secwatch.observer — SEC 8-K summary
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Issuer:     Investcorp Credit Management BDC, Inc. (ICMB)
CIK:        0001578348
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001193125-26-140393
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ICMB posts Q4 NAV drop to $4.25, suspends dividend, launches strategic review
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- NAV per share fell to $4.25 from $5.04; net assets decreased $11.4M (-15.65%) in the quarter.
- Net investment income before taxes $0.3M ($0.02/share); net decrease in net assets from operations ($9.4M).
- Board initiated strategic alternatives review led by Special Committee; no dividend declared for current quarter.
- Refinanced $65M 4.875% Notes with floating-rate unsecured notes (SOFR+5.5%) due July 2029 from adviser affiliate.
- Portfolio at fair value $172.7M (37 companies); weighted average yield on debt 10.56%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1578348/000119312526140393/0001193125-26-140393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1578348/000119312526140393/d130844d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-140393

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