Powerlaw Corp. (Nasdaq: PWRL)The next chapter in Private-Marketinvesting is here.Source. Realize. Share. Reinvest. Repeat.

PWRL unlocks exposure to high-growth private technology companies, paired with a monthly dividend program.

SpaceX, OpenAI, Kalshi, Kraken, Colossal, Deel, Vast Data, Stripe, Shield AI, Databricks, Mercor, Tether, Confidential Company, Saronic, Perplexity, Canva, Rippling, Figma, and Waymo - all in one Nasdaq-listed stock.

A Curated Portfolio of Private Tech.

Now available in one stock, tradable on Nasdaq.

PWRL unlocks exposure to high-growth private technology companies, paired with a monthly dividend program.

Powerlaw Corp. (Nasdaq: PWRL) is the flagship fund from Powerlaw Capital Group, an asset management firm building a publicly-listed platform for private technology investing.

Fund details

TickerPWRL
Listing VenueNasdaq
AdviserPowerlaw Fund Adviser, LLC.
Net Asset Value (NAV)$700.5M
NAV Per Share$16.23
Annual Management Fee2.5%
Monthly Dividend6%**

Updated monthly. Last updated August 31, 2026.

** The Fund’s Board of Directors has approved an annual dividend program for the Fund’s fiscal year 2027, which begins on October 1, 2026, and has declared the first three monthly dividends under the program. The Fund intends to declare and pay monthly dividends to stockholders at an annual rate of 6% based on the Fund’s August 31, 2026 NAV of $16.23 per share, which translates into a monthly dividend equal to $0.0812 per share. For all stockholders of record as of October 20, 2026, the Fund intends to pay the first dividend on October 30, 2026. The Board of Directors may amend or terminate the dividend program at any time. The 6% rate is annualized and calculated based on the Fund’s August 31, 2026 NAV; it is not a yield on PWRL’s market price.

What’s Next is the Whole Point

The famous logos were never the whole product. The cycle is the product.

The private-market icons of the last decade are entering a new chapter. PWRL is focused on what comes after them: identifying consequential companies before they become obvious, gaining access on sensible terms and turning private-market value into potential outcomes for public-market investors.

THE GREAT GRADUATION

Yesterday’s private icons are becoming public.

As leading private companies enter the public markets, access becomes more widely available—and the search for the next generation begins again.

BEYOND THE LOGOS

Famous names are not a strategy.

When a portfolio company goes public, we reassess the investment: retain exposure when prospective returns may justify it, reduce concentration when appropriate or redeploy capital when we believe it can work harder elsewhere.

FROM ACCESS TO OUTCOMES

A mark-up is not a return until it is realized.

Access is the beginning. Our process is designed to turn private-market value into liquidity through a repeatable cycle of sourcing, underwriting, realizing, sharing and reinvesting.

A NEW PACT WITH STOCKHOLDERS

Share value. Compound value.

PWRL’s monthly dividend program is designed to give stockholders a way to participate in the Fund’s distributable value while preserving meaningful capacity to pursue new private-market opportunities.

BUILDING WHAT COMES NEXT

Five frontiers. Three layers. One point of view.

We look beyond familiar logos to companies building across Machine Intelligence, Space & Defense, Financial Infrastructure, the Future of Work and Synthetic Biology.

THE PERMANENT JOB

The names will change. Our job will not.

Find consequential companies before they become obvious. Gain access on sensible terms. Underwrite the business, not the story. Realize value. Share a disciplined portion. Reinvest—and begin again.

Ready to Invest?

See the step-by-step path for investing in PWRL on all brokerage platforms.

Frequently Asked Questions

We want to bring as much transparency as possible to accessing private market investing. If you're not finding the answers you're looking for, contact us at Info@PWRL.com.

Powerlaw Corp. (Nasdaq: PWRL) is a listed closed-end fund registered under the Investment Company Act of 1940, offering exposure to leading private technology companies through a single Nasdaq-listed security. It provides daily liquidity, monthly NAV reporting and quarterly portfolio disclosure.

PWRL includes exposure to SpaceX, OpenAI, Kalshi, Databricks, Stripe, Shield AI, Deel, Kraken, Vast Data, Tether, Colossal Biosciences, Mercor, Perplexity, Canva, Rippling, Saronic, Figma and Waymo, all in one Nasdaq-listed stock, as of June 30, 2026. Portfolio holdings are disclosed quarterly, while NAV is reported monthly.

Powerlaw Corp. (Nasdaq: PWRL) is the first product of Powerlaw Capital Group and advised by Powerlaw Fund Adviser, LLC. The firm is backed by Akkadian Ventures' 16-year heritage in private-company secondary markets.

Portfolio holdings are carried at fair value, determined under the Fund's valuation policies with input from independent valuation sources. Inputs include recent primary financings, secondary market transactions and comparable-company multiples.

In an IPO, the Fund's position converts to listed equity, generally subject to a customary lock-up. In a sale, the Fund receives cash, stock, or a mix of consideration. Proceeds are reflected in NAV and may be available for reinvestment or distributions.

No. Shareholders own PWRL; the Fund owns the underlying private positions. Buying PWRL provides economic exposure to the portfolio through a single security listed on NASDAQ.

Powerlaw Corp. publishes monthly NAV and NAV per share, with quarterly portfolio disclosures. All filings are available on PWRL.com and through the SEC's EDGAR system.

Investing in PWRL involves a number of significant risks. Before you invest in PWRL, you should be aware of various risks associated with the investment, including those described in our prospectus. The prospectus contains this and other information about the Fund and is available free of charge at www.PWRL.com. You should carefully consider these risk factors, together with all of the other information included in the prospectus, before you decide whether to make an investment in PWRL.