Powerlaw’s board approved a $900,000 fidelity insurance policy from Federal Insurance for September 12, 2026, to October 9, 2027, with a $4,434 premium. Employee-related larceny and embezzlement coverage has no deductible.

Powerlaw and Powerlaw Fund II requested expedited regulatory permission to co-invest with affiliated advisers, subsidiaries and private vehicles, noting two five-member boards with three non-interested members each. If granted, co-investments would require same-class, same-price terms and board oversight.

Powerlaw updated its prospectus to set timing for monthly NAV per share and quarterly portfolio holdings information. Investors can expect monthly NAV within 15 business days, year-end month NAV within 60 days, and quarterly portfolio updates within 60 days.

Powerlaw launched a $250 million pooled investment fund offering under Rule 506(b), reporting $0 sold, $250 million remaining, one investor and a first sale date of August 7, 2026. The offering reports no non-accredited investors, sales commissions or finders fees.

Powerlaw reported a 2026 annual proxy voting notice for the period ended June 30, 2026, listing zero series and no explanatory information. Investors receive no reported proxy vote entries in the notice.

Powerlaw reported unaudited net asset value per share declined from $16.21 to $14.69 as of July 31, 2026, with total net asset value of $634 million. Valuations use Board-approved fair value methodologies and involve significant judgment for private investments.

Powerlaw proposed resale of up to 25 million common shares by Roth Principal Investments under a committed equity facility of up to $250 million over 36 months. Sales to Roth would dilute existing stockholders’ economic and voting interests.

Powerlaw’s Board of Directors authorized repurchases of up to 4.3 million shares, or 10% outstanding, at 5% or greater discounts to net asset value through July 20, 2027. Repurchases may reduce managed assets and lower asset coverage for outstanding leverage.

Powerlaw updated its June 30, 2026 portfolio, showing $556 million of fair value equal to 79.36% of net assets and new investments in Prometheus Industries and Shield AI Holdings. Investors receive updated exposure and concentration details.

Powerlaw scheduled an August 13, 2026 virtual annual stockholder meeting to elect Lars Leckie as Class I Director until 2029, with 43.2 million shares eligible to vote. Stockholders may vote one vote per share by proxy before August 12.