{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-137267","form_type":"8-K","ticker":"BCIC","cik":"0001372807","company_name":"BCP Investment Corp","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.136255+00:00","generated_at":"2026-06-02T02:02:43.378449+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Portman Ridge Q1 NII falls 43% QoQ to $0.67/sh; NAV $22.57; dividend $0.69","bullets":["NII of $6.2M ($0.67/sh) down from $11.2M ($1.18) Q4 2023 and $8.5M ($0.89) Q1 2023.","NAV per share $22.57, down from $22.76 at Dec 31, 2023; total investments $471.3M.","Repurchased 51,015 shares for $1.0M in Q1, accretive $0.02 to NAV; Q2 dividend $0.69 payable May 31.","Core investment income $16.5M vs $19.3M YoY; non-accruals unchanged at 7 debt investments.","Net leverage 1.2x; borrowing par $291.7M down from $325.7M; asset coverage 171%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-137267","json":"https://secwatch.observer/filing/0001193125-24-137267.json","markdown":"https://secwatch.observer/filing/0001193125-24-137267.md","text":"https://secwatch.observer/filing/0001193125-24-137267.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1372807/000119312524137267/0001193125-24-137267-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1372807/000119312524137267/d838591d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T02:02:43.378449+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":[{"claim_id":"352cc70fba33d096f99d4e62390eaf1ca67c76bd","claim":"BCP Investment Corp reported first quarter ended March 31, 2024 results: revenue $16.5 million, net income $6.2 million ($0.67 per share), EPS $0.67 per share.","evidence_excerpt":"announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Total investment income for the first quarter of 2024 was $16.5 million (inclusive of the reversal $0.4 million, or $0.04 per share, of previously accrued income on two loans that were placed on non-accrual status in the first quarter), as compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1372807/000119312524137267/0001193125-24-137267-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$16.5 million"},{"label":"Net income","value":"$6.2 million ($0.67 per share)"},{"label":"EPS","value":"$0.67 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}