On September 27, 2017, Munish Sood, a member of the board of directors of Princeton Capital Corporation, the Chief Executive Officer and president, announced the company of his resignation from his role as a director, chief executive officer and president, effective immediately. On September 27, 2017, the board, with Mr. DiSalvo abstaining, approved the appointment of Mark S. DiSalvo, currently a director of the company, to serve as interim chief executive officer of the company, effective as of that same date. Mr. DiSalvo will also continue to serve in his capacity as a director of the company.