secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001140361-24-014490
Event type: m_and_a
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock TCP Capital completes BCIC merger; exchange ratio 0.3834 per share
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- Merger closed effective March 18, 2024; BCIC merged into a subsidiary of TCPC.
- Exchange ratio 0.3834 based on TCPC NAV of $10.95/sh and BCIC NAV of $4.20/sh as of March 15, 2024.
- NAV change from Dec 31 to March 15 primarily due to further markdowns on Edmentum, Aventiv, Razor, Thras.io, and Astra.
- Adjusted NAV per share of TCPC as of March 15 may differ from reported NAVs at quarter ends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000114036124014490/0001140361-24-014490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000114036124014490/ef20024800_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-014490

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