We will continue to pursue opportunities where our experience, access, or structuring capabilities can create a genuine advantage. We will remain selective, we will stay focused on risk-adjusted returns, and we will ally capital with the same discipline our stockholders have come to expect of us. We are energized by this next chapter and confident in the platform we are building. Most importantly, we remain fully aligned with our stockholders and committed to create durable, long-term value. Thank you for your continued support. I will now like to turn the call over to Alison Green to review our financial results in greater detail.

Thank you, Mark. I'd like to follow Mark's update with a review of our investment activity and portfolio company realizations during the second quarter and subsequent to quarter end, a high-level review of our investment portfolios of quarter end, including the investment-themed breakdown, and a more detailed review of our second quarter financial results, including our current liquidity as of June 30th. I'll also touch on notable items during the second quarter and subsequent to quarter end, including the effectiveness of our externalization and the receipt of $20 million under the redeemable promissory note issued to a Magnetar affiliate. On December 31st, we committed up to $20 million to Magnetar Opportunity 2025-4LP, a special purpose vehicle invested in TensorFlow, Inc. We funded the initial $5 million tranche on January 2nd, 2026, and the remaining $15 million tranche on June 3rd. We are invested in TensorFlow, Inc.'s Series B preferred shares via our investments in the Class A interest and Class B interest of Magnetar Opportunity 2025-4LP. As of June 8th, our $20 million commitment to Magnetar Opportunity 2025-4LP has been fully funded. During the quarter, we also invested approximately $225,000 in Huntress Labs, common shares, and $9.5 million in Quick House Series A preferred shares, both through secondary transactions not inclusive of capitalized fees. Throughout the second quarter, we received four distributions from CW Opportunity 2LP totaling approximately $6.5 million in net proceeds. CW Opportunity 2LP is a special purpose vehicle for which the Class A interest is solely invested in the Class A common shares of CoreWeave Inc. We are invested in the Class A common shares of CoreWeave through our investment in the Class A interest of CW Opportunity 2LP. The distributions were categorized in aggregate as approximately $1.9 million return of capital and a $4.6 million realized gains. The aggregate distribution represented approximately 12.2% of our $15 million initial investment in CW Opportunity 2LP. The distributions received to date represent approximately 44.1% of the initial investment. As of quarter end, we continue to have exposure to CoreWeave through our remaining investment in CW Opportunity 2LP. Additionally, during the quarter, we sold 147,135 common shares of GravaGun Digital Holdings Inc., These sales resulted in net proceeds of approximately $467,000 and a realized gain of approximately $311,000. As of June 30th, we hold 452,619 public common shares or approximately 44% of our original position. Finally, during the quarter, we received a $5.2 million distribution reflecting a full exit from our investment in HL Digital Assets, Inc., resulting in a realized gain of approximately $45,000. Subsequent to quarter end on July 10th, we exercised 86,076 common warrants of Shogun Enterprises, Inc., doing business as Hearth, acquiring 86,076 shares of Class A common stock for an aggregate exercise price of approximately $861. Additionally, subsequent to quarter end through today, we sold 143,655 shares of Grab-A-Gun Digital Holdings, Inc., at an average net price per share of $3.12. These sales resulted in net proceeds of approximately $448,000 and a realized gain of approximately $295,000. As of today, we hold 308,964 remaining common shares, or 30% of our original position. I would now like to turn to our portfolio as a quarter end. Our top five positions as of June 30th were Whoop, OpenAI, Vast Data, TensorFlow, and Blank Health. These positions accounted for approximately 69% of the investment portfolio at fair value. Additionally, as of June 30th, our top ten positions accounted for approximately 86% of the investment portfolio. Segmented by seven general investment themes, the top allocation of our investment portfolio on June 30th was to consumer goods and services, representing approximately 41% of the portfolio at fair value. Artificial intelligence infrastructure and applications, and Software as a Service were the next largest categories with approximately 34% and 10% of our portfolio respectively. Approximately 6% of our portfolio was invested in education technology companies and the logistics and supply chain segment accounted for approximately 4% of the fair value of our portfolio. The financial technology and services category also accounted for approximately 4% of the fair value of our portfolio and throw sports accounted for 2% as of June 30th. We ended the second quarter of 2026 with a net asset value of approximately $355.9 million, or $13.44 per share, which is consistent with our financial reporting. The decrease in NAV per share from $14.24 at the end of Q1 2026 was primarily driven by an $0.88 per share decrease due to net investment loss, which includes approximately $20 million of accelerated and non-recurring expenses incurred in connection to the externalization. a $0.29 per share decrease related to the issuance of common shares from the partial conversions of our 6.5% convertible notes due to 2029, and a $0.02 per share decrease from the net change in unrealized depreciation of our investments during the quarter. The decrease in NAV per share was offset by a $0.20 per share increase related to stock-based compensation, net of share withholding settlements, and a $0.19 per share increase resulting from net realized gains from portfolio investments during the quarter. At June 30th, there were 26,473,222 shares of the company's common stock outstanding. Finally, regarding our liquidity as of quarter end, the end of the quarter was approximately $14.6 million of liquid assets, including approximately $12.9 million in cash and approximately $1.7 million in unrestricted public securities. Not included in our unrestricted public securities are approximately $15.4 million of public securities subject to lockup or other sales restrictions as of quarter end. This represents our remaining investment in Corwes via our Class A interest of CW Opportunity 2LP. During the quarter, the purchaser of the 6.5% convertible notes due to 2029 elected to exercise their conversion option on multiple occasions. and converted an aggregate of $8 million of the $35 million principal amount of convertible notes into 1,092,504 shares of the company's common stock and cash in the fractional shares. Upon completion of these conversions, the remaining principal balance of the 6.5% convertible notes due to 2029 was approximately $27 million at the end. As Mark mentioned, on April 2nd, our board of directors, including all of our independent directors, unanimously approved the company's transition from an internally managed BDC to an externally managed structure through an investment advisory agreement with Neo Stellar Advisors LLC, an entity jointly owned by certain members of the former Serow Capital Management Team and Magnetar Holdings LLC, an affiliate of Magnetar's multi-strategy alternative investment platform. Following stockholder approval on June 10th, the externalization became effective July 15th, 2026, and NeoSeller Advisors became the company's investment advisor. The company continues to trade on the NASDAQ global select market under the ticker symbol NSLR and continues to be led by Mark Klein, chairman, president and chief executive officer and myself as chief financial officer, treasurer and corporate secretary. In addition, Eric Falk, partner and head of strategy at Magnetar joined our board of directors in connection with the externalization. Subsequent to quarter end on July 17th, we received $20 million in gross proceeds from the issuance of a redeemable promissory note to a MAG affiliated entity. The redeemable promissory note bears interest at 6.5% per year, has a three-year maturity, and is mandatorily redeemable through the issuance of our common stock upon the completion of a qualifying equity financing, resulting in the issuance of at least $230 million of common equity. Additional details are set forth in the company's current report on Form 8K filed with the Securities and Exchange Commission on July 21st. That concludes my comments. We would like to thank you for your interest and support of Neo Stellar Capital. Now I will turn the call over to the operator to start the Q&A session. Operator?

Thank you. If you would like to ask a question or make a contribution on today's call, please press star 1 on your telephone keypad. To withdraw your question, please press star 2. Please limit yourself to one question per person. You will be advised when to ask your question. And we will take our first question from Alex Furman of Lucid Capital Markets. Alex, your line is live. Hi, guys.

Thanks very much for taking my question, and congratulations on the business transformation. Transformation here. Wanted to ask about your investment in Whoop. It's obviously been tremendously successful, a large portion of your portfolio at this point. Can you give us a sense, you know, best you can now, what the strategy is going to be for that investment, you know, when the IPO might happen and what your monetization timeline could look like there?

Sure, and thank you. We're very fortunate of where WHOOP is right now. We invested $11 million and it's worth considerably more. So in some ways a little bit of victim of our own success in the sense that it has become a large part of our portfolio. I think you will note if those who are following the company, the series of announcements that they have made in hiring very high-level folks and some of the other business initiatives, they've actually been extremely active. I think as you see the health and wellness market continue to grow, have seen that Aura, the smart ringmaker, has filed confidentially about two months ago to go public. I think how they move through the public markets is going to be extremely instructive to all. I think it'll be very, very well received. And I think Whoop, at least in the past, has been somewhere between a quarter or two quarters behind Aura in their fundraising efforts. So I suspect that MOOP has said this publicly that their intention is to go public and all else being equal I suspect they will try to do that at some time next year. Thank you.

Thank you. There are no further questions on the line so I will now hand you back to your host Mark Klein for closing remarks.

Thank you all for attending our call today. It is an extremely exciting Thank you for joining today's call you may now disconnect.