{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-028392","form_type":"8-K","ticker":"TCPC","cik":"0001370755","company_name":"BlackRock TCP Capital Corp.","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.452721+00:00","generated_at":"2026-05-26T01:20:24.072560+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"BlackRock TCP Capital Q4 adjusted NII $0.36/sh; NAV drops to $9.23; dividend cut; non-accruals rise","bullets":["Q4 2024 adjusted NII $0.36/share; full-year adjusted NII $1.52/share.","NAV per share fell to $9.23 from $10.11 in prior quarter; net leverage 1.14x.","Non-accrual debt investments rose to 5.6% (fair value) from 3.8% prior quarter.","Regular dividend cut to $0.25/share from $0.34; special dividend $0.04/share declared.","Adviser voluntarily waived one-third of base management fee for first three quarters of 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-028392","json":"https://secwatch.observer/filing/0000950170-25-028392.json","markdown":"https://secwatch.observer/filing/0000950170-25-028392.md","text":"https://secwatch.observer/filing/0000950170-25-028392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000095017025028392/0000950170-25-028392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000095017025028392/tcpc-20250227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T01:20:24.072560+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}