Variant Alternative Income Fund

Variant Alternative Income Fund (NICHX) shows no cyber incidents or material red-flag 8-K filings in our 90-day monitoring window, though low signal here does not indicate low risk overall. Our full 12-month analysis window captures a longer risk profile, including dilution metrics, complete financing history, and AI-detected stress signals that may not yet appear in headline filings. The full $49 Report adds quantified dilution risk scores, detailed 8-K context and officer activity, historical financing patterns, and early-warning AI signals across the fund's operational and market exposures.