Portman Ridge acquires $18.1M in portfolio assets from JMP units for cash and stock

BCP Investment Corp

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).

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