Every material Form 8-K Investcorp Credit Management BDC, Inc. has filed with the SEC since May 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Investcorp Credit Management BDC disposed of its entire exposure in Work Genius Holdings, Inc. and Work Genius, LLC on May 27, 2026, for an aggregate fair market value of approximately $10.3 million. The filing is a Regulation FD disclosure and does not report a gain, loss, or effect on earnings, so shareholders get the sale value but not its impact on net asset value.
Disposal of entire exposure in Work Genius Holdings, Inc. and Work Genius, LLC on May 27, 2026
Aggregate fair market value of approximately $10.3 million
Filing dated June 2, 2026, signed by President and CEO Suhail A. Shaikh
Filing does not state a realized gain or loss on the disposal
Investcorp Credit Management BDC reported a net decrease in net assets from operations of $8.6 million, or $0.60 per share, for the quarter ended March 31, 2026, compared with a net increase of $2.2 million, or $0.15 per share, a year earlier. Net asset value per share fell to $3.65 from $4.25 at December 31, 2025, and no distribution was paid, versus $0.12 per share in the prior-year quarter.
Net decrease in net assets from operations was $8.6 million ($0.60 per share), versus a net increase of $2.2 million ($0.15 per share) in the same quarter of 2025.
Net asset value per share fell $0.60 to $3.65; total net assets were $52.7 million, down from $61.3 million at December 31, 2025.
Net investment income before taxes was $0.3 million ($0.02 per share), compared with $0.7 million a year earlier; distributions paid were $0.00 per share.
On March 30, 2026, the company refinanced its 4.875% Notes with new unsecured notes from an affiliate of its investment adviser, bearing SOFR plus 5.5% and maturing July 1, 2029; the Capital One revolving facility was cut from $100 million
Investcorp Credit Management BDC's subsidiary signed a sixth amendment on May 6, 2026 to its revolving loan agreement with Capital One, National Association, as administrative agent. The amendment reduces the facility size from $100 million to $50 million, with other terms described only in the exhibit. For shareholders, the filing shows a smaller available borrowing capacity under this facility, while the filing does not state a reason for the change.
Amendment dated May 6, 2026 to the Loan, Security and Collateral Management Agreement originally dated August 23, 2021
Facility size decreased from $100 million to $50 million
Capital One, National Association is administrative agent; Wells Fargo Bank, National Association is collateral custodian
Full terms are in Exhibit 10.1, which the filing incorporates by reference
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Investcorp Credit Management BDC, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →