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Eagle Point Reports 408,921 Preferred Shares of OFS Credit (OCCIO)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

OFS Credit Company, Inc. preferred stock ownership disclosure shows Eagle Point Credit Management LLC beneficially owns 408,921 shares, representing 8.8% of the class. The filing reports Eagle Point has sole voting and sole dispositive power over all shares reported.

The statement clarifies these securities were not acquired to change or influence control of the issuer and that the disclosure is made under the Schedule 13G framework. The filing identifies the securities class as Preferred Stock and lists the reporting person as Eagle Point Credit Management LLC organized in Delaware.

Positive

  • Material institutional stake disclosed: Eagle Point beneficially owns 408,921 preferred shares representing 8.8% of the class
  • Sole voting and dispositive power reported for all shares, providing clear ownership and control over how these shares are voted and disposed

Negative

  • None.

Insights

TL;DR: Eagle Point holds a material minority stake (8.8%) in OFS Credit preferred stock with sole voting and dispositive power.

The disclosure is a routine Schedule 13G amendment reporting beneficial ownership of 408,921 preferred shares, equal to 8.8% of the class. For investors, an institutional holder with sole voting and dispositive power at this magnitude signals concentrated ownership but not control. There is no indication in the filing of intent to influence corporate control, which keeps the filing in the informational category rather than an activist signal.

TL;DR: Ownership concentration is notable but the filer certifies no intent to influence control, so governance risk appears limited.

The filing documents sole voting authority for all reported shares, which means the holder can unilaterally vote these preferred shares though they remain a minority position at 8.8%. The certification that the securities were not acquired to change control reduces immediate governance concern. Absence of shared voting arrangements or a group designation indicates this position is held individually by Eagle Point Credit Management LLC.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: Preferred Stock, CUSIP: 67111Q305, 67111Q404, 67111Q503


SCHEDULE 13G



Eagle Point Credit Management LLC
Signature:/s/ Courtney Fandrick
Name/Title:Courtney Fandrick, Chief Compliance Officer
Date:08/12/2025

FAQ

How many OFS Credit preferred shares does Eagle Point own (OCCIO)?

The filing reports a beneficial ownership of 408,921 shares of OFS Credit preferred stock, representing 8.8% of the class.

Does Eagle Point have voting control over the reported shares of OCCIO?

Yes. The filing states Eagle Point has sole voting power and sole dispositive power over the 408,921 shares.

Was the stake acquired to influence control of OFS Credit (OCCIO)?

The certification in the filing states the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

What form was filed to report this position in OCCIO?

The position is reported on a Schedule 13G/A (amendment) filing by Eagle Point Credit Management LLC.

Where is Eagle Point Credit Management LLC organized?

The filing identifies Eagle Point Credit Management LLC as organized in the State of Delaware.
Ofs Credit Company Inc

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Asset Management
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United States
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