Every 8-K that Investcorp Credit Management BDC, Inc. (ICMB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ICMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ICMB filings page.
Investcorp Credit Management BDC, Inc. disclosed that on May 27, 2026 it disposed of its entire exposure in Work Genius Holdings, Inc. and Work Genius, LLC for an aggregate fair market value of approximately $10.3 million. This represents a full exit from those positions and updates investors on a specific portfolio realization.
Investcorp Credit Management BDC, Inc. reported weak results for the quarter ended March 31, 2026, as market losses sharply reduced book value. Total investment income was $3.55 million, but higher expenses left net investment income before taxes at only $0.33 million, or $0.02 per share.
Large realized and unrealized losses on investments of $8.81 million led to a net decrease in net assets from operations of $8.63 million, or $(0.60) per share. Net asset value per share fell from $4.25 to $3.65, and total net assets declined to $52.7 million, a 14.07% drop for the quarter.
The investment portfolio at fair value declined to $151.4 million across 34 portfolio companies, with about 82.54% in first-lien debt and a weighted average debt yield of 11.95%. Leverage remained high, with debt of $108.1 million and a debt-to-equity ratio of 2.05x. No common stock distributions were paid in the quarter, and the company reduced its Capital One revolving facility size from $100 million to $50 million while also refinancing its 2026 notes into new 2029 notes.
Investcorp Credit Management BDC, Inc. amended its Capital One-led revolving credit facility through a sixth amendment to its Loan, Security and Collateral Management Agreement. The change reduces the facility size from $100 million to $50 million, lowering the maximum borrowing capacity available to its wholly owned financing subsidiary.
Investcorp Credit Management BDC, Inc. furnished an investment dashboard for the quarter ended December 31, 2025, outlining the structure and risk profile of its portfolio. The portfolio’s total fair market value was $172.7 million across 37 portfolio companies, 67 positions and 18 industries.
Approximately 81% of the portfolio consisted of senior secured debt, with a weighted-average coupon of 9.1% (including cash, PIK and base rate) and a portfolio loan-to-value of 46.3%. The weighted-average net leverage of portfolio companies was 5.2x and interest coverage was 2.2x.
Roughly 90% of portfolio fair market value carried internal risk ratings of 2 or 3, while non-accruals represented 6.9% of the portfolio. About 70.2% of deals were sponsor-backed and 66.1% were governed by covenants, with 20.2% of positions including PIK components.
Investcorp Credit Management BDC, Inc. announced that it has engaged Houlihan Lokey as financial advisor to assist the Special Committee of Independent Directors in an ongoing review of strategic alternatives aimed at maximizing shareholder value. The committee is evaluating a broad range of strategic, financial and business configuration options.
The company has not set a timetable, has made no decisions, and notes there is no assurance the review will result in any specific transaction or outcome. Management does not plan to provide further updates until a definitive course of action is approved, the review concludes, or additional disclosure is deemed appropriate.
Investcorp Credit Management BDC, Inc. reported weak results for the quarter and year ended December 31, 2025 and its Board began a review of strategic alternatives led by a special committee of independent directors. The Board also chose not to declare a quarterly dividend for the quarter ended March 31, 2026.
As of December 31, 2025, total assets were $188.8 million, net assets were $61.3 million and net asset value was $4.25 per share. For the quarter, net investment income before taxes was $0.3 million, or $0.02 per share, and the net decrease in net assets from operations was $9.4 million, or $0.65 per share, driven by about $9.5 million of net realized and unrealized losses.
The investment portfolio totaled $172.7 million at fair value across 37 portfolio companies, with 80.76% in first-lien debt and 19.24% in equity, warrants and other positions. The debt portfolio was 98.0% floating rate and the weighted average yield on debt investments was 10.56%. Debt-to-equity rose to 2.02x.
Subsequent to quarter end, the company arranged a $65.0 million unsecured note with an adviser affiliate, bearing interest at SOFR plus 5.50% and maturing July 1, 2029, to repay its 2026 notes due April 1, 2026. Management indicated this financing should keep the company in compliance with applicable asset coverage requirements.
Investcorp Credit Management BDC, Inc. reported that it released preliminary financial results for the fiscal quarter ended September 30, 2025. The company announced these results through a press release and also posted a supplemental investor presentation on its website to provide additional detail around its earnings. Both the press release and the investor presentation are furnished as exhibits to this Form 8-K and are incorporated by reference.
Investcorp Credit Management BDC, Inc. filed a Form 8-K disclosing a material event and attached a Press Release dated August 12, 2025 and an Investor Presentation dated August 12, 2025. The filing also references a Cover Page Interactive Data File embedded in the Inline XBRL document and is dated August 14, 2025. The Form 8-K is signed by Suhail A. Shaikh, President and Chief Executive Officer. No financial tables, transaction details, or earnings figures are presented in the provided excerpt.