Portman Ridge shareholders approve merger with Logan Ridge; closing expected July 15

BCP Investment Corp

PTMN shareholders voted 4.16M for vs 541K against (88% approval) on merger share issuance.
LRFC shareholders approved the merger on June 20; closing expected on or about July 15, 2025.
Combined entity to rebrand as BCP Investment Corporation (BCIC) and pay monthly distributions starting 2026.
Management plans to buy up to 20% of shares if price falls below 80% of NAV; $10M buyback authorized.

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