PTMN PORTMAN RIDGE FIN CORP

BCP Investment Corporation Announces Commencement of Modified “Dutch Auction” Tender Offer to Purchase up to $9.0 Million of Its Common Stock

BCP Investment Corporation Announces Commencement of Modified “Dutch Auction” Tender Offer to Purchase up to $9.0 Million of Its Common Stock

NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- BCP Investment Corporation (NASDAQ: BCIC) (“BCIC” or the “Company”) today announced that it commenced a modified “Dutch Auction” tender offer on November 12, 2025 to purchase for cash up to an aggregate of $9.0 million of shares of its common stock, par value $0.01 per share (the “shares”), at a price per share specified by tendering stockholders of not less than $13.63 and not more than $14.93, in cash, less any applicable withholding taxes and without interest.

The Tender Offer is being made by a group consisting of (i) BCP Investment Corporation, (ii) Edward Goldthorpe, President and Chief Executive Officer of the Company, (iii) Patrick Schafer, Chief Investment Officer of the Company, (iv) Brandon Satoren, Chief Financial Officer of the Company, (v) Joseph Morea, a member of the Company’s Board of Directors, (vi) George Grunebaum, a member of the Company’s Board of Directors, (vii) Sam Reinhart, an officer at an entity affiliated with the Company’s investment adviser, and (viii) Nikita Klassen, an officer at an entity affiliated with the Company’s investment adviser (collectively, with the Company, the “Offeror Group”). Each member of the Offeror Group will purchase shares, severally and not jointly.

The Company will purchase approximately the first $7.6 million of tendered shares, and the other members of the Offeror Group will purchase, severally, and not jointly, approximately the remaining $1.4 million of tendered shares.

Additional Details

The Tender Offer will expire at 11:59 P.M. ET, on December 10, 2025, unless extended (the “Expiration Date”).

After the Expiration Date, the Offeror Group will determine a single purchase price within the stated range that will enable the Offeror Group to acquire, severally, and not jointly, up to $9.0 million of shares.

All shares purchased will be acquired at the same purchase price, regardless of if they were tendered at a lower price. However, because of the proration provisions described in the Offer to Purchase, all of the shares properly tendered and not properly withdrawn at or below the Purchase Price may not be purchased if those shares have an aggregate purchase price in excess of $9.0 million. The Offeror Group will not purchase shares tendered at prices greater than the Purchase Price or shares that they do not accept for purchase under the terms of the Tender Offer because of the proration provision. Shares tendered but not purchased pursuant to the Offer to Purchase will be returned promptly following the Expiration Date.

No fractional shares will be purchased in the Tender Offer. If any tendered shares are not purchased for any reason, the Letter of Transmittal with respect to such shares not purchased will be of no force or effect and shares tendered through The Depository Trust Company’s (“DTC”) Automated Tender Offer Program (“ATOP”) will be credited to the account maintained with DTC by the participant who delivered the shares at Company’s expense.

The full details of the Tender Offer, including complete instructions on how to tender shares, are contained in the Offer to Purchase, the related Letter of Transmittal, and other documents which together have been filed with the U.S. Securities and Exchange Commission (“SEC”) on November 12, 2025 (collectively, the “Tender Materials”).

Stockholders may obtain copies of the Tender Materials free of charge from the SEC’s website at .

Important Notice

The information in this press release describing the Company’s Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of the Company’s common stock in the Tender Offer. The Company expects to use available cash to purchase shares in the Tender Offer and to pay for fees and expenses incurred in executing the Tender Offer. The full details of the Tender Offer are included in the Tender Materials which the Company has filed with the SEC and is disseminating to stockholders.

About BCP Investment Corporation

BCP Investment Corporation (Nasdaq: BCIC) is a publicly traded, externally managed closed-end investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. BCIC’s middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. BCIC’s investment activities are managed by its investment adviser, Sierra Crest Investment Management LLC, an affiliate of BC Partners Advisors L.P.

BCIC’s filings with the Securities and Exchange Commission, earnings releases, press releases and other financial, operational and governance information are available on BCIC’s website at .

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. The matters discussed in this press release, as well as in future oral and written statements by management of BCP Investment Corporation, that are forward-looking statements are based on current management expectations that involve substantial risks and uncertainties which could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. Forward-looking statements relate to future events or our future financial performance and include, but are not limited to, projected financial performance, expected development of the business, plans and expectations about future investments and the future liquidity of the Company. We generally identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “outlook”, “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar words. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove to be incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements.

Contacts:

BCP Investment Corporation

650 Madison Avenue, 3rd floor

New York, NY 10022

Brandon Satoren

Chief Financial Officer



(212) 891-2880

The Equity Group Inc.

Lena Cati



(212) 836-9611

Val Ferraro



(212) 836-9633



EN
17/11/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on PORTMAN RIDGE FIN CORP

 PRESS RELEASE

BCP Investment Corporation Announces Final Results of Its Modified “Du...

BCP Investment Corporation Announces Final Results of Its Modified “Dutch Auction” Tender Offer Shares Tendered at $13.63 Per Share, Generating NAV Accretion of Approximately 1.0%¹ NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- BCP Investment Corporation (NASDAQ: BCIC) (“BCIC” or the “Company”) today announced the final results of its modified “Dutch Auction” tender offer (the “Offer”) to purchase for cash up to an aggregate of $9.0 million in value of shares of its common stock, par value $0.01 per share, which expired at 11:59 P.M. ET on December 10, 2025. Based on the final count by Br...

 PRESS RELEASE

BCP Investment Corporation Announces Commencement of Modified “Dutch A...

BCP Investment Corporation Announces Commencement of Modified “Dutch Auction” Tender Offer to Purchase up to $9.0 Million of Its Common Stock NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- BCP Investment Corporation (NASDAQ: BCIC) (“BCIC” or the “Company”) today announced that it commenced a modified “Dutch Auction” tender offer on November 12, 2025 to purchase for cash up to an aggregate of $9.0 million of shares of its common stock, par value $0.01 per share (the “shares”), at a price per share specified by tendering stockholders of not less than $13.63 and not more than $14.93, in cash, l...

 PRESS RELEASE

BCP Investment Corporation Announces Third Quarter 2025 Financial Resu...

BCP Investment Corporation Announces Third Quarter 2025 Financial Results Reports 50.0% Increase in Total Investment Income and 94.2% in Net Investment Income Announces Fourth Quarter 2025 Quarterly Base Distribution of $0.47 Per Share Announces the Launch of the $9.0 Million Modified Dutch Auction Tender Offer NEW YORK, Nov. 06, 2025 (GLOBE NEWSWIRE) -- BCP Investment Corporation (NASDAQ: BCIC) (“BCIC” or “the Company”) announced today its financial results for the third quarter ended September 30, 2025. Milestone On July 15, 2025, the Company successfully completed the merger with ...

 PRESS RELEASE

BCP Investment Corporation Schedules Third Quarter 2025 Earnings Relea...

BCP Investment Corporation Schedules Third Quarter 2025 Earnings Release and Conference Call Call Scheduled for 10:00 am ET on Friday, November 7, 2025 NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- BCP Investment Corporation (NASDAQ: BCIC) (“BCIC” or “the Company”) is to release its financial results for the third quarter ended September 30, 2025, on Thursday, November 6, 2025, after market close. The Company will host a conference call on Friday, November 7, 2025, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes...

 PRESS RELEASE

BCP Investment Corporation to Ring Nasdaq Stock Market Opening Bell on...

BCP Investment Corporation to Ring Nasdaq Stock Market Opening Bell on September 5, 2025 NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- BCP Investment Corporation (NASDAQ: BCIC) (“BCIC”) today announced that CEO, Ted Goldthorpe, along with members of BCIC’s leadership team and board of directors, will ring the Nasdaq Stock Market Opening Bell on Friday, September 5, 2025. The ceremony will take place at the Nasdaq MarketSite in New York’s Times Square. The event will be broadcast live from 9:15am to 9:45am ET and can be viewed at: . Mr. Goldthorpe commented, “We are honored to celebrate o...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch