BlackRock TCP Capital Corp. Files 8-K for Other Events

TL;DR

**BlackRock TCP Capital Corp. just filed a standard 8-K for 'Other Events' on Feb 23, 2024, so nothing major to react to.**

AI Summary

BlackRock TCP Capital Corp. filed an 8-K on February 23, 2024, under Items 8.01 and 9.01, concerning "Other Events" and "Financial Statements and Exhibits." This filing updates the public record regarding the company's current status and any other material events that occurred on the report date, ensuring compliance with Section 13 or 15(d) of the Securities Exchange Act of 1934.

Why It Matters

This filing ensures transparency and keeps investors informed about any significant, non-routine events at BlackRock TCP Capital Corp., which can influence investment decisions.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for 'Other Events' and 'Financial Statements and Exhibits' without specific details indicating new risks.

Key Players & Entities

• BlackRock TCP Capital Corp. (company) — filer of the 8-K
• February 23, 2024 (date) — date of earliest event reported and filing date
• 814-00899 (other) — Commission File Number
• 56-2594706 (other) — IRS Employer Identification Number
• 310-566-1000 (other) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value TCPC NASDAQ Global Select
• $0.34 — er 31, 2026, which were estimated to be $0.34 per share consistent with current pract
• $0.10 — er 31, 2026, which were estimated to be $0.10 per share consistent with current pract
• $13.60 — ce; Estimated NAV per share of TCPC of $13.60 as of December 31, 2026; and Estimated
• $4.54 — and Estimated NAV per share of BCIC of $4.54 as of December 31, 2026. The second pa

Filing Documents

• ef20022253_8k.htm (8-K) — 47KB
• 0001140361-24-009252.txt ( ) — 186KB
• tcpc-20240223.xsd (EX-101.SCH) — 4KB
• tcpc-20240223_lab.xml (EX-101.LAB) — 21KB
• tcpc-20240223_pre.xml (EX-101.PRE) — 16KB
• ef20022253_8k_htm.xml (XML) — 4KB

01

Item 8.01. Other Events. On September 6, 2023, BlackRock TCP Capital Corp., a Delaware corporation ("TCPC"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with BlackRock Capital Investment Corporation, a Delaware corporation ("BCIC"), BCIC Merger Sub, LLC (f/k/a Project Spurs Merger Sub, LLC), a Delaware limited liability company and an indirect wholly-owned subsidiary of TCPC ("Merger Sub"), BlackRock Capital Investment Advisors, LLC, a Delaware limited liability company ("BCIA"), the external adviser to BCIC and Tennenbaum Capital Partners, LLC, a Delaware limited liability company and wholly-owned subsidiary of BCIA, the external adviser to TCPC ("TCP" and, collectively with BCIA, the "Advisers"). The Merger Agreement was amended and restated on January 10, 2024. The Merger Agreement provides that, at the effective time, BCIC shall merge with and into Merger Sub, and the separate existence of BCIC shall cease and Merger Sub shall be the surviving company of the Merger and shall continue its existence under Delaware law (the "Merger"). As of the date of this Current Report on Form 8-K (the "Current Report"), two stockholder demand letters have been sent to BCIC and the BCIC Board. These letters allege the two stockholders' respective beliefs that the registration statement filed on Form N-14 with respect to the Merger contains materially misleading and incomplete statements. The definitive joint proxy statement / prospectus of BCIC and TCPC contained therein is referred to as the "Joint Proxy Statement." BCIC has informed TCPC of the following: BCIC believes these claims are without merit. However, in an attempt to reduce the costs, risks and uncertainties inherent in potential litigation, BCIC has determined to voluntarily supplement the Joint Proxy Statement as described in this Current Report. Nothing in this Current Report shall be deemed an admission of the legal necessity or materiality of any of these disclosures under applica

Forward-Looking Statements

Forward-Looking Statements This document may contain forward-looking statements that involve substantial risks and uncertainties, including statements which relate to TCPC, BCIC or, following the Merger, the combined company, regarding future events or the future performance or future financial condition of TCPC, BCIC or, following the Merger, the combined company. The forward-looking use of words such as "anticipate," "believe," "expect," "seek," "plan," "should," "plan," "estimate" "project," and "intend" and similar expressions indicate forward-looking statements, although not all forward-looking statements include these words. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) the timing or likelihood of the Merger closing; (ii) the expected synergies and savings associated with the Merger; (iii) the ability to realize the anticipated benefits of the Merger, including the expected accretion to net investment income and the elimination or reduction of certain expenses and costs due to the Merger; (iv) the percentage of BCIC and TCPC stockholders voting in favor of the proposals submitted for their approval; (v) the possibility that competing offers or acquisition proposals will be made; (vi) the possibility that any or all of the various conditions to the consummation of the Merger may not be satisfied or waived; (vii) risks related to diverting management's attention from ongoing business operations; (viii) the risk that stockholder litigation in connection with the Merger may result in significant costs of defense and liability; (ix) changes in the economy, financial markets and political environment, including the impacts of i

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized. February 23, 2024 BLACKROCK TCP CAPITAL CORP. By: /s/ Rajneesh Vig Name: Rajneesh Vig Title: Chief Executive Officer and Chairman of the Board

View Full Filing

View this 8-K filing on SEC EDGAR