secwatch.observer — SEC 8-K summary
======================================

Issuer:     Eagle Point Credit Co Inc. (ECC)
CIK:        0001604174
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001104659-24-004178
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Point offers 1.4M shares of 8% Series F Preferred due 2029; estimates Dec 31 NAV $9.16-$9.26
--------------------------------------------------------------------------------

- Issued 1.4M shares of 8.00% Series F Term Preferred Stock at $25 liquidation preference, expected close Jan 18, 2024, under symbol ECCF.
- Underwriters have option to purchase up to an additional 210,000 shares within 30 days.
- Mandatory redemption on Jan 31, 2029 at $25 plus accrued dividends; optional redemption after Jan 18, 2026.
- Management estimates NAV per common share range $9.16-$9.26 as of Dec 31, 2023.
- Estimated net investment income plus realized gain/loss per share for Q4 2023: $0.31-$0.35.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604174/000110465924004178/0001104659-24-004178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604174/000110465924004178/tm243431d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-004178

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer