{"filings":[{"id":2208036,"accession_number":"0001193125-26-346267","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-08-12T16:27:49+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"BCP Investment ups KeyBank facility to $150M, cuts margin, extends maturity to 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Facility amount raised from $75M to $150M; margin cut to 2.50% (reinvestment) and 3.00% (amortization).","Maturity extended to Aug 6, 2031 (from Aug 21, 2029); reinvestment period to Aug 6, 2029.","Proceeds repaid and terminated JPM Revolving Credit Facility; GLPRF LLC assets transferred to CBL.","Collateral manager switched from Mount Logan Management to Sierra Crest Investment Management.","Limited waiver granted for defaults tied to Seller Merger Transactions (Logan Ridge/Portman Ridge merger)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2133407,"accession_number":"0001193125-26-340277","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-08-07T20:15:24+00:00","items":["2.02","9.01"],"status":"ready","headline":"BCIC Q2 NII $0.45/share, NAV down to $14.49; KeyBank facility upsized to $150M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 total investment income $15.2M, down from $17.6M Q1; NII $5.5M ($0.45/sh) vs $6.9M ($0.55) Q1.","NAV fell to $179.5M ($14.49/sh) from $193.0M ($15.60) at 3/31; unrealized markdowns driven by software names.","Declared monthly distributions of $0.09/sh for Oct, Nov, Dec 2026; Q4 total $0.27/sh.","Post-quarter: KeyBank facility upsized to $150M, spread cut 30bps, maturity extended to 2031; JPMorgan revolver repaid and terminated.","Non-accruals improved to 7 portfolio companies (5.7% amortized cost) from 9 (6.2%) at 3/31; portfolio yield ~12%."],"consensus_eps_estimate":0.4488,"consensus_eps_actual":-1.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1304116,"accession_number":"0001193125-26-285488","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-06-26T20:11:23+00:00","items":["5.07"],"status":"ready","headline":"BCP Investment Corp annual meeting elects directors, ratifies auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected Jennifer Kwon Chou, Joseph Morea, and Robert Warshauer to the Board until 2029.","Vote totals: Chou 3,125,975 For, 726,761 Withheld; Morea 3,153,180 For, 699,556 Withheld; Warshauer 3,031,794 For, 820,942 Withheld.","Ratification of Deloitte & Touche as independent auditor for FY 2026 passed: 7,194,309 For, 422,744 Against, 174,884 Abstain.","Broker non-votes recorded for director elections totaling 3,939,201; none for auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92484,"accession_number":"0001193125-26-215068","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BCIC Q1 NAV $15.60, core income $14.8M; Q2 total distribution $0.30","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total investment income $17.6M; core investment income $14.8M (up from $14.2M Q4 2025).","NII $6.9M ($0.55/share) vs $7.4M ($0.57) in Q4; NAV fell to $193M ($15.60) from $209.2M ($16.68).","Non-accruals declined to 2.6% of portfolio at fair value (from 4.0% in Q4); 40% of unrealized markdowns from Software.","Declared Q3 monthly base distribution total $0.27/share and Q2 supplemental $0.03/share, total $0.30 for Q2.","Redeemed $40M of 2026 Notes in April; repurchased 172,159 shares for $2.1M, accretive $0.07 to NAV."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103344,"accession_number":"0001193125-26-122220","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"BCP Investment Corp issues $50M of 7.50% notes due 2029 to refinance debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $50M aggregate principal of 7.50% notes due September 24, 2029.","Net proceeds used to repay $40M of LRFC 5.25% notes due 2026 and other indebtedness.","Notes are unsecured, rank pari passu with existing unsecured unsubordinated debt.","Notes may be redeemed before April 24, 2029 at make-whole premium, thereafter at par.","Company to use commercially reasonable efforts to maintain a rating from a nationally recognized statistical rating organization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103343,"accession_number":"0001193125-26-104166","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"BCP Investment amends credit facility; JPMorgan commitments decreased to $125M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate financing commitments under JPMorgan Revolving Credit Facility reduced to $125M.","Minimum funding amount lowered to $87.5M from $140M effective March 9, 2026.","JPMorgan waived the 1.00% prepayment premium on the Third Amendment Prepayment.","Maturity date remains August 29, 2027; portfolio manager is BCP Investment Corporation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103342,"accession_number":"0001193125-26-098787","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BCIC posts FY2025 NII of $25.1M, NAV down to $16.68/sh; transitions to monthly distributions of $0.09/sh","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2025 total investment income $61.2M, NII $25.1M ($2.28 per share) vs $24.0M ($2.59 per share) in FY2024.","NAV at Dec 31, 2025: $209.2M ($16.68 per share) vs $178.5M ($19.41 per share) at Dec 31, 2024.","Completed merger with Logan Ridge (July 15, 2025); issued $110M notes due 2028/2030; redeemed $108M 4.875% notes.","Distribution policy: quarterly base $0.32/sh for March; monthly base $0.09/sh starting April 2026 with potential quarterly supplements.","Board authorized $10M stock repurchase program; non-accrual debt investments increased to 4.0% of fair value portfolio vs 1.7%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119586,"accession_number":"0001193125-25-272589","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BCIC Q3 NII up 94% to $0.71/share; launches $9M tender offer, declares $0.47 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total investment income up 50% YoY to $18.9M; NII rose 94% to $8.8M ($0.71 diluted EPS).","NAV increased 40.4% to $231.3M ($17.55/share) after LRFC merger completion on July 15, 2025.","Declared Q4 2025 base distribution of $0.47/share, payable Nov 25 to holders of record Nov 17.","Launching up to $9.0M modified Dutch auction tender offer for common stock, expected to start Nov 10.","Issued $110M aggregate of 7.50% notes due 2028 and 7.75% notes due 2030; redeeming $108M 4.875% notes due 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":1.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119585,"accession_number":"0001193125-25-240428","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-10-15T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"BCP Investment Corporation issues $110M in new senior notes at 7.50%-7.75% to redeem outstanding 4.875% notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $35M 7.50% notes due 2028 and $75M 7.75% notes due 2030, aggregate $110M.","Net proceeds to redeem $108M of 4.875% notes due 2026; redemption expected November 13, 2025.","Notes sold at 98.50% (2028) and 97.75% (2030) of principal; rated BBB- by Egan-Jones.","New notes are senior unsecured, rank pari passu with other unsecured unsubordinated debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119584,"accession_number":"0001193125-25-240290","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-10-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"BCP Investment Corp director Matthew Westwood resigns; board shrinks to 8","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Westwood resigned from the Board on October 14, 2025, as part of rationalizing board size and reducing expenses.","He previously served on the Audit, Compensation, and Nominating & Corporate Governance committees.","The resignation was not due to any dispute or disagreement with the company.","Board size reduced from nine to eight directors effective immediately."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136160,"accession_number":"0001193125-25-185297","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Portman Ridge Finance to rename to BCP Investment Corporation; ticker changes to BCIC","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company filed certificate of amendment to change name from Portman Ridge Finance Corp to BCP Investment Corp effective Aug 22, 2025.","Common stock ticker symbol on Nasdaq will change from PTMN to BCIC on Aug 25, 2025.","Name change does not affect security holder rights; no other charter or bylaw changes.","Certificate of amendment attached as Exhibit 3.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136159,"accession_number":"0001193125-25-177935","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q2 NII $0.50/sh; completes Logan Ridge merger, rebrands to BCP Investment Corp","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 NII $4.6M ($0.50/sh), up from Q1 $0.47 but down from $0.70 YoY; total investment income $12.6M.","NAV $164.7M ($17.89/sh), down from $173.5M ($18.85) at Mar 31; portfolio fair value $395.1M across 96 companies.","Completed merger with Logan Ridge Finance on July 15; combined assets >$600M. Rebranding to BCP Investment Corp; new ticker BCIC.","Declared Q3 base distribution $0.47/sh plus supplemental $0.02/sh, payable Aug 29 to holders of record Aug 18.","Non-accrual debt investments unchanged at 6 (2.1% fair value); weighted avg yield 10.7%; net leverage 1.4x vs 1.3x."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136158,"accession_number":"0001628280-25-035078","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-07-16T23:59:59+00:00","items":["2.01","2.03","7.01","9.01"],"status":"ready","headline":"Portman Ridge closes merger with Logan Ridge, rebrands as BCP Investment Corp, announces share repurchase plan","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger closed July 15, 2025; LRFC shareholders received 1.5 PTMN shares each (approx. 4M shares issued).","Combined company has >$600M in assets; PTMN to rebrand as BCP Investment Corporation (ticker BCIC).","Company plans to transition to monthly base distributions starting 2026, with quarterly supplemental distributions.","Management/affiliates intend to buy up to 20% of outstanding stock if price below 80% of NAV ($15.08 based on March 31 NAV).","LRFC paid $0.47/share cash payment and declared $0.38/share tax distribution to legacy LRFC shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153228,"accession_number":"0001628280-25-033377","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"Portman Ridge shareholders approve merger with Logan Ridge; closing expected July 15","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["PTMN shareholders voted 4.16M for vs 541K against (88% approval) on merger share issuance.","LRFC shareholders approved the merger on June 20; closing expected on or about July 15, 2025.","Combined entity to rebrand as BCP Investment Corporation (BCIC) and pay monthly distributions starting 2026.","Management plans to buy up to 20% of shares if price falls below 80% of NAV; $10M buyback authorized."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153227,"accession_number":"0001193125-25-145811","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-06-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portman Ridge holds annual meeting; elects three directors, ratifies Deloitte as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected George Grunebaum, Dean C. Kehler, Matthew Westwood as directors; each received >1.7M votes for, with 2.99M broker non-votes.","Ratification of Deloitte & Touche as auditor for FY 2025 passed with 5,475,857 for, 81,590 against, 83,031 abstain.","As of record date April 25, 2025, 9,202,870 shares of common stock were outstanding and entitled to vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153226,"accession_number":"0001628280-25-029135","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"ISS and Glass Lewis recommend PTMN and LRFC stockholders vote FOR merger","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["ISS and Glass Lewis both recommend voting FOR the merger of LRFC with and into PTMN.","PTMN and LRFC special meetings to vote on merger scheduled for June 6, 2025.","Glass Lewis cites greater scale, diversified portfolio, and market liquidity as benefits.","ISS notes strategic rationale is sound: increased scale, simplification, diversification.","Ted Goldthorpe says merger enhances PTMN's scale, liquidity, diversification, and earnings accretion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153225,"accession_number":"0001193125-25-116982","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q1 NII $0.47/sh, NAV $18.85; quarterly dividend held at $0.47","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net investment income of $4.3M ($0.47/sh) vs $6.2M ($0.67/sh) YoY; total investment income $12.1M, down from $16.5M.","NAV per share fell to $18.85 from $19.41 at Dec 31, 2024; net deployment ~$1.8M ($17.5M deployed, $15.7M repayments).","Six debt investments on non-accrual, 4.7% of portfolio at amortized cost (vs 3.4% prior quarter).","Declared Q2 2025 base distribution of $0.47/sh, payable May 29 to holders of record May 19.","Company encourages shareholders to vote FOR the proposed acquisition of Logan Ridge Finance Corporation."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171999,"accession_number":"0001193125-25-055828","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q4 NII $0.60; NAV $19.41; Merges with Logan Ridge (1.5:1)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 NII $5.5M ($0.60/sh) vs $11.2M ($1.19) YoY; full-year NII $24.0M ($2.59) vs $34.8M ($3.66).","NAV $178.5M ($19.41/sh) at Dec 31, down from $188.0M ($20.36) Sep 30 and $213.5M ($22.76) Dec 31, 2023.","Merger with Logan Ridge (LRFC) at 1.5 PTMN shares per LRFC share; adviser waives up to $1.5M incentive fees for 8 quarters.","New dividend: $0.47 base + $0.07 supplemental quarterly, payable Mar 31; base sustainable across cycles.","Board authorized $10M stock repurchase program through Mar 2026; 202,357 shares repurchased in 2024 for ~$3.8M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171998,"accession_number":"0001193125-25-020007","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Portman Ridge to acquire Logan Ridge in stock-for-stock merger valued at 1.5x shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each LRFC share converts to 1.500 newly issued PTMN shares; no cash component except fractional shares.","LRFC to pay pre-closing dividend of at least $1.0M (estimated <$1.5M) to maintain RIC status.","PTMN adviser SCIM waives up to $1.5M in incentive fees over eight quarters post-closing.","Closing expected Q2 2025; requires stockholder and regulatory approvals, plus NASDAQ listing.","Both special committees and full boards of PTMN and LRFC unanimously approved the merger."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188991,"accession_number":"0001193125-24-256058","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q3 NII $0.63/share, NAV $20.36; 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NAV falls to $21.21; credit facility upsized to $200M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net investment income $6.5M ($0.70/share) vs $0.67 in Q1 and $0.83 in Q2 2023.","NAV per share $21.21, down from $22.57 in Q1; total NAV $196.4M.","Non-accrual debt investments rose to 9 (4.5% at amortized cost) from 7 (3.2%) in Q1.","Credit facility amended: size increased to $200M from $115M, margin cut to 2.50%, maturity extended to Aug 2027.","Declared Q3 dividend $0.69/share payable Aug 30; repurchased 79,722 shares for $1.6M in Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205471,"accession_number":"0001193125-24-187711","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2024-07-29T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Portman Ridge upsizes credit facility to $200M, reduces margin to 2.50%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Credit facility upsized to $200M (from $115M); margin reduced to 2.50% (from 2.80%).","Maturity extended to Aug 2027; reinvestment period to Aug 2026; non-call to Apr 2025.","$18.3M bridge advance and $85M upsizing refinance Senior Secured Notes due 2029.","JPMorgan Chase Bank remains administrative agent; Portman Ridge is portfolio manager."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222394,"accession_number":"0001193125-24-169141","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2024-06-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portman Ridge Finance announces annual meeting voting results","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected Ted Goldthorpe, Patrick Schafer, Alexander Duka to board until 2027 annual meeting.","Ratified Deloitte & Touche LLP as independent auditor for fiscal year ending December 31, 2024.","9,311,908 shares outstanding at record date; broker non-votes of 2,654,997 on director elections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222393,"accession_number":"0001193125-24-137267","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2024-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q1 NII falls 43% QoQ to $0.67/sh; NAV $22.57; dividend $0.69","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII of $6.2M ($0.67/sh) down from $11.2M ($1.18) Q4 2023 and $8.5M ($0.89) Q1 2023.","NAV per share $22.57, down from $22.76 at Dec 31, 2023; total investments $471.3M.","Repurchased 51,015 shares for $1.0M in Q1, accretive $0.02 to NAV; Q2 dividend $0.69 payable May 31.","Core investment income $16.5M vs $19.3M YoY; non-accruals unchanged at 7 debt investments.","Net leverage 1.2x; borrowing par $291.7M down from $325.7M; asset coverage 171%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241918,"accession_number":"0001193125-24-068256","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portman Ridge Q4/FY 2023 NII $3.66/share; dividend raised to $0.69; new $10M buyback; CFO transition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2023 total investment income $76.3M (+9.6% YoY); NII $34.8M ($3.66/share) vs $28.9M ($3.00/share) in 2022.","Q4 2023 NII $11.2M ($1.19/share) vs $7.1M ($0.74/share) Q4 2022; included $5.3M expense reimbursement from adviser.","NAV $213.5M ($22.76/share) at Dec 31, 2023, down from $232.1M ($24.23/share) a year ago but up from $214.8M Q3 2023.","Declared Q1 2024 dividend of $0.69/share, +$0.01 from Q1 2023. New $10M stock repurchase program through March 31, 2025.","Brandon Satoren appointed CFO/Secretary/Treasurer effective April 1, 2024; Jason Roos resigns, remains as advisor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259349,"accession_number":"0001193125-23-277204","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2023-11-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portman Ridge Q3 NII falls to $0.75/shr but NAV rises to $22.65; dividend increased","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2023 total investment income $18.6M, down from $19.0M YoY and $19.6M QoQ.","NII $7.2M ($0.75/shr) vs $8.4M ($0.87/shr) YoY; core investment income $18.3M, up from $17.6M.","NAV per share $22.65 vs $22.54 QoQ; repurchased 60,559 shares for $1.2M in Q3.","Declared Q4 dividend $0.69/shr (+$0.02 YoY); full year 2023 distributions $2.75/shr, up 7.4%.","Non-accruals at 1.6% of fair value; net leverage 1.34x, down from 1.39x."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276615,"accession_number":"0001193125-23-210830","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2023-08-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portman Ridge Q2 NII $0.83/share; dividend raised to $0.69, up $0.06 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total investment income $19.6M, up $4.6M YoY; NII $7.9M ($0.83/share) vs $5.5M ($0.57) YoY.","Core NII $7.6M ($0.79/share) vs $4.9M ($0.51) YoY; core investment income $19.2M.","Declares Q3 distribution $0.69/share (+$0.06 YoY), payable Aug 31, 2023 to holders of record Aug 22.","NAV $215.0M ($22.54/share), down from $225.1M ($23.56) in Q1 due to $6.6M CLO portfolio losses.","Repurchased 27,081 shares for ~$552k; portfolio at fair value $510.1M, non-accruals 0.8% by fair value."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276614,"accession_number":"0001193125-23-197701","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Portman Ridge director Tricia Hazelwood resigns due to new employer restrictions","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tricia Hazelwood resigned from Portman Ridge Board and Audit Committee effective July 27, 2023.","Resignation due to new position with employer that prohibits public board service.","No dispute or disagreement with the company.","No replacement named at this time.","Company's operations, policies, or practices unaffected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294379,"accession_number":"0001193125-23-173807","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portman Ridge annual meeting elects directors, ratifies Deloitte as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Jennifer Kwon Chou, Joseph Morea, and Robert Warshauer to three-year board terms expiring 2026.","Proposal 1 votes: Chou 3,152,908 for; Morea 3,088,989 for; Warshauer 3,084,571 for; 2,313,327 broker non-votes each.","Proposal 2: Ratified Deloitte & Touche as independent auditor for FY2023 with 5,498,342 for, 58,699 against, 20,879 abstain.","Approximately 9.5 million shares outstanding and entitled to vote as of record date April 25, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294378,"accession_number":"0001193125-23-145152","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2023-05-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portman Ridge Q1 NII $0.89/shr, up from $0.74; dividend raised to $0.69","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII of $8.5M ($0.89/shr) vs $7.1M ($0.74) in Q4 2022 and $7.9M ($0.82) a year ago.","Total investment income $20.3M, up 9% QoQ and 20% YoY; core investment income $19.3M.","NAV per share fell to $23.56 from $24.23 at Dec 31, 2022 due to net unrealized losses.","Quarterly distribution raised to $0.69/shr for Q2 2023, third consecutive increase.","Repurchased 35,613 shares for $0.8M in Q1 2023 under renewed buyback program."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314981,"accession_number":"0001193125-23-071483","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2023-03-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portman Ridge Q4 core investment income $17.7M; raises quarterly distribution to $0.68","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total Q4 investment income $18.6M vs $17.3M YoY; NII $7.1M ($0.74 per share).","FY2022 core investment income $64.2M (+$0.8M YoY); NII $28.9M ($3.00 per share) down from $42.0M.","NAV $232.1M ($24.23 per share) as of Dec 31; net leverage 1.49x on $378.2M borrowings.","Declared Q1 2023 distribution $0.68 per share (payable March 31), second consecutive quarterly increase.","Debt portfolio weighted avg interest rate 11.1% (vs 8.1%); non-accruals improved to 4 investments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333330,"accession_number":"0001193125-22-281264","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q3 NII $0.87/shr, up from $0.57; 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Kehler, and Matthew Westwood to board until 2025.","Grunebaum received 2,044,916 for, 471,870 withheld; Kehler 2,092,871 for, 423,915 withheld.","Westwood got 2,219,564 for, 297,222 withheld; all with 3,520,172 broker non-votes.","Ratified Deloitte & Touche as independent auditor for FY2022: 5,887,227 for, 123,880 against, 25,851 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":368039,"accession_number":"0001193125-22-147646","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2022-05-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Portman Ridge Q1 NII $0.82/shr; NAV flat at $28.76; refinances JPM credit facility","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII of $7.9M ($0.82/shr) vs $8.2M ($1.09/shr) in Q1 2021; total investment income $16.9M.","NAV per share $28.76, relatively flat from $28.88 in Q4 2021; non-accruals reduced to 6 from 7.","Refinanced JPM credit facility: margin reduced to 2.80%, switched to SOFR, maturity extended to 2026.","Declared Q2 dividend $0.63/shr, payable June 7; deployed ~$35M post-quarter in new investments.","Interest rate sensitivity: 87% floating rate loans; 1% rate increase would add ~$1.5M annual NII."],"consensus_eps_estimate":null,"consensus_eps_actual":0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":368038,"accession_number":"0001193125-22-142491","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2022-05-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Portman Ridge amends revolver: SOFR replaces LIBOR, margin down to 2.80%, maturity to 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended senior secured revolving credit facility with JPMorgan; replaced LIBOR benchmark with Term SOFR.","Lowered applicable margin on advances from 2.85% to 2.80% per annum.","Extended reinvestment period to April 29, 2024 and final maturity to April 29, 2026.","All other material terms of the credit facility remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":405305,"accession_number":"0001193125-21-308153","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2021-10-26T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Portman Ridge acquires $18.1M in portfolio assets from JMP units for cash and stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Portman Ridge buys $18.1 million of portfolio assets from JMP Group LLC subsidiaries.","Consideration: $1.4 million cash plus 556,852 shares of PTMN common stock at NAV.","Certain affiliated funds and a third party also purchasing interests on same terms.","Transaction expected to close subject to customary conditions; issuance exempt under Section 4(a)(2)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":424350,"accession_number":"0001193125-21-256995","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2021-08-26T23:59:59+00:00","items":["5.03","7.01","9.01"],"status":"ready","headline":"Portman Ridge completes 1-for-10 reverse stock split; authorized shares reduced to 20M","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Reverse split effective Aug 26, 2021; 10 shares combined into 1, no par value change.","Authorized shares decreased from 100M to 20M concurrent with split.","Fractional shares not issued; cash paid in lieu; new CUSIP 73688F201.","Symbol stays PTMN; trading on Nasdaq split-adjusted starts Aug 26.","About 9.12M shares outstanding after split, subject to fractional adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":424349,"accession_number":"0001193125-21-253461","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2021-08-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portman Ridge to implement 1-for-10 reverse stock split on August 26, 2021","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Reverse stock split effective August 26, 2021; trading begins on split-adjusted basis at market open.","Every 10 existing shares convert into 1 share; no fractional shares issued (cash in lieu).","Authorized common shares reduced from 100M to 20M; new CUSIP number assigned.","Shareholders approved split at June 7, 2021 annual meeting; Board set ratio at 1-for-10 on August 4, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":424348,"accession_number":"0001193125-21-220662","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2021-07-21T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Portman Ridge Finance amends bylaws to clarify uncertificated share procedures","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board adopted Third Amended and Restated Bylaws effective July 20, 2021.","Article V, Section 3 amended to clarify replacement of lost/destroyed certificates with uncertificated shares.","Article V, Section 4 amended to clarify transfer procedures for uncertificated shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":424347,"accession_number":"0001193125-21-208771","cik":1372807,"company_name":"BCP Investment Corp","ticker":"BCIC","form_type":"8-K","filed_at":"2021-07-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Graeme Dell resigns from Portman Ridge Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Graeme Dell resigned as a director effective June 30, 2021.","Resignation not due to any dispute or disagreement with the Company.","No replacement named in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":93326210.52010724,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}