 Net asset value per share increased to 3.63 as of September 30, 2019 from 3.55 as of June 30, 2019. The overall increase in net asset value during the third quarter of 2019 was principally due to an increase in the value of the Funds shareholding in PalletOne, Inc. PalletOne. Equus holds an 18.7 fully-diluted share interest in PalletOne, Inc. PalletOne one of the nations largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States. 