BlackRock TCP Capital Corp. Files 8-K with Officer/Director Updates
Ticker: TCPC · Form: 8-K · Filed: Aug 2, 2024 · CIK: 1370755
| Field | Detail |
|---|---|
| Company | Blackrock Tcp Capital Corp. (TCPC) |
| Form Type | 8-K |
| Filed Date | Aug 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-director-changes, filing
TL;DR
BlackRock TCP Capital Corp. filed an 8-K on Aug 2, reporting leadership changes and potential bylaw amendments.
AI Summary
BlackRock TCP Capital Corp. filed an 8-K on August 2, 2024, reporting events as of August 1, 2024. The filing indicates changes related to directors, officers, and compensatory arrangements, as well as potential amendments to its articles of incorporation or bylaws and financial statement disclosures. The company was formerly known as TCP Capital Corp. and Special Value Continuation Fund, LLC.
Why It Matters
This filing signals potential shifts in the company's leadership structure and governance, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate events and does not indicate immediate financial distress or significant operational changes.
Key Players & Entities
- BlackRock TCP Capital Corp. (company) — Registrant
- TCP Capital Corp. (company) — Former Company Name
- Special Value Continuation Fund, LLC (company) — Former Company Name
- August 2, 2024 (date) — Report Date
- August 1, 2024 (date) — Earliest Event Reported Date
FAQ
What specific changes are being reported regarding directors or officers?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" as an item of disclosure, but the specific details of these changes are not provided in the summary information.
Are there any amendments to the company's articles of incorporation or bylaws?
Yes, the filing lists "Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year" as an item of information, suggesting such amendments may have occurred or are being reported.
What is the significance of the "Compensatory Arrangements of Certain Officers" item?
This item indicates that the filing includes information regarding the compensation plans or arrangements for certain key officers of BlackRock TCP Capital Corp.
When was BlackRock TCP Capital Corp. formerly known as TCP Capital Corp.?
The date of the name change from TCP Capital Corp. to BlackRock TCP Capital Corp. was April 2, 2012.
What is the company's fiscal year end?
The company's fiscal year ends on December 31st.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2024-08-02 14:52:27
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value TCPC NASDAQ Global Select M
Filing Documents
- btcc-html8207_8k.htm (8-K) — 23KB
- btcc-html8207_ex991.htm (EX-99.1) — 168KB
- 0001133228-24-007258.txt ( ) — 395KB
- btcc-20240802.xsd (EX-101.SCH) — 3KB
- btcc-20240802_lab.xml (EX-101.LAB) — 33KB
- btcc-20240802_pre.xml (EX-101.PRE) — 22KB
- btcc-html8207_8k_htm.xml (XML) — 4KB
02. Departure
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers. Appointment of Philip Tseng as Director of the Company On August 1, 2024, the Board of BlackRock TCP Capital Corp. (the "Company") appointed Philip Tseng to the Board of Directors of the Company, with the appointment effective immediately. Mr. Tseng, a Managing Director of BlackRock, Inc., currently serves on the Board of Directors of BlackRock Direct Lending Corp. and currently serves as President for the Company, BlackRock Direct Lending Corp. and BlackRock Private Credit Fund.
03. Amendments
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On August 1, 2024, the Board of Directors of the Company approved the Second Amended & Restated By-Laws of the Company, for the sole purpose of updating requirements relating to the availability of the list of stockholders to better align with current requirements of Delaware law. The amended bylaws are filed with this Current Report on Form 8-K as Exhibit 99.1 hereto.
01. Financial
Item 9.01. Financial (d) Exhibits Exhibit Number Description 99.1 Second Amended & Restated By-Laws of BlackRock TCP Capital Corp., dated as of August 1, 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 thereunto duly authorized. BLACKROCK TCP CAPITAL CORP. Date: August 2, 2024 By: /s/ Laurence D. Paredes Name: Laurence D. Paredes Title: Secretary