---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-116982"
form_type: "8-K"
ticker: "BCIC"
cik: "0001372807"
company_name: "BCP Investment Corp"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:28:49.716120+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Portman Ridge Q1 NII $0.47/sh, NAV $18.85; quarterly dividend held at $0.47

## Summary
- Net investment income of $4.3M ($0.47/sh) vs $6.2M ($0.67/sh) YoY; total investment income $12.1M, down from $16.5M.
- NAV per share fell to $18.85 from $19.41 at Dec 31, 2024; net deployment ~$1.8M ($17.5M deployed, $15.7M repayments).
- Six debt investments on non-accrual, 4.7% of portfolio at amortized cost (vs 3.4% prior quarter).
- Declared Q2 2025 base distribution of $0.47/sh, payable May 29 to holders of record May 19.
- Company encourages shareholders to vote FOR the proposed acquisition of Logan Ridge Finance Corporation.

## SEC filing metadata
- accession: 0001193125-25-116982
- form_type: 8-K
- ticker: BCIC
- cik: 0001372807
- company_name: BCP Investment Corp
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372807/000119312525116982/0001193125-25-116982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372807/000119312525116982/d941049d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-116982
- JSON: https://secwatch.observer/filing/0001193125-25-116982.json
- Plain text: https://secwatch.observer/filing/0001193125-25-116982.txt

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