---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-020007"
form_type: "8-K"
ticker: "BCIC"
cik: "0001372807"
company_name: "BCP Investment Corp"
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:22:53.387877+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Portman Ridge to acquire Logan Ridge in stock-for-stock merger valued at 1.5x shares

## Summary
- Each LRFC share converts to 1.500 newly issued PTMN shares; no cash component except fractional shares.
- LRFC to pay pre-closing dividend of at least $1.0M (estimated <$1.5M) to maintain RIC status.
- PTMN adviser SCIM waives up to $1.5M in incentive fees over eight quarters post-closing.
- Closing expected Q2 2025; requires stockholder and regulatory approvals, plus NASDAQ listing.
- Both special committees and full boards of PTMN and LRFC unanimously approved the merger.

## SEC filing metadata
- accession: 0001193125-25-020007
- form_type: 8-K
- ticker: BCIC
- cik: 0001372807
- company_name: BCP Investment Corp
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372807/000119312525020007/0001193125-25-020007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372807/000119312525020007/d823270d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-020007
- JSON: https://secwatch.observer/filing/0001193125-25-020007.json
- Plain text: https://secwatch.observer/filing/0001193125-25-020007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.