3                  | On Loan: No      |
| GO, Inc.                                                                  | GO, Inc.                                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    400160 | NS      | $267474.95    | 1.66%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Drupely, Inc. dba Graza                                                   | Drupely, Inc. dba Graza                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    210999 | NS      | $1971593.65   | 12.24%            |  |  |  | Yes           | 3                  | On Loan: No      |
| Eloit Street, Inc. dba Guest House                                        | Eloit Street, Inc. dba Guest House                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2012882 | NS      | $329287.37    | 2.04%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Shappi, Inc.                                                              | Shappi, Inc.                                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  |  | US        |         1 | OU      | $287500.00    | 1.78%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Stonks Y Combinator Summer 2022 Access Fund, a Series of Stonks Funds, LP | Stonks Y Combinator Summer 2022 Access Fund, a Series of Stonks Funds, LP | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $161540.00    | 1.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| The Dyrt, Inc.                                                            | The Dyrt, Inc.                                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    608726 | NS      | $274310.20    | 1.70%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Trellis Technologies, Inc.                                                | Trellis Technologies, Inc.                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250000.00    | 1.55%             | 2025-03-31      | Fixed         | 8.00%                 | Yes           | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-12

**Name of Applicant:** Cashmere Fund

**Signature:** /s/Gordy Jones

**Name of Signer:** Gordy Jones

**Title:** Treasurer and Principal Financial Officer