PhenixFIN Corp 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Since January 4, 2021, the common stock trades on the NASDAQ Global Market under the trading symbol “PFX.” As of September 30, 2025, we had 11 stockholders of record of our common stock, which did not include stockholders for whom shares are held in “nominee” or “street name.” The following table sets forth, for the periods indicated, the range of high and low closing prices of our common stock and the sales price as a percentage of the net asset value per share of our common stock. Closing Market Price Premium/ (Discount) of High Market Price to Premium/ (Discount) of Low Market Price to NAV (1) High Low NAV (2) NAV (2) Fiscal year ending September 30, 2025 Fourth Quarter $ 80.24 $ 53.59 $ 47.07 (33.21 )% (41.34 )% Third Quarter 78.20 52.35 47.51 (33.06 )% (39.25 )% Second Quarter 78.72 54.38 47.99 (30.92 )% (39.04 )% First Quarter 80.59 51.00 46.00 (36.72 )% (42.92 )% Fiscal year ending September 30, 2024 Fourth Quarter $ 79.37 $ 48.15 $ 45.01 (39.33 )% (43.29 )% Third Quarter 76.35 48.00 42.50 (37.13 )% (44.34 )% Second Quarter 76.35 45.50 41.34 (40.41 )% (45.85 )% First Quarter 73.14 42.50 36.38 (41.89 )% (50.26 )% Fiscal year ending September 30, 2023 Fourth Quarter $ 70.75 $ 40.00 $ 35.71 (43.46 )% (49.53 )% Third Quarter 67.01 39.00 32.00 (41.80 )% (52.25 )% Second Quarter 62.70 39.14 32.49 (37.58 )% (48.18 )% First Quarter 59.38 36.49 31.05 (38.55 )% (47.71 )% (1) Net asset value per share is determined as of the last day in the relevant quarter and therefore may not reflect the net asset value per share on the date of the high and low market prices. The net asset value per share shown is based on outstanding shares at the end of the period. (2) Calculated as of the respective high or low closing market price less quarter end net asset value divided by the quarter end net asset value. For all periods presented in the table above, there was no return of capital included in any distribution. Shares of business development companies may trade at a market price that is less than the value of the net assets attributable to those shares. The possibility that our shares of common stock will trade at a discount or premium to net asset value is separate and distinct from the risk that our net asset value will decrease. The last reported closing price of our common stock on December 10, 2025 was $41.50 per share, approximately 51.72% of the Company’s then-current NAV. As of December 10, 2025 we had 11 stockholders of record of our common stock, which did not include stockholders for whom shares are held in “nominee” or “street name.” Sales of Unregistered Securities We did not sell any securities within the past three years that were not registered under the Securities Act of 1933. Stock Performance Graph This graph compares the stockholder return on our common stock from September 30, 2020 to September 30, 2025 with that of the Standard & Poor’s 500 Stock Index and the Russell 2000 Financial Services Index. This graph assumes that on September 30, 2020, $100 was invested in our common stock, the S&P 500 Index, and the Russell 2000 Financial Services Index. The graph also assumes the reinvestment of all cash dividends prior to any tax effect. Investment performance shown for periods prior to January 1, 2021 was achieved pursuant to our former externally-managed structure. The graph and other information furnished under this Part II Item 5 of this annual report on Form 10-K shall not be deemed to be “soliciting material” or to be “filed” with the SEC or subject to Regulation 14A or 14C, or to the liabilities of Section 18 of the Exchange Act. The stock price performance included in the below graph is not necessarily indicative of future stock performance. 50 Issuer Purchases of Securities Information relating to the Company’s purchases of its common stock during the year ended September 30, 2025 is as follows: Month Ended Shares Repurchased Repurchase Price Per Share Aggregate Consideration for Repurchased Shares June 2025 15,909 $50.03 - $50.03 795,932 September 2025 100 $47.68 - $47.68 4,773 Total 16,009 800,705 Item 6. [Reserved]