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Stock impact report

Equus Announces Fourth Quarter Net Asset Value

Equus Total Return, Inc. (EQS) 
US:NYSE Investor Relations: equuscap.com/investor.htm
Company Research Source: GlobeNewswire
HOUSTON, April 21, 2026 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) reports net assets as of December 31, 2025, of $16.6 million. Net asset value per share decreased to $1.19 as of December 31, 2025, from $1.90 as of September 30, 2025. Comparative data is summarized below (in thousands, except per share amounts): As of the Quarter Ended12/31/20259/30/20256/30/20253/31/202512/31/2024Net assets$16,570$26,504$34,111$34,197$29,510Shares outstanding13,96713,96713,58613,58613,586Net assets per share$1.19$1.90$2.51$2.52$2.17       Net Asset Value Changes. The following were the principal contributors to changes in the net asset value of the Company in the fourth quarter of 2025: Decrease in Fair Value of Morgan E&P, Inc. Morgan E&P, Inc. (“Morgan”) holds development rights to approximately 6,500 net acres in the Bakken/Three Forks formation in the Williston Basin of North Dakota. Principally due to a lower forward price curve for oil (as of Decembe Show less Read more
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