{"schema_version":"secwatch.filing_event.v1","accession":"0001133228-25-001616","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":"2026-05-14T18:03:03.452964+00:00","generated_at":"2026-05-26T01:20:59.774610+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TCP Capital corrects Q4 earnings: net unrealized loss $72.3M, cuts regular dividend to $0.25","bullets":["Corrected Q4 net unrealized loss $72.3M ($0.85/share); GAAP NII $33.8M ($0.40), adjusted NII $30.8M ($0.36).","NAV per share fell to $9.23 from $10.11; net leverage 1.14x; non-accruals rose to 5.6% at fair value (14.4% at cost).","Regular dividend cut to $0.25 from $0.34; special dividend $0.04 in Q1; intends $0.02 special Q2 and Q3 2025.","Adviser voluntarily waived one-third of base management fee for three quarters starting Jan 1, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001133228-25-001616","json":"https://secwatch.observer/filing/0001133228-25-001616.json","markdown":"https://secwatch.observer/filing/0001133228-25-001616.md","text":"https://secwatch.observer/filing/0001133228-25-001616.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000113322825001616/0001133228-25-001616-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000113322825001616/brtc-efp14829_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T01:20:59.774610+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"}