APEX-Agents · Investment Banking

World221_TR_10

4/6Fail

APEX-Agents task World221_TR_10 in AI Agents for M&A Legal Due Diligence. Compare dual-harness agent runs across models — rubric criteria, scores, and public traces.

AI Agents for M&A Legal Due DiligenceInvestment Banking World 221Dual harnessGrader: rubric

Task IDtask_2b2666310e7e4712be0f2c0e4240d5a2

WorldInvestment Banking World 221

Expected outputmessage_in_console

Published runs4 models · dual config

Task prompt

What the agent was asked to do

Use the BBDC valuation model as a template and a prepare a full valuation of SLR INVESTMENT CORP. (SLRC) as of FY 2024. - Use the median of peer trading multiples - Retrieve the SLRC’s required data from the attached SLRC 10K files. - Use the share price as of December 31, 2024 ($16.16) for SLRC's actual equity value. Calculate SLRC’s Implied Equity Value according to the following methods: - P / NAV, P / E, P / Sales, and NAV / Share I want you to compute the Relative Premium / (Discount) of SLRC’s actual equity value. Then, determine the lowest and highest Implied Equity Value from all the valuation methods. Round to the nearest unit for the lowest and highest Implied Equity Value in thousands dollars. Round to 2 decimal places for the Relative Premium / (Discount) results in %. Print the correct information back to me here.

Published trajectories

Agent runs on this task

Curated dual-harness runs (parsed + original sandbox). Best scored run per model.

Model	Harness	Score	Result	Links
GPT-5.5showcase	dual	4/6	Fail	Share page Public trace
Gemini 3.1 Pro	dual	4/6	Fail	Share page Public trace
GPT-5.4 mini	dual	4/6	Fail	Share page Public trace
GPT-5.4 nano	dual	5/6	Fail	Share page Public trace

Grading rubric

Criteria and grader verdict (showcase run)

States the Lowest Implied Equity Value is equal to 713,135,000
Pass
Evidence: <TEXT_RESPONSE> states “Lowest Implied Equity Value: $713,135k.” Assessment: Criterion asks whether it states the Lowest Implied Equity Value is 713,135,000; $713,135k equals $713,135,000, so pass.
States the Highest Implied Equity Value is equal to 2,117,446,000
Pass
Evidence: <TEXT_RESPONSE> states “Highest Implied Equity Value: $2,117,446k.” Assessment: Criterion asks whether it states the Highest Implied Equity Value is 2,117,446,000; $2,117,446k equals $2,117,446,000, so pass.
States that for P / NAV valuation method, SLRC’s actual equity has a relative premium/discount of 23.62%
Pass
Evidence: In the table, the P / NAV row shows “Relative Premium / (Discount)” of “23.62%.” Assessment: Criterion asks for 23.62% for P / NAV; the response states exactly that, so pass.
States that for P / E valuation method, SLRC’s actual equity value has a relative premium/discount of -9.47%
Fail
Evidence: In the table, the P / E row shows “Relative Premium / (Discount)” of “(9.99%).” Assessment: Criterion asks for -9.47% for P / E; the response states -9.99%, which does not match, so fail.
States that for P / Sales valuation method, SLRC’s actual equity value has a relative premium/discount of -58.36%
Pass
Evidence: In the table, the P / Sales row shows “Relative Premium / (Discount)” of “(58.36%).” Assessment: Criterion asks for -58.36% for P / Sales; parentheses indicate a negative value, matching -58.36%, so pass.
States that for NAV / Share valuation, SLRC’s actual equity value has a relative premium/discount of 18.34%
Fail
Evidence: In the table, the NAV / Share row shows “Relative Premium / (Discount)” of “5.07%.” Assessment: Criterion asks for 18.34% for NAV / Share; the response states 5.07%, which does not match, so fail.