Washington, D.C. 20549







Pursuant to Section 13 or 15(d) of the

 Securities Exchange Act of 1934



Date of Report (Date of earliest event reported): March 13, 2023



PennantPark Investment Corporation

 (Exact name of registrant as specified in its charter)




 (State or other jurisdiction

 of incorporation)


 (Commission File Number)


 (IRS Employer

 Identification Number)



1691 Michigan Avenue

Miami Beach, Florida

 (Address of principal executive offices)



 (Zip Code)


(786) 297-9500

 (Registrant's telephone number, including area code)



Not Applicable

 (Former Name or Former Address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:







Title of Each Class


Trading Symbol(s)


Name of Each Exchange on Which Registered

Common Stock, par value $0.001 per share




The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.






Item 7.01. Regulation FD Disclosure


PennantPark Investment Corporation (the “Company”) is closely monitoring the recent developments involving Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”). The Company does not hold cash deposits or securities at SVB or Signature, does not maintain any financing arrangements with SVB or Signature and does not otherwise have any direct business relationship with SVB or Signature.


The Company has reviewed the extent of exposure of the Company’s portfolio companies to SVB and Signature. Based on that review, a limited number of portfolio companies have a relationship with SVB and Signature in the form of a cash depository and/or treasury management account. Based on the March 12, 2023 joint statement by the Treasury, the Federal Reserve, and FDIC that all SVB and Signature depositors will be protected and/or made whole, we do not expect that such relationships will have an adverse impact in any material respect on these portfolio companies. None of the Company’s portfolio companies have a lending relationship with SVB or Signature.


The information in this report on Form 8-K is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of such section. The information in this report on Form 8-K shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Act, or under the Exchange Act, except as shall be expressly set forth by specific reference in such filing.


Forward-Looking Statements


This report on Form 8-K may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act, the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports the Company files under the Exchange Act. All statements other than statements of historical facts included in this report on Form 8-K are forward-looking statements and are not guarantees of future performance or results, and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.


The Company may use words such as “anticipates,” “believes,” “expects,” “intends,” “seeks,” “plans,” “estimates” and similar expressions to identify forward-looking statements. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from its historical experience and present expectations.






Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.









Dated: March 13, 2023















/s/ Richard T. Allorto, Jr.







Richard T. Allorto, Jr.

Chief Financial Officer & Treasurer