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

TL;DR

**BlackRock TCP Capital Corp. just dropped an 8-K for 'Other Events' and 'Financials' on Feb 29, 2024, keeping the market in the loop.**

AI Summary

BlackRock TCP Capital Corp. filed an 8-K on February 29, 2024, reporting an 'Other Event' and 'Financial Statements and Exhibits'. This filing updates the public record regarding the company's current status and any related financial disclosures, with its business address listed as 2951 28th Street, Suite 1000, Santa Monica, California 90405.

Why It Matters

This filing provides updated public information about BlackRock TCP Capital Corp., ensuring transparency for investors and compliance with SEC regulations.

Risk Assessment

Risk Level: low — This 8-K is a routine filing for 'Other Events' and 'Financial Statements and Exhibits' and does not indicate any immediate specific risks.

Key Players & Entities

• BlackRock TCP Capital Corp. (company) — registrant
• February 29, 2024 (date) — date of report
• Delaware (company) — state of incorporation
• 814-00899 (other) — Commission File Number
• 56-2594706 (other) — IRS Employer Identification Number
• 2951 28th Street , Suite 1000 Santa Monica , California 90405 (other) — principal executive offices address
• 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, 2028, which were estimated to be $0.34 per share consistent with current pract
• $0.10 — er 31, 2028, which were estimated to be $0.10 per share consistent with current pract
• $13.57 — ce; Estimated NAV per share of TCPC of $13.57 as of December 31, 2028; and Estimated
• $4.55 — and Estimated NAV per share of BCIC of $4.55 as of December 31, 2028. The section c

Filing Documents

• ef20022716_8k.htm (8-K) — 79KB
• 0001140361-24-010481.txt ( ) — 219KB
• tcpc-20240229.xsd (EX-101.SCH) — 4KB
• tcpc-20240229_lab.xml (EX-101.LAB) — 21KB
• tcpc-20240229_pre.xml (EX-101.PRE) — 16KB
• ef20022716_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"), a stockholder demand letter has been sent to TCPC. This letter demands that the TCPC Board cause TCPC to provide supplemental disclosures to the joint proxy statement / prospectus on Form 424B3 with respect to the Merger. The definitive joint proxy statement / prospectus of BCIC and TCPC contained therein is referred to as the "Joint Proxy Statement." TCPC believes that it has previously disclosed all material information required to be disclosed to its stockholders to ensure that the Joint Proxy Statement as of the date of its filing is complete and correct such that its stockholders can make an informed vote at the Special Meeting (as defined below) and that any additional disclosures requested by the stockholder in the aforementioned letter are immaterial. Accordingly, TCPC believes that no supplemental disclosures are required

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 statements may include "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 29, 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