Vehicle file · Non-traded vehicle

Lafayette Square USA, Inc.

What its SEC filings show.

SEC CIK 1849089·Inc. DE·Fiscal year end 12/31·Data as filed · pulled Sep 21, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

Lafayette Square USA, Inc. is a non-traded vehicle registered with the SEC under CIK 1849089 (incorporated in DE). Its most recent filing is an 8-K (current report) dated Aug 3, 2026. As of Jun 30, 2026 it reported total assets of $1.16B (up 33.3% from $867.5M a year earlier) and stockholders' equity of $496.9M. Net income (loss) for the nine months to Jun 30, 2026 was $8.4M. In the nine months to Jun 30, 2026 it raised $93.3M from new shares. Reported NAV per share: $14.49 as of Jun 30, 2026.

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$1.16B	as of Jun 30, 2026	$867.5M	+33.3%	10-Q · Aug 3, 2026
Investments at fair value	$983.7M	as of Jun 30, 2026	$732.2M	+34.3%	10-Q · Aug 3, 2026
Cash and equivalents	$154.8M	as of Jun 30, 2026	$119.3M	+29.7%	10-Q · Aug 3, 2026
Total liabilities	$659.4M	as of Jun 30, 2026	$504.4M	+30.7%	10-Q · Aug 3, 2026
Long-term debt	$4.0M	as of Jun 30, 2023	—	—	10-Q · Aug 9, 2023
Debt (carrying amount)	$595.0M	as of Jun 30, 2026	$484.5M	+22.8%	10-Q · Aug 3, 2026
Secured debt	$37.0M	as of Mar 31, 2024	—	—	10-Q · May 10, 2024
Notes payable	$63.6M	as of Jun 30, 2026	—	—	10-Q · Aug 3, 2026
Stockholders' equity	$496.9M	as of Jun 30, 2026	$363.1M	+36.8%	10-Q · Aug 3, 2026
NAV per share	$14.49	as of Jun 30, 2026	$14.95	−3.1%	10-Q · Aug 3, 2026
Shares outstanding	34.3M shares	as of Jun 30, 2026	24.3M shares	+41.2%	10-Q · Aug 3, 2026
Shares outstanding (cover page)	34.3M shares	as of Aug 3, 2026	24.5M shares	+40.0%	10-Q · Aug 3, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Net income (loss)	$8.4M	nine months to Jun 30, 2026	$20.3M	−58.5%	10-Q · Aug 3, 2026
Cash from operations	−$145.0M	nine months to Jun 30, 2026	−$156.2M	+7.2%	10-Q · Aug 3, 2026
Management fees	$3.9M	nine months to Jun 30, 2026	$3.1M	+28.2%	10-Q · Aug 3, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Capital raised (common stock issued)	$93.3M	nine months to Jun 30, 2026	$1.7M	+5318.8%	10-Q · Aug 3, 2026
Distributions declared per share	$0.20	as of Sep 29, 2023	—	—	10-Q · Nov 8, 2023

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Aug 3, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Aug 3, 202610-Q · Quarterly reportEDGAR ↗
Jul 6, 2026SCHEDULE 13G · FilingEDGAR ↗
Jun 30, 2026SCHEDULE 13D/A · FilingEDGAR ↗
Jun 30, 20268-K · Current reportItems 7.01EDGAR ↗
Jun 30, 20268-K · Current reportItems 3.02EDGAR ↗
Jun 26, 20264 · Insider transactionEDGAR ↗
Jun 9, 20268-K · Current reportItems 5.07EDGAR ↗
Jun 1, 202640-17G · FilingEDGAR ↗
May 29, 20263 · Insider holdingsEDGAR ↗
May 11, 20268-K · Current reportItems 5.02EDGAR ↗
May 8, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
May 8, 202610-Q · Quarterly reportEDGAR ↗
Apr 28, 2026DEF 14A · Proxy statementEDGAR ↗
Apr 1, 20264 · Insider transactionEDGAR ↗
Apr 1, 20264 · Insider transactionEDGAR ↗
Apr 1, 20264 · Insider transactionEDGAR ↗
Apr 1, 20268-K · Current reportItems 3.02EDGAR ↗
Mar 31, 20264 · Insider transactionEDGAR ↗
Mar 25, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Mar 25, 202610-K · Annual reportEDGAR ↗
Mar 9, 20263 · Insider holdingsEDGAR ↗
Jan 21, 2026APP ORDR · FilingEDGAR ↗
Dec 31, 2025APP NTC · FilingEDGAR ↗
Dec 23, 20254 · Insider transactionEDGAR ↗

Our reads on Lafayette Square USA, Inc..

No forensic read of this vehicle yet. When a filing changes something for holders — a tender offer, a repurchase cap, a NAV reset, a distribution cut — the read goes here.

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1849089, retrieved Sep 21, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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Lafayette Square USA, Inc.

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