Investcorp Credit Management BDC Files Definitive Proxy Statement

TL;DR

Investcorp Credit Management BDC filed its proxy statement for the Dec 4th meeting. Shareholders vote on company matters.

AI Summary

Investcorp Credit Management BDC, Inc. filed its definitive proxy statement on October 21, 2024, for its annual meeting on December 4, 2024. The company, formerly known as CM Finance Inc until May 31, 2013, is headquartered at 280 Park Avenue, New York, NY. This filing is related to the company's governance and shareholder matters.

Why It Matters

This filing provides shareholders with crucial information regarding the company's annual meeting, allowing them to make informed decisions about corporate governance and voting.

Risk Assessment

Risk Level: low — This is a routine filing of a definitive proxy statement, which is standard for publicly traded companies and does not inherently indicate new risks.

Key Numbers

• 20241204 — Annual Meeting Date (Date of the shareholder meeting for which the proxy statement is filed.)
• 20241021 — Filing Date (Date the definitive proxy statement was filed with the SEC.)

Key Players & Entities

• Investcorp Credit Management BDC, Inc. (company) — Registrant
• CM Finance Inc (company) — Former Company Name
• 280 Park Avenue, New York, NY (location) — Business Address
• 0001193125-24-240404.txt (document) — Filing Document Name

FAQ

Key Financial Figures

• $2,500 — at an anticipated cost of approximately $2,500 plus reimbursement of certain expenses
• $100,000 — ted Directors: Michael C. Mauer Over $100,000 Suhail A. Shaikh None Independent
• $50,001 — Independent Directors: Julie Persily $50,001-$100,000 Thomas Sullivan $10,001-$50
• $10,001 — ly $50,001-$100,000 Thomas Sullivan $10,001-$50,000 Lee Shaiman $1$10,000 Exec
• $50,000 — 001-$100,000 Thomas Sullivan $10,001-$50,000 Lee Shaiman $1$10,000 Executive Of
• $1 — ullivan $10,001-$50,000 Lee Shaiman $1$10,000 Executive Officer: Walter Ts
• $10,000 — livan $10,001-$50,000 Lee Shaiman $1$10,000 Executive Officer: Walter Tsin Non
• $3.18 — e closing price for our common stock of $3.18 on September 20, 2024, on the NASDAQ Gl

Filing Documents

• d899036ddef14a.htm (DEF 14A) — 200KB
• g899036dsp26.jpg (GRAPHIC) — 57KB
• g899036dsp27.jpg (GRAPHIC) — 1KB
• 0001193125-24-240404.txt ( ) — 282KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 4 PROPOSAL 1: ELECTION OF DIRECTOR 6 CONFLICTS OF INTEREST AND CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 17 SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE 19

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 19 PRINCIPAL ACCOUNTANT FEES AND SERVICES 19 AUDIT COMMITTEE REPORT 21 OTHER BUSINESS 22 SUBMISSION OF STOCKHOLDER PROPOSALS 22 PRIVACY PRINCIPLES 22 -i- Table of Contents Investcorp Credit Management BDC, Inc. 280 Park Avenue, 39th Floor New York, NY 10017 (212) 257-5199 PROXY STATEMENT 2024 ANNUAL MEETING OF STOCKHOLDERS GENERAL This proxy statement is furnished in connection with the solicitation of proxies by the Board of Directors (the Board) of Investcorp Credit Management BDC, Inc., a Maryland corporation (the Company, we, us or our), for use at the Companys 2024 Annual Meeting of Stockholders (the Annual Meeting) to be held on December 4, 2024, at 10:00 a.m. Eastern Time, at the offices of the Company, 280 Park Avenue, 39th Floor, New York, NY 10017 and at any postponements or adjournments thereof. This proxy statement, the accompanying proxy card and the Companys Annual Report on Form 10-K for the fiscal year ended June 30, 2024, are first being sent to stockholders on or about October 21, 2024. We encourage you to vote your shares, either by voting in person at the Annual Meeting or by granting a proxy (i.e. , authorizing someone to vote your shares). If you properly sign and date the accompanying proxy card, and the Company receives it in time for the Annual Meeting, the persons named as proxies will vote the shares registered directly in your name in the manner that you specified. This proxy statement is also available via the Internet at www.icmbdc.com (under the Investor Relations section). The website also includes electronic copies of the form of proxy card and the Companys Annual Report on Form 10-K. If your shares are registered in the name of a bank or brokerage firm, you may be eligible to vote your shares electronically via the Internet or by telephone. This program provides eligible stockholders who receive a copy of the Companys Annual Report on Form 10-K and proxy statement, e

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth, as of September 20, 2024, the beneficial ownership of each current director, each nominee for director, the Companys executive officers, each person known to us to beneficially own 5% or more of the outstanding shares of our common stock, and the executive officers and directors as a group. Beneficial ownership is determined in accordance with the rules of the SEC and includes voting or investment power with respect to the securities. Common stock subject to options or warrants that are currently exercisable or exercisable within 60 days of September 20, 2024, are deemed to be outstanding and beneficially owned by the person holding such options or warrants. Such shares, however, are not deemed outstanding for the purposes of computing the percentage ownership of any other person. Percentage of ownership is based on 14,403,752 shares of common stock outstanding as of September 20, 2024. Unless otherwise indicated, to our knowledge, each stockholder listed below has sole voting and investment power with respect to the shares beneficially owned by the stockholder, except to the extent authority is shared by their spouses under applicable law. Unless otherwise indicated, the address of all executive officers and directors is c/o Investcorp Credit Management BDC, Inc., 280 Park Avenue, 39th Floor, New York, NY 10017. The Companys directors are divided into two groups interested directors and independent directors. Interested directors are interested persons as defined in Section 2(a)(19) of the 1940 Act. Name and Address of Beneficial Owner Number of Shares Owned Beneficially (1) Percentage of Class Interested Directors Michael C. Mauer 114,612 (2) * Suhail A. Shaikh Independent Directors Julie Persily 24,562 * Thomas Sullivan 10,000 * Lee Shaiman 1,000 * Executive Officer Walter Tsin * Executive officers and directors as a group

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View this DEF 14A filing on SEC EDGAR