{"schema_version":"secwatch.filing_event.v1","accession":"0001666384-23-000044","form_type":"8-K","ticker":null,"cik":"0001666384","company_name":"AG Twin Brook BDC, Inc.","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.785667+00:00","generated_at":"2026-06-12T23:06:36.297653+00:00","sec_items":["2.01","7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"AG Twin Brook BDC acquired by TCAP for $20/share cash; special dividend of $0.7556 declared","bullets":["Merger with AG Twin Brook Capital Income Fund closed July 28, 2023; each share converted to $20 cash.","Total cash consideration ~$193 million, funded by $180M credit facility borrowings and $13M cash on hand.","Special dividend of $0.7556 per share declared July 27, payable July 28 to stockholders of record July 27.","Transaction approved by TCAP shareholders and AG Twin Brook BDC stockholders at July 18 special meetings."],"urls":{"canonical":"https://secwatch.observer/filing/0001666384-23-000044","json":"https://secwatch.observer/filing/0001666384-23-000044.json","markdown":"https://secwatch.observer/filing/0001666384-23-000044.md","text":"https://secwatch.observer/filing/0001666384-23-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1666384/000166638423000044/0001666384-23-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1666384/000166638423000044/agtb-20230728.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:06:36.297653+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":"aa59a8c2184ded0f1393e1a228222233855ca498","claim":"AG Twin Brook BDC, Inc. underwent a change of control involving AG Twin Brook Capital Income Fund for $20 per share in cash (closed 2023-07-28).","evidence_excerpt":"of common stock, par value $0.001 per share, of the Company (the “Common Stock”) outstanding immediately prior to the Effective Time was converted into the right to receive $20 per share in cash, without interest (the “Per Share Consideration”), subject to any applicable withholding taxes. TCAP paid total cash consideration in connection with the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1666384/000166638423000044/0001666384-23-000044-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"AG Twin Brook Capital Income Fund"},{"label":"Consideration","value":"$20 per share in cash"},{"label":"Closing","value":"2023-07-28"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}