Form 8-K

8-K — BlackRock TCP Capital Corp.

Accession: 0001193125-26-336845

Filed: 2026-08-06

Period: 2026-08-04

CIK: 0001370755

Item: Entry into a Material Definitive Agreement

Item: Completion of Acquisition or Disposition of Assets

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — tcpc-20260804.htm (Primary)

EX-99.1 (tcpc-ex99_1.htm)

EX-99.2 (tcpc-ex99_2.htm)

EX-99.3 (tcpc-ex99_3.htm)

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8-K

8-K (Primary)

Filename: tcpc-20260804.htm · Sequence: 1

8-K

0001370755false00013707552026-08-042026-08-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 04, 2026

BlackRock TCP Capital Corp.

(Exact name of Registrant as Specified in Its Charter)

Delaware

814-00899

56-2594706

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

2951 28th Street, Suite 1000

Santa Monica, California

90405

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (310) 566-1000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.001 per share

TCPC

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

On August 4, 2026, BlackRock TCP Capital Corp. (the “Company”), through its wholly-owned subsidiary Special Value Continuation Partners LLC, entered into a definitive agreement (the “Transaction Agreement”) providing for the sale of 95% of the limited liability company interests in BlackRock DLF-C 2026, LLC (the “Continuation Vehicle”), to a group of investment funds and accounts managed by Pantheon Ventures (US) LP, and retained a 5% interest (the “Transaction”). The Transaction generated approximately $152 million in gross proceeds and, together with investment repayments received post June 30, 2026, is expected to reduce net leverage from 1.38x to approximately 0.4x (and further to less than 0.3x following an already-announced portfolio company paydown).1

The Company believes the Transaction meaningfully accelerates its ongoing efforts to strengthen its financial position and reshape its investment portfolio. As a result of the Transaction, the Company will have materially lower leverage, reduced investment position sizes, and significantly enhanced investment capacity, while realizing a substantial premium relative to the value implied by the Company’s current share price. The Company and its Board of Directors (the “Board”) believe these outcomes provide substantially greater financial, investment, and operational flexibility, creating a stronger foundation from which to evaluate and pursue additional transactions or other strategic alternatives that can deliver greater long-term value to shareholders.

The Transaction Agreement includes representations, warranties, and covenants by the Company that the Company believes are customary for a transaction of this nature, and the Transaction closed on August 4, 2026.

The description above is qualified in its entirety by reference to the copy of the Transaction Agreement, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending June 30, 2026.

Item 2.01. Completion of Acquisition or Disposition of Assets.

The Continuation Vehicle, directly and through its wholly-owned subsidiary, BlackRock DLF 2026-C CLO, LLC (the “CLO Issuer”), holds a portfolio of approximately $523 million of loans to 78 portfolio companies. As part of the Transaction, the Company transferred to the Continuation Vehicle, on average, approximately two-thirds of its position in each included investment. The transferred assets represent approximately 48% of the fair market value of the Company’s pre-transaction debt portfolio and reflect broadly similar sector, lien and credit characteristics. Following the closing of the Transaction (the “Closing”), the Company retained a direct investment in substantially all of the portfolio companies held by the Continuation Vehicle, as well as a 5% equity interest in the Continuation Vehicle. The Continuation Vehicle continues to be managed by the Company’s investment adviser without compensation.

The purchase price for the transferred equity interest in the Continuation Vehicle was approximately $152 million, reflecting a sale of the Continuation Vehicle interests at approximately 95% of their gross fair market value as of December 31, 2025, subject to certain other adjustments as set forth in the Transaction Agreement and summarized in Appendix A to this Current Report, which forms a part of this Item 2.01. The Company intends to apply the net proceeds from the Transaction initially to the repayment of outstanding indebtedness, the payment of transaction expenses, and for general corporate purposes. The purchase price is subject to a customary post-closing dispute resolution process with respect to its calculation.

The Company estimates that the Transaction will reduce its net asset value by approximately $57 million or approximately $0.68 per share. The estimated per-share net asset value impact is preliminary and subject to final post-closing adjustments. The Company expects that the Transaction, together with repayments on investments since June 30, 2026, will significantly reduce net leverage and ongoing investment funding commitments, providing the Company with improved financial, operational, and investment flexibility. The Company estimates that net leverage to equity will decline from 1.38x as of June 30, 2026 to approximately 0.4x pro forma for the Transaction and completed repayments, with an expected further reduction to less than 0.3x post-completion of a paydown resulting from a publicly announced portfolio company transaction. In addition, the Transaction reduces the Company’s unfunded investment commitments from approximately $90 million down to approximately $36 million.

In July 2026, the Board engaged Lincoln International LLC (“Lincoln”) as financial advisor to the Board in connection with the Transaction. Among other services, Lincoln rendered an opinion to the Board as to the fairness, from a financial point of view, of the consideration to be received by the Company in the Transaction. The Company incurred professional fees and other expenses associated with Lincoln’s engagement.

_________________________________

1 On June 23, 2026, Domo, Inc. announced an agreement to sell substantially all of its assets and certain liabilities to Progress Software Corporation for $400 million in cash. If consummated, this announced transaction would result in approximately $69 million in repayment proceeds to the Company. If the announced transaction does not occur, the Company would not expect to receive this repayment in a comparable timeframe, and the absence of that repayment would not have the same impact on the Company’s net leverage-to-equity ratio.

The unaudited pro forma consolidated financial statements of the Company as of June 30, 2026, after giving effect to the Transaction (the “Pro Forma Financial Statements”), are filed as Exhibit 99.1 to this Current Report on Form 8-K and are incorporated into this Item 2.01 by reference.

Item 2.02 Results of Operations and Financial Condition.

On August 6, 2026, the registrant issued a press release announcing its financial results for the second quarter ended June 30, 2026. The text of the press release is included as Exhibit 99.2 to this Form 8-K.

The information disclosed under this Item 2.02, including Exhibit 99.2 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

Following the completion of the Transaction, the Company announced that the Board has engaged Keefe, Bruyette & Woods, a Stifel company (“KBW”) to consider strategic alternatives to maximize shareholder value. These could include, but are not limited to, using newly available leverage capacity to reinvest in the portfolio and/or return capital to shareholders through share repurchases, pursuing potential strategic combinations in the public or private markets, completing an orderly realization of portfolio assets, or some combination thereof. There is no guarantee the Company will pursue any of the foregoing or, that if it seeks to do so, will be successful in achieving any desired outcome.

On August 6, 2026, the registrant issued a press release, included herewith as Exhibit 99.2, announcing the declaration of a third quarter dividend of $0.17 per share, payable on September 30, 2026 to stockholders of record as of the close of business on September 16, 2026. Additionally, on August 6, 2026, the registrant made available a supplemental investor presentation with respect to the earnings release, which includes a schedule of investments held directly and indirectly by the Continuation Vehicle, on its website at www.tcpcapital.com. A copy of the supplemental investor presentation is being furnished as Exhibit 99.3 to this Current Report on Form 8-K and is incorporated herein by reference.

The information disclosed under this Item 7.01, including Exhibits 99.2 and 99.3, are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(b) Pro Forma Financial Information.

The Pro Forma Financial Statements are attached to this Current Report on Form 8-K as Exhibit 99.1 and are incorporated into this Item 9.01(b) by reference. The Pro Forma Financial Statements are presented for informational purposes only. The Pro Forma Financial Statements are not necessarily indicative of what the Company’s financial position or results of operations actually would have been had the Transaction been consummated as of the date indicated therein. In addition, the Pro Forma Financial Statements do not purport to project the impact of the Transaction on the Company’s future financial position or operating results.

(d)

Exhibits

99.1

Unaudited Pro Forma Consolidated Financial Statements of BlackRock TCP Capital Corp.

99.2

Press Release, Dated as of August 6, 2026

99.3

BlackRock TCP Capital Corp. Q2 2026 Investor Presentation

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

FORWARD-LOOKING STATEMENTS

Prospective investors considering an investment in BlackRock TCP Capital Corp. should consider the investment objectives, risks and expenses of the Company carefully before investing. This information and other information about the Company are available in the Company’s filings with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website at www.sec.gov and the Company’s website at www.tcpcapital.com. Prospective investors should read these materials carefully before investing.

This 8-K may contain forward-looking statements. Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. We use words such as “anticipate,” “believe,” “expect,” “intend,” “will,” “should,” “could,” “may,” “plan” and similar words to identify

forward-looking statements. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results could differ materially from those projected in these forward-looking statements due to a variety of factors, including, without limitation, changes in general economic conditions or changes in the conditions of the industries in which the Company makes investments, risks associated with the availability and terms of financing, changes in interest rates, availability of transactions, and regulatory changes. Certain factors could cause actual results to differ materially from those contained in the forward-looking statements, including, but not limited to, those factors included in the “Risk Factors” section of the Company’s Form 10-K for the year ended December 31, 2025, and the Company’s subsequent periodic filings on Form 10-Q with the SEC. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) the ability to realize the anticipated benefits of the previously announced merger with BlackRock Capital Investment Corporation (“Merger”), including the expected accretion to net investment income and the elimination or reduction of certain expenses and costs due to the Merger; (ii) risks related to diverting management’s attention from ongoing business operations; (iii) risks related to the retention of the personnel of the Company’s investment adviser; (iv) changes in the economy, financial markets and political environment; (v) risks associated with possible disruption in the operations of the Company or the economy generally due to terrorism, war or other geopolitical conflict (including the current conflict between Russia and Ukraine and the conflict in the Middle East), trade protection or trade wars, natural disasters or public health crises and epidemics; (vi) future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); (vii) conditions in the Company’s operating areas, particularly with respect to business development companies or regulated investment companies; (viii) the outcome of the Transaction; and (ix) other considerations that may be disclosed from time to time in the Company’s publicly disseminated documents and filings. Copies are available on the SEC’s website at www.sec.gov and the Company’s website at www.tcpcapital.com. Forward-looking statements are made as of the date of this press release and are subject to change without notice. The Company has no duty and does not undertake any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information, or otherwise.

APPENDIX A – PURCHASE PRICE ADJUSTMENT DETAIL

The purchase price for the transferred equity interest in the Continuation Vehicle of approximately $152 million was comprised of 95% of the following:

(a) approximately $565 million in Continuation Vehicle portfolio value, which equates to 95.0% of its gross fair market value of approximately $595 million as of December 31, 2025;

(b) approximately $74 million to cash collateralize the Continuation Vehicle’s unfunded commitments;

(c) an approximately $43 million reduction for net repayments within the Continuation Vehicle portfolio between December 31, 2025 and Closing;

(d) a reduction for approximately $30 million for investment income between December 31, 2025 and Closing attributable to assets held by the Continuation Vehicle, as well as certain other customary adjustments as set forth in the Transaction Agreement; and

(e) a reduction for the $406 million of outstanding leverage of the CLO Issuer as of June 30, 2026.

SIGNATURES

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:

August 6, 2026

By:

/s/ Erik L. Cuellar

Name:

Title

Erik L. Cuellar

Chief Financial Officer and Treasurer

EX-99.1

Filename: tcpc-ex99_1.htm · Sequence: 2

EX-99.1

Exhibit 99.1

BlackRock TCP Capital Corp.

Pro Forma Consolidated Statements of Assets and Liabilities (Unaudited)

June 30, 2026

Pro Forma Adjustments (1)

Pro Forma

June 30, 2026

Assets

Investments, at fair value

1,290,523,348

(511,904,274

)

778,619,074

Cash and cash equivalents

157,546,660

(135,203,837

)

22,342,823

Interest, dividends and fees receivable

23,607,858

(4,397,900

)

19,209,958

Deferred debt issuance costs

2,588,305

(1,240,222

)

1,348,083

Prepaid expenses and other assets

2,197,356

(90,969

)

2,106,387

Total assets

1,476,463,527

(652,837,202

)

823,626,325

Liabilities

Debt, net of deferred issuance costs

910,581,937

(591,632,840

)

318,949,097

Interest and debt related payables

4,375,009

(4,050,402

)

324,607

Management fees payable

4,124,508

—

4,124,508

Reimbursements due to the Advisor

169,320

—

169,320

Accrued expenses and other liabilities

5,205,926

(9,000

)

5,196,926

Total liabilities

924,456,700

(595,692,242

)

328,764,458

Net assets

552,006,827

(57,144,960

)

494,861,867

Composition of net assets applicable to common shareholders

Common stock

83,902

—

83,902

Paid-in capital in excess of par

1,727,427,570

—

1,727,427,570

Distributable earnings (loss)

(1,175,504,645

)

(57,144,960

)

(1,232,649,605

)

Total net assets

552,006,827

(57,144,960

)

494,861,867

Total liabilities and net assets

1,476,463,527

(652,837,202

)

823,626,325

(1) Pro forma adjustments represent the impact of the Transaction

(2) June 30, 2026 fair market value of assets sold, net of TCPC 5% equity investment in Blackrock DLF-C 2026, LLC

(3) Includes estimated seller and transaction expenses

Exhibit 99.1

BlackRock TCP Capital Corp.

Consolidated Statements of Operations (Unaudited)

Six Months Ended

June 30, 2026

Pro Forma Adjustments (1)

Six Months Ended

June 30, 2026

Investment income

Interest income (excluding PIK):

Non-controlled, non-affiliated investments

67,540,767

—

67,540,767

Non-controlled, affiliated investments

905,445

—

905,445

Controlled investments

3,906,047

—

3,906,047

PIK interest income:

—

Non-controlled, non-affiliated investments

5,465,634

—

5,465,634

Non-controlled, affiliated investments

748,701

—

748,701

Controlled investments

415,331

—

415,331

Dividend income:

—

Non-controlled, non-affiliated investments

1,003,276

—

1,003,276

Non-controlled, affiliated investments

—

Controlled investments

2,614,290

—

2,614,290

Other income:

—

Non-controlled, non-affiliated investments

5,877

—

5,877

Total investment income

82,605,368

—

82,605,368

Operating expenses

Interest and other debt expenses

31,044,015

—

31,044,015

Management fees

8,891,551

—

8,891,551

Professional fees

2,243,187

—

2,243,187

Administrative expenses

909,733

—

909,733

Insurance expense

421,383

—

421,383

Director fees

375,000

—

375,000

Custody fees

166,199

—

166,199

Other operating expenses

1,935,027

—

1,935,027

Total operating expenses

45,986,095

—

45,986,095

Net investment income

36,619,273

—

36,619,273

Realized and unrealized gain (loss) on investments and foreign currency

(48,274,018

)

(57,144,960

)

(105,418,978

)

Realized loss on extinguishment of debt

(2,897,355

)

—

(2,897,355

)

Net increase (decrease) in net assets resulting

from operations

(14,552,100

)

(57,144,960

)

(71,697,060

)

(1) Pro forma adjustments represent the impact of the Transaction

EX-99.2

Filename: tcpc-ex99_2.htm · Sequence: 3

EX-99.2

Exhibit 99.2

BLACKROCK TCP CAPITAL CORP. ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS AND $523 MILLION PORTFOLIO SALE

Transaction Accelerates Portfolio Repositioning, Significantly Reduces Leverage and Enhances Investment Capacity

SANTA MONICA, Calif., August 6, 2026 - BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results for the second quarter ended June 30, 2026 and a $523 million portfolio sale transaction that meaningfully accelerates its ongoing efforts to strengthen its financial position and reshape its investment portfolio.

SECOND QUARTER FINANCIAL HIGHLIGHTS

•

On a GAAP basis, net investment income for the quarter ended June 30, 2026 was $18.1 million, or $0.22 per share on a diluted basis, which exceeded the regular dividend of $0.17 per share paid on June 30, 2026. Adjusted net investment income(1) for the quarter ended June 30, 2026 was $17.5 million, or $0.21 per share on a diluted basis.

•

Net increase in net assets from operations on a GAAP basis for the quarter ended June 30, 2026 was $1.7 million, or $0.02 per share, compared to a $16.3 million, or $0.19 per share, net decrease in net assets from operations for the quarter ended March 31, 2026.

•

Net asset value per share was $6.58 as of June 30, 2026, compared to $6.72 as of March 31, 2026.

•

As of June 30, 2026, investments on non-accrual status represented 1.6% of the portfolio at fair value and 7.4% at cost, compared to 2.8% of the portfolio at fair value and 7.6% at cost as of March 31, 2026.

•

Net leverage (inclusive of SBA debentures) was 1.38x as of June 30, 2026, compared to 1.48x as of March 31, 2026.

•

On August 6, 2026, our Board of Directors (the "Board") declared a third quarter dividend of $0.17 per share, payable on September 30, 2026 to stockholders of record as of the close of business on September 16, 2026.

PORTFOLIO SALE TRANSACTION HIGHLIGHTS

•

On August 4, the Company entered into a definitive agreement to sell 95% of the equity interests in a vehicle (the “Continuation Vehicle”) holding approximately $523 million of investments across 78 portfolio companies to funds and accounts sponsored by Pantheon, a global leader in private credit secondaries.

•

The Continuation Vehicle assets have sector, lien and credit characteristics broadly similar to those of the Company’s pre-transaction debt portfolio.

•

The Continuation Vehicle assets represent approximately 48% of the fair market value of the Company’s debt portfolio immediately prior to the transaction and include all collateral underlying our recently issued BlackRock DLF 2026-C CLO, as well as additional contributed investments.

•

We retained a direct investment in substantially all of the portfolio companies and transferred, on average, approximately two-thirds of each investment position to the Continuation Vehicle. We will retain a 5% interest in the vehicle, and our advisor will manage the assets on the vehicle’s behalf without compensation.

•

The base purchase price for the investments sold was 95% of the gross fair value as of December 31, 2025, subject to customary pre-closing adjustments, allowing TCPC to realize a substantial premium relative to the value implied by its current share price. The Board obtained a fairness opinion from Lincoln International regarding the fairness, from a financial point of view, of the consideration to be received by the Company in the transaction.

•

The transaction is expected to result in a NAV decline of approximately 10.4%, or $0.68 per share, based on June 30, 2026 NAV.

•

The transaction materially reduces our leverage and unfunded commitments, significantly enhancing our investment capacity. Inclusive of the transaction and already completed post-quarter-end repayment activity, we expect our pro forma net leverage ratio to be approximately 0.4x (with a further reduction to less than 0.3x following an announced portfolio company paydown) and unfunded commitments to be below $40 million.

•

The Company and the Board believe these outcomes provide substantially greater financial, investment and operational flexibility, creating a stronger foundation from which to evaluate and pursue strategic alternatives that can deliver greater long-term shareholder value.

•

The Board has engaged Keefe, Bruyette & Woods, a Stifel company (“KBW”), to support a strategic review process as it evaluates how best to use TCPC’s enhanced financial flexibility and increased investment capacity to create long-term shareholder value.

•

Moelis & Company LLC acted as financial advisor to the Company in connection with the portfolio sale transaction.

MANAGEMENT COMMENTARY

“The transaction we announced today represents a major milestone that accelerates our progress in repositioning TCPC,” said Phil Tseng, Chairman, Chief Executive Officer and Co-Chief Investment Officer of BlackRock TCP Capital Corp. “It meaningfully increases our financial flexibility by significantly lowering leverage and enhancing liquidity, while realizing a substantial premium relative to the value implied by the Company’s current share price. Most importantly, it provides us greater strategic optionality to deliver long-term value to our shareholders.”

SELECTED FINANCIAL HIGHLIGHTS(1)

Three months ended June 30,

2026

2025

Amount

Per

Amount

Per

Net investment income

18,142,378

0.22

27,594,675

0.32

Less: Purchase accounting discount amortization

613,650

0.01

1,293,521

0.01

Adjusted net investment income

17,528,728

0.21

26,301,154

0.31

Net realized and unrealized gain (loss)

(16,392,590

)

(0.20

)

(43,501,259

)

(0.51

)

Less: Realized gain (loss) due to the allocation of purchase discount

3,392,923

0.04

4,000,208

0.05

Less: Net change in unrealized appreciation (depreciation) due to the allocation of purchase discount

(4,006,573

)

(0.05

)

(5,293,729

)

(0.06

)

Adjusted net realized and unrealized gain (loss)

(15,778,940

)

(0.19

)

(42,207,738

)

(0.50

)

Net increase (decrease) in net assets resulting from operations

1,749,788

0.02

(15,906,584

)

(0.19

)

Less: Purchase accounting discount amortization

613,650

0.01

1,293,521

0.01

Less: Realized gain (loss) due to the allocation of purchase discount

3,392,923

0.04

4,000,208

0.05

Less: Net change in unrealized appreciation (depreciation) due to the allocation of purchase discount

(4,006,573

)

(0.05

)

(5,293,729

)

(0.06

)

Adjusted net increase (decrease) in assets resulting from operations

1,749,788

0.02

(15,906,584

)

(0.19

)

(1) Excluding amortization of purchase discount recorded in connection with the Merger (defined herein), adjusted net investment income for the quarter ended June 30, 2026 was $17.5 million, or $0.21 per share on a diluted basis.

On March 18, 2024, the Company completed its previously announced merger (the "Merger") with BlackRock Capital Investment Corporation ("BCIC"). The Merger has been accounted for as an asset acquisition of BCIC by the Company in accordance with the asset acquisition method of accounting as detailed in ASC 805-50 ("ASC 805"), Business Combinations-Related Issues. The Company determined the fair value of the shares of the Company's common stock that were issued to former BCIC shareholders pursuant to the Merger Agreement plus transaction costs to be the consideration paid in connection with the Merger under ASC 805. The consideration paid to BCIC shareholders was less than the aggregate fair values of the BCIC assets acquired and liabilities assumed, which resulted in a purchase discount (the “purchase discount”). The consideration paid was allocated to the individual BCIC assets acquired and liabilities assumed based on the relative fair values of net identifiable assets acquired other than “non-qualifying” assets and liabilities (for example, cash) and did not give rise to goodwill. As a result, the purchase discount was allocated to the cost basis of the BCIC investments acquired by the Company on a pro-rata basis based on their relative fair values as of the effective time of the Merger. Immediately following the Merger, the investments were marked to their respective fair values in accordance with ASC 820 which resulted in immediate recognition of net unrealized appreciation in the Consolidated Statement of Operations as a result of the Merger. The purchase discount allocated to the BCIC debt investments acquired will amortize over the remaining life of each respective debt investment through interest income, with a corresponding adjustment recorded to unrealized appreciation or depreciation on such investment acquired through its ultimate disposition. The purchase discount allocated to BCIC equity investments acquired will not amortize over the life of such investments through interest income and, assuming no subsequent change to the fair value of the equity investments acquired and disposition of such equity investments at fair value, the Company may recognize a realized gain or loss with a corresponding reversal of the unrealized appreciation on disposition of such equity investments acquired.

As a supplement to the Company’s reported GAAP financial measures, we have provided the following non-GAAP financial measures that we believe are useful:

•

“Adjusted net investment income” – excludes the amortization of purchase accounting discount from net investment income calculated in accordance with GAAP;

•

“Adjusted net realized and unrealized gain (loss)” – excludes the unrealized appreciation resulting from the purchase discount and the corresponding reversal of the unrealized appreciation from the amortization of the purchase discount from the determination of net realized and unrealized gain (loss) determined in accordance with GAAP; and

•

“Adjusted net increase (decrease) in net assets resulting from operations” – calculates net increase (decrease) in net assets resulting from operations based on Adjusted net investment income and Adjusted net realized and unrealized gain (loss).

We believe that the adjustment to exclude the full effect of purchase discount accounting under ASC 805 from these financial measures is meaningful because of the potential impact on the comparability of these financial measures that we and investors use to assess our financial condition and results of operations period over period. Although these non-GAAP financial measures are intended to enhance investors’ understanding of our business and performance, these non-GAAP financial measures should not be considered an alternative to GAAP. The aforementioned non-GAAP financial measures may not be comparable to similar non-GAAP financial measures used by other companies.

PORTFOLIO AND INVESTMENT ACTIVITY

As of June 30, 2026, our consolidated investment portfolio consisted of debt and equity positions in 134 portfolio companies with a total fair value of approximately $1.3 billion, of which 91.5% was in senior secured debt. 89.8% of the total portfolio was first lien. Equity positions, which include equity interests in diversified debt portfolios, represented approximately 8.5% of the portfolio. 93.9% of our debt investments were floating rate, 94.8% of which had interest rate floors.

As of June 30, 2026, the weighted average annual effective yield of our debt portfolio was approximately 11.2%(1) and the weighted average annual effective yield of our total portfolio was approximately 10.5%, compared to 10.9% and 10.1%, respectively, as of March 31, 2026. Investments in thirteen portfolio companies were on non-accrual status as of June 30, 2026, representing 1.6% of the consolidated portfolio at fair value and 7.4% at cost, down from 2.8% of the portfolio at fair value and 7.6% at cost as of March 31, 2026.

During the three months ended June 30, 2026, we invested approximately $25.0 million, across new and existing portfolio companies. Of these investments, $24.5 million, or 98.0%, were in first lien senior secured loans. The remaining $0.5 million, or 2.0%, were comprised of equity investments. Additionally, we received approximately $111.6 million in proceeds from sales or repayments of investments during the three months ended June 30, 2026. New investments during the quarter had a weighted average effective yield of 9.4%. Investments we exited had a weighted average effective yield of 10.9%.

As of June 30, 2026, total assets were $1.5 billion, net assets were $552.0 million and net asset value per share was $6.58, as compared to $1.5 billion, $565.1 million, and $6.72 per share, respectively, as of March 31, 2026.

__________________________

(1) Weighted average annual effective yield includes amortization of deferred debt origination and accretion of original issue discount, but excludes market discount and any prepayment and make-whole fee income. The weighted average effective yield on our debt portfolio excludes non-accrual and non-income producing loans.

CONSOLIDATED RESULTS OF OPERATIONS

Total investment income for the three months ended June 30, 2026 was approximately $40.0 million, or $0.48 per share. Investment income for the three months ended June 30, 2026 included $0.01 per share from prepayment premiums and related accelerated original issue discount and exit fee amortization, $0.03 per share from amendment fees, $0.02 per share from recurring portfolio investment original issue discount and exit fee amortization, $0.04 per share from interest income paid in kind and $0.03 per share in dividend income. This reflects our policy of recording interest income, adjusted for amortization of portfolio investment premiums and discounts, on an accrual basis. Origination, structuring, closing, commitment, and similar upfront fees received in connection with the outlay of capital are generally amortized into interest income over the life of the respective debt investment.

Total operating expenses for the three months ended June 30, 2026 were approximately $21.9 million, or $0.26 per share, including interest and other debt expenses of $15.0 million, or $0.18 per share and base management fees of $4.2 million, or $0.05 per share. As of June 30, 2026, the Company’s cumulative total return did not exceed the total return hurdle, and as a result, no incentive compensation was accrued for the three months ended June 30, 2026. Excluding interest and other debt expenses, annualized second quarter expenses were 4.9% of average net assets.

Net investment income for the three months ended June 30, 2026 was approximately $18.1 million, or $0.22 per share. Net realized loss on investments and foreign currency for the three months ended June 30, 2026 was $14.8 million, or $0.18 per share. Net realized loss for the three months ended June 30, 2026 was comprised primarily of $10.0 million in losses from the exit of our investment in AutoAlert, partially offset by a $2.4 million realized gain due to paydown activities at par in Thras.io. Net unrealized gain for the three months ended June 30, 2026 was $1.3 million, or $0.01 per share. Net unrealized gain for the three months ended June 30, 2026 primarily reflects an $8.0 million reversal of previously recognized unrealized losses from the exit of our investment in AutoAlert, a $3.3 million reversal of previously recognized unrealized losses related to paydown activities at par on our investment in Thras.io, a $2.9 million unrealized gain on our investment in Job and Talent, partially offset by a $4.3 million unrealized loss on our investment in Pluralsight, a $3.3 million unrealized loss on our investment in PVHC, and a $2.1 million unrealized loss on our investment in Zilliant. Net increase in net assets resulting from operations for the three months ended June 30, 2026 was $1.7 million, or $0.02 per share.

LIQUIDITY AND CAPITAL RESOURCES

As of June 30, 2026, available liquidity was approximately $533.7 million, comprised of approximately $376.2 million in available capacity under our leverage program and $157.5 million in cash and cash equivalents.

The combined weighted-average interest rate on debt outstanding at June 30, 2026 was 6.03%.

Total debt outstanding at June 30, 2026, including debt assumed as a result of the Merger, was as follows:

Maturity

Rate

Carrying

Value (1)

Available

Total

Capacity

Operating Facility

2029

SOFR+2.00%

(2)

134,833,287

165,166,713

300,000,000

(3)

Merger Sub Facility(4)

2028

SOFR+2.00%

(5)

54,000,000

211,000,000

265,000,000

(6)

2029 Notes ($325 million par)

2029

6.95%

322,739,642

—

322,739,642

Class A-1 Notes(7)

2034

SOFR+1.55%

270,600,000

—

270,600,000

Class A-2 Notes(7)

2034

SOFR+1.80%

54,100,000

—

54,100,000

Class B Notes(7)

2034

SOFR+2.15%

54,100,000

—

54,100,000

Class C Notes ($27.1 million par)(7)

2034

SOFR+2.70%

26,617,764

—

26,617,764

Total leverage

916,990,693

376,166,713

1,293,157,406

Unamortized issuance costs

(6,408,756

)

Debt, net of unamortized issuance costs

910,581,937

(1)

Except for the 2029 Notes and Secured Notes Class C, all carrying values are the same as the principal amounts outstanding.

(2)

As of June 30, 2026, $128.0 million of the outstanding amount was subject to a SOFR credit adjustment of 0.10%. $2.9 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00%. $3.9 million of the outstanding amount bore interest at a rate of CORRA + 2.00% with a credit adjustment of 0.30%.

(3)

Operating Facility includes a $100.0 million accordion which allows for expansion of the facility to up to $400.0 million subject to consent from the lender and other customary conditions.

(4)

Debt assumed by the Company as a result of the Merger with BCIC.

(5)

The applicable margin for SOFR-based borrowings could be either 1.75% or 2.00% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If Merger Sub elects to borrow based on the alternate base rate, the applicable margin could be either 0.75% or 1.00% depending on a ratio of the borrowing base to certain committed indebtedness.

(6)

Merger Sub Facility includes a $60.0 million accordion which allows for expansion of the facility to up to $325.0 million subject to consent from the lender and other customary conditions.

(7)

Secured Notes offered in the CLO Transaction that closed on May 27, 2026.

For the three months ended June 30, 2026, approximately $0.6 million of cash distributions were reinvested for electing participants through purchase of shares in the open market in accordance with the terms of the DRIP.

On April 29, 2026, our Board of Directors re-approved our stock repurchase plan to acquire up to $50.0 million in the aggregate of our common stock at prices at certain thresholds below our net asset value per share, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Company Repurchase Plan”), to be in effect through the earlier of April 30, 2027, unless further extended or terminated by the Company’s Board of Directors, or such time as the approved $50.0 million repurchase amount has been fully utilized, subject to certain conditions.

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the six months ended June 30, 2026:

Shares Repurchased

Price Per Share*

Total Cost

Company Repurchase Plan

661,803

4.34

2,871,849

* Weighted-average price per share

RECENT DEVELOPMENTS

On August 4, 2026, TCPC, through its wholly-owned subsidiary Special Value Continuation Partners LLC, entered into a definitive agreement (the “Transaction Agreement”) providing for the sale of 95% of the limited liability company interests in the Continuation Vehicle, to a group of investment funds and accounts managed by Pantheon, and retained a 5% interest (the “Transaction”). The Transaction generated approximately $152 million in gross proceeds and, together with investment repayments received post June 30, 2026, is expected to reduce net leverage from 1.38x to approximately 0.4x (with a further reduction to less than 0.3x following an already announced portfolio company paydown).

The Company believes the Transaction meaningfully accelerates its ongoing efforts to strengthen its financial position and reshape its investment portfolio. As a result of the Transaction, the Company will have materially lower leverage, reduced investment position sizes, and significantly enhanced investment capacity, while realizing a substantial premium relative to the value implied by the Company’s current share price. The Company and its Board believe these outcomes provide substantially greater financial, investment, and operational flexibility, creating a stronger foundation from which to evaluate and pursue additional transactions or other strategic alternatives that can deliver greater long-term value to shareholders.

On August 6, 2026, we announced that the Board has engaged KBW to consider strategic alternatives to maximize shareholder value. These could include, but are not limited to, using newly available leverage capacity to reinvest in the portfolio and/or return capital to shareholders through share repurchases, pursuing potential strategic combinations in the public or private markets, completing an orderly realization of portfolio assets, or some combination thereof.

On August 6, 2026, our Board of Directors declared a third quarter dividend of $0.17 per share, payable on September 30, 2026 to stockholders of record as of the close of business on September 16, 2026.

CONFERENCE CALL AND WEBCAST

BlackRock TCP Capital Corp. will host a conference call at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time) on Thursday, August 6, 2026 to discuss its financial results and the portfolio sale transaction. All interested parties are invited to participate in the conference call by dialing (833) 461-5787; international callers should dial (585) 542-9983. All participants should reference the access code 917145064. For a slide presentation that we intend to refer to on the earnings conference call, please visit the Investor Relations section of our website (www.tcpcapital.com) and click on the Second Quarter 2026 Investor Presentation under Events and Presentations. The conference call will be webcast simultaneously in the investor relations section of our website at http://investors.tcpcapital.com/. An archived replay of the call will be available approximately two hours after the live call. For the replay, please visit https://investors.tcpcapital.com/events-and-presentations.

BlackRock TCP Capital Corp.

Consolidated Statements of Assets and Liabilities

June 30, 2026

December 31, 2025

(unaudited)

Assets

Investments, at fair value:

Non-controlled, non-affiliated investments (cost of $1,225,055,609 and $1,425,285,902, respectively)

1,143,368,796

1,360,801,852

Non-controlled, affiliated investments (cost of $102,779,649 and $101,284,695, respectively)

32,172,951

34,821,907

Controlled investments (cost of $108,344,630 and $151,475,599, respectively)

114,981,601

137,678,713

Total investments (cost of $1,436,179,888 and $1,678,046,196, respectively)

1,290,523,348

1,533,302,472

Cash and cash equivalents

157,546,660

61,075,494

Interest, dividends and fees receivable

23,607,858

21,495,630

Deferred debt issuance costs

2,588,305

5,123,425

Receivable for investments sold

—

26,313,406

Prepaid expenses and other assets

2,197,356

3,050,038

Total assets

1,476,463,527

1,650,360,465

Liabilities

Debt (net of deferred issuance costs of $6,408,756 and $5,299,866, respectively)

910,581,937

1,035,542,837

Interest and debt related payables

4,375,009

7,245,830

Management fees payable

4,124,508

3,393,322

Reimbursements due to the Advisor

169,320

1,272,082

Accrued expenses and other liabilities

5,205,926

4,893,197

Total liabilities

924,456,700

1,052,347,268

Net assets

552,006,827

598,013,197

Composition of net assets applicable to common shareholders

Common stock, $0.001 par value; 200,000,000 shares authorized, 83,902,775 and 84,564,578 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

83,902

84,564

Paid-in capital in excess of par

1,727,427,570

1,730,298,757

Distributable earnings (loss)

(1,175,504,645

)

(1,132,370,124

)

Total net assets

552,006,827

598,013,197

Total liabilities and net assets

1,476,463,527

1,650,360,465

Net assets per share

6.58

7.07

BlackRock TCP Capital Corp.

Consolidated Statements of Operations (Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

Investment income

Interest income (excluding PIK):

Non-controlled, non-affiliated investments

32,485,660

41,609,217

67,540,767

85,065,954

Non-controlled, affiliated investments

445,963

338,648

905,445

676,647

Controlled investments

1,846,909

2,270,542

3,906,047

4,579,811

PIK interest income:

Non-controlled, non-affiliated investments

2,625,720

5,449,424

5,465,634

11,238,339

Non-controlled, affiliated investments

402,924

—

748,701

—

Controlled investments

—

394,202

415,331

1,075,763

Dividend income:

Non-controlled, non-affiliated investments

510,223

449,575

1,003,276

885,526

Non-controlled, affiliated investments

—

213,493

—

1,222,550

Controlled investments

1,700,000

738,497

2,614,290

2,607,357

Other income:

Non-controlled, non-affiliated investments

4,890

1,399

5,877

1,965

Total investment income

40,022,289

51,464,997

82,605,368

107,353,912

Operating expenses

Interest and other debt expenses

14,995,567

17,087,833

31,044,015

34,172,466

Management fees

4,235,490

5,461,118

8,891,551

10,944,962

Professional fees

762,127

947,452

2,243,187

1,814,899

Administrative expenses

409,939

509,930

909,733

1,151,394

Insurance expense

210,692

218,463

421,383

436,926

Director fees

182,500

192,500

375,000

385,000

Custody fees

74,243

91,348

166,199

184,533

Other operating expenses

1,009,353

1,182,050

1,935,027

2,114,708

Total operating expenses, before management fee waiver

21,879,911

25,690,694

45,986,095

51,204,888

Management fee waiver

—

(1,820,372

)

—

(3,648,320

)

Total operating expenses, after management fee waiver

21,879,911

23,870,322

45,986,095

47,556,568

Net investment income

18,142,378

27,594,675

36,619,273

59,797,344

Realized and unrealized gain (loss) on investments and foreign currency

Net realized gain (loss):

Non-controlled, non-affiliated investments

(4,783,556

)

(66,287,884

)

(26,052,389

)

(107,205,222

)

Controlled investments

(9,970,354

)

—

(21,432,370

)

—

Interest Rate Swap

—

(9,491

)

—

(9,491

)

Net realized gain (loss)

(14,753,910

)

(66,297,375

)

(47,484,759

)

(107,214,713

)

Net change in unrealized appreciation

(depreciation):

Non-controlled, non-affiliated investments

(4,900,616

)

40,313,699

(17,079,205

)

66,868,692

Non-controlled, affiliated investments

(1,970,942

)

(3,203,412

)

(4,143,910

)

(2,282,254

)

Controlled investments

8,130,233

(14,296,084

)

20,433,856

(12,171,749

)

Interest Rate Swap

—

(18,087

)

—

(9,316

)

Net change in unrealized appreciation (depreciation)

1,258,675

22,796,116

(789,259

)

52,405,373

Net realized and unrealized gain (loss)

(13,495,235

)

(43,501,259

)

(48,274,018

)

(54,809,340

)

Realized loss on extinguishment of debt

(2,897,355

)

—

(2,897,355

)

—

Net increase (decrease) in net assets resulting

from operations

1,749,788

(15,906,584

)

(14,552,100

)

4,988,004

Basic and diluted earnings (loss) per share

0.02

(0.19

)

(0.17

)

0.06

Basic and diluted weighted average common

shares outstanding

83,915,423

85,042,931

84,124,040

85,060,179

ABOUT BLACKROCK TCP CAPITAL CORP.

BlackRock TCP Capital Corp. (NASDAQ: TCPC) is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. TCPC lends primarily to companies with established market positions, strong regional or national operations, differentiated products and services and sustainable competitive advantages, investing across industries in which it has significant knowledge and expertise. TCPC’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. TCPC is a publicly-traded business development company, or BDC, regulated under the Investment Company Act of 1940 and is externally managed by its advisor, an indirect subsidiary of BlackRock, Inc. For more information, visit www.tcpcapital.com.

FORWARD-LOOKING STATEMENTS

Prospective investors considering an investment in BlackRock TCP Capital Corp. should consider the investment objectives, risks and expenses of the company carefully before investing. This information and other information about the company are available in the company’s filings with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website at www.sec.gov and the company’s website at www.tcpcapital.com. Prospective investors should read these materials carefully before investing.

This press release may contain forward-looking statements. Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the company at the time of such statements and are not guarantees of future performance. We use words such as “anticipate,” “believe,” “expect,” “intend,” “will,” “should,” “could,” “may,” “plan” and similar words to identify forward-looking statements. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results could differ materially from those projected in these forward-looking statements due to a variety of factors, including, without limitation, changes in general economic conditions or changes in the conditions of the industries in which the company makes investments, risks associated with the availability and terms of financing, changes in interest rates, availability of transactions, and regulatory changes. Certain factors could cause actual results to differ materially from those contained in the forward-looking statements, including, but not limited to, those factors included in the “Risk Factors” section of the company’s Form 10-K for the year ended December 31, 2025, and the company’s subsequent periodic filings on Form 10-Q with the SEC. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) 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; (ii) risks related to diverting management’s attention from ongoing business operations; (iii) risks related to the retention of the personnel of TCPC’s advisor; (iv) changes in the economy, financial markets and political environment; (v) risks associated with possible disruption in the operations of TCPC or the economy generally due to terrorism, war or other geopolitical conflict (including the current conflict between Russia and Ukraine and the conflict in the Middle East), trade protection or trade wars, natural disasters or public health crises and epidemics; (vi) future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); (vii) conditions in TCPC’s operating areas, particularly with respect to business development companies or regulated investment companies; and (viii) other considerations that may be disclosed from time to time in TCPC’s publicly disseminated documents and filings. Copies are available on the SEC’s website at www.sec.gov and the Company’s website at www.tcpcapital.com. Forward-looking statements are made as of the date of this press release and are subject to change without notice. The Company has no duty and does not undertake any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information, or otherwise.

SOURCE:

BlackRock TCP Capital Corp.

CONTACT

BlackRock TCP Capital Corp.

Alex Doll

(310) 566-1094

investor.relations@tcpcapital.com

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v3.26.1

Document And Entity Information

Aug. 04, 2026

Cover [Abstract]

Document Type

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Aug. 04, 2026

Entity Registrant Name

BlackRock TCP Capital Corp.

Entity Central Index Key

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Entity Emerging Growth Company

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Entity File Number

814-00899

Entity Incorporation, State or Country Code

Entity Tax Identification Number

56-2594706

Entity Address, Address Line One

2951 28th Street, Suite 1000

Entity Address, City or Town

Santa Monica

Entity Address, State or Province

Entity Address, Postal Zip Code

90405

City Area Code

(310)

Local Phone Number

566-1000

Entity Information, Former Legal or Registered Name

Not Applicable

Written Communications

false

Soliciting Material

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Pre-commencement Tender Offer

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Title of 12(b) Security

Common Stock, par value $0.001 per share

Trading Symbol

TCPC

Security Exchange Name

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Cover page.

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No definition available.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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No definition available.

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Name of the City or Town

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No definition available.

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Code for the postal or zip code

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No definition available.

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Name of the state or province.

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No definition available.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

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Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

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Former Legal or Registered Name of an entity

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No definition available.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Local phone number for entity.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Name:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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