BlackRock TCP Capital Corp. Files 8-K

TL;DR

TCPC filed an 8-K on March 7th covering votes, Reg FD, and financials.

AI Summary

BlackRock TCP Capital Corp. filed an 8-K on March 7, 2024, reporting on matters submitted to a vote of security holders, Regulation FD disclosures, and financial statements/exhibits. The filing also notes the company's principal executive offices are located at 2951 28th Street, Suite 1000, Santa Monica, California.

Why It Matters

This filing provides updates on corporate actions and financial reporting for BlackRock TCP Capital Corp., which is important for investors to stay informed about the company's status.

Risk Assessment

Risk Level: low — This is a routine filing of an 8-K, which typically reports on corporate events and financial information without immediate, significant market-moving news.

Key Players & Entities

• BlackRock TCP Capital Corp. (company) — Registrant
• March 7, 2024 (date) — Date of earliest event reported
• 2951 28th Street, Suite 1000, Santa Monica, California 90405 (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common stock, $0.001 par value per share TCPC The NASDAQ

Filing Documents

• ef20023530_8k.htm (8-K) — 38KB
• ef20023530_ex99-1.htm (EX-99.1) — 11KB
• 0001140361-24-011967.txt ( ) — 190KB
• tcpc-20240307.xsd (EX-101.SCH) — 4KB
• tcpc-20240307_lab.xml (EX-101.LAB) — 21KB
• tcpc-20240307_pre.xml (EX-101.PRE) — 16KB
• ef20023530_8k_htm.xml (XML) — 4KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. At 2:00 p.m. Eastern Time (11:00 a.m. Pacific Time) on March 7, 2024, BlackRock TCP Capital Corp. (the "Company" or "TCPC") held a Special Meeting of Stockholders via live Internet webcast (the "Meeting"). As of January 8, 2024, the record date, the Company had 57,767,264 shares of common stock outstanding. At the Meeting, the Company submitted one matter to the vote of the stockholders. A summary of the matter voted upon by stockholders is set forth below. Proposal. TCPC's stockholders approved the issuance of additional shares of common stock, par value $0.001 per share, of TCPC to be issued pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of January 10, 2024, among BlackRock Capital Investment Corporation, a Delaware corporation ("BCIC"), TCPC, BCIC Merger Sub, LLC, a Delaware limited liability company and an indirect wholly-owned subsidiary of TCPC, and, for the limited purposes set forth therein, BlackRock Capital Investment Advisors, LLC, a Delaware limited liability company and investment adviser to BCIC ("BCIA"), and Tennenbaum Capital Partners, LLC, a Delaware limited liability company and wholly-owned subsidiary of BCIA and investment adviser to TCPC (the "Proposal"). The Proposal is described in further detail in the Company's definitive proxy statement as filed with the Securities and Exchange Commission (the "SEC") on January 11, 2024. The Proposal was approved pursuant to the voting results set forth below: For Against Abstain 23,624,895 2,282,218 717,609 Broker Non-Vote 0 shares

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure . On March 7, 2024, the Company and BCIC issued a joint press release announcing, among other things, the voting results at the Meeting. A copy of the press release is furnished herewith as Exhibit 99.1. The information in Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Forward-Looking Statements

Forward-Looking Statements Some of the statements in this report constitute forward-looking statements because they relate to future events, future performance or financial condition of BCIC or TCPC or the merger of BCIC with and into a wholly owned, indirect subsidiary of TCPC (the "Merger"). The forward-looking statements may include statements as to: future operating results of BCIC and TCPC and distribution projections; business prospects of BCIC and TCPC and the prospects of their portfolio companies; and the impact of the investments that BCIC and TCPC expect to make. In addition, words such as "anticipate," "believe," "expect," "seek," "plan," "should," "estimate," "project" and "intend" indicate forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this report involve risks and uncertainties. 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 possibility that competing offers or acquisition proposals will be made; (v) the possibility that any or all of the various conditions to the consummation of the Merger may not be satisfied or waived; (vi) risks related to diverting management's attention from ongoing business operations; (vii) the risk that stockholder litigation in connection with the Merger may result in significant costs of defense and liability; (viii) changes in the economy, financial markets and political environment, including the impacts of inflation and rising interest rates; (ix) risks associated with possible disruption in the operatio

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Joint press release of BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation, dated March 7, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLACKROCK TCP CAPITAL CORP. Date: March 7, 2024 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