Eagle Point Credit (NYSE: ECC) updates NAV estimate to $7.06–$7.16 per share
Eagle Point Credit Company Inc. filed an update giving investors a fresh look at the value of its common stock portfolio. Management provided an unaudited estimate of the company’s net asset value (NAV) per share as of August 31, 2025, in a range between $7.06 and $7.16. NAV per share represents the value of the company’s assets minus its liabilities, divided by the number of common shares, and is a key metric for evaluating a credit-focused closed-end fund like Eagle Point.
Positive
- None.
Negative
- None.
8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date
of earliest event reported):
Eagle Point Credit Company Inc.
(Exact name of Registrant as specified in its charter)
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
(Address of Principal Executive Offices) (Zip Code)
Registrant’s
telephone number, including area code: (
(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 (see General Instruction A.2. below):
| 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 | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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 8.01. | Other Events. |
Management’s unaudited estimate of the range of the net asset value per share of our common stock as of August 31, 2025 was between $7.06 and $7.16.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Eagle Point Credit Company Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Eagle Point Credit Company Inc. | ||
| Date: September 9, 2025 | By: | /s/ Kenneth P. Onorio |
| Kenneth P. Onorio | ||
| Chief Financial Officer and Chief Operating Officer | ||
FAQ
What NAV per share did Eagle Point Credit Company Inc. (ECC) report in this 8-K?
Management provided an unaudited estimate that Eagle Point Credit Company Inc.’s net asset value per share of common stock as of August 31, 2025 was between $7.06 and $7.16.
As of what date is ECC’s NAV per share estimate calculated?
The unaudited NAV per share estimate for Eagle Point Credit Company Inc. covers the period ended August 31, 2025.
Is the Eagle Point Credit (ECC) NAV per share figure audited or unaudited?
The net asset value per share figure disclosed for Eagle Point Credit Company Inc. is a management unaudited estimate for August 31, 2025.
What type of filing did ECC use to report its NAV per share estimate?
Eagle Point Credit Company Inc. reported its August 31, 2025 NAV per share estimate in a Form 8-K filed under the Securities Exchange Act of 1934.
Which securities of Eagle Point Credit Company Inc. are listed on the New York Stock Exchange?
Eagle Point Credit Company Inc. lists its common stock (ECC), 6.50% Series C Term Preferred Stock due 2031 (ECCC), 6.75% Series D Preferred Stock (ECC PRD), 8.00% Series F Term Preferred Stock due 2029 (ECCF), and several note issues including 6.6875% Notes due 2028 (ECCX), 6.75% Notes due 2031 (ECCW), 5.375% Notes due 2029 (ECCV), and 7.75% Notes due 2030 (ECCU) on the New York Stock Exchange.
Who signed the Eagle Point Credit Company Inc. (ECC) 8-K containing the NAV update?
The report was signed on behalf of Eagle Point Credit Company Inc. by Kenneth P. Onorio, the company’s Chief Financial Officer and Chief Operating Officer.