Every material Form 8-K MidCap Financial Investment Corp has filed with the SEC since August 06, 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.
MidCap Financial Investment Corporation reported a quarterly net decrease in net assets from operations of $16.4 million, or a $0.20 per share loss, for the quarter ended September 30, 2026, compared with a $27.5 million gain a year earlier. Net asset value per share fell 3.8% to $12.86 from $13.37 on June 30, 2026, driven by a net loss on the portfolio tied to credit-related weakness in a limited number of positions. The results come as Ares Capital Corporation has agreed to acquire MidCap Financial in a stock-and-cash deal valued at $10.88 per share, which will suspend the share repurchase program.
Net investment income was $0.34 per share, down from $0.40 in the June 30, 2026 quarter
Net asset value was $12.86 per share at September 30, 2026, versus $13.37 at June 30, 2026
Ares Capital agreed on October 27, 2026 to acquire MidCap Financial for $9.67 in stock and $1.21 in cash per share
Board declared a $0.31 per share dividend payable December 22, 2026, to holders of record December 8, 2026
MidCap Financial Investment Corp (MFIC) signed a merger agreement with Ares Capital Corp (ARCC) under which MFIC stockholders would receive $1.21 in cash plus ARCC stock, valued at a total of $10.88 per share. The total is below MFIC's preliminary net asset value of $12.86 per share as of September 30, 2026, but it is a 30.1% premium to MFIC's October 26, 2026 closing price, and the stock portion will vary with ARCC's price and NAV before closing.
Cash consideration of $1.21 per share and stock consideration of about $9.67 per share, for total consideration of $10.88 per fully diluted share
Premium of approximately 30.1% to MFIC's October 26, 2026 closing price and 25.8% to its 30-day VWAP
Preliminary NAV per share of approximately $12.86 as of September 30, 2026, subject to change in MFIC's third quarter 2026 results expected November 5, 2026
MFIC would pay ARCC a termination fee of $31,360,000 in certain circumstances; closing is expected in the first half of 2027, subject to MFIC stockholder approval
MidCap Financial Investment Corp reported results for the quarter ended June 30, 2026. Net investment income rose to $0.40 per share from $0.38 in the prior quarter, but portfolio losses from credit weakness in a limited number of positions produced a net decrease in net assets of $17.5 million, and net asset value per share fell 3.2% to $13.37. The Board declared a $0.31 per share dividend payable September 24, 2026, though the company says there can be no assurance it will continue that base dividend.
Net investment income was $0.40 per share for the quarter, compared with $0.38 for the quarter ended March 31, 2026.
Net asset value per share was $13.37 at June 30, 2026, down from $13.82 at March 31, 2026.
Net decrease in net assets from operations was $17.5 million, or $(0.21) per share, compared with a $18.1 million increase a year earlier.
The Board declared a quarterly dividend of $0.31 per share payable September 24, 2026, to holders of record as of September 8, 2026.
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 MidCap Financial Investment Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →