Chicago, IL, March 19, 2024 (GLOBE NEWSWIRE) -- Vedder Price is pleased to announce that it represented the Special Committee of Independent Directors of BlackRock Capital Investment Corporation ("BCIC") (NASDAQ:BKCC) in the previously announced merger of BCIC with BlackRock TCP Capital Corp., which closed on Monday, March 18, 2024. In connection with the merger, the combined company will continue to trade on the NASDAQ Global Select Market (NASDAQ:TCPC). The combined company will also continue to be externally managed by its advisor, an indirect subsidiary of BlackRock, Inc. "We are pleased to have guided the Special Committee through all aspects of the merger process," said Vedder

BlackRock TCP Capital Corp. ("TCPC")(NASDAQ:TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation ("BCIC")(NASDAQ:BKCC). The combined company will continue to trade on the Nasdaq Global Select Market under the ticker symbol "TCPC" and continue to be externally managed by its advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc. Rajneesh Vig, Co-Head of US Private Capital (USPC) for BlackRock, and Chairman and CEO of BlackRock TCP Capital Corp., said: "We are excited to close this transaction that brings together two portfolios that we know well and that have substantial overlap. The combination with BCIC positions TCPC

BlackRock TCP Capital Corp. ("TCPC")(NASDAQ:TCPC) and BlackRock Capital Investment Corporation ("BCIC")(NASDAQ:BKCC) announced today that the shareholders of each business development company ("BDC") have voted to approve the necessary proposals related to the merger of TCPC and BCIC at each company's special meeting of shareholders held on March 7, 2024. Shareholders voted overwhelmingly in favor of the proposed transaction, as more than 90% of shareholders represented at each meeting voted in favor of the merger. Rajneesh Vig, Co-Head of US Private Capital ("USPC") for BlackRock, and Chairman and CEO of BlackRock TCP Capital Corp., said: "We thank shareholders of both BDCs for their o

Wells Fargo downgraded BlackRock Capital from Overweight to Equal Weight and set a new price target of $3.00 from $4.25 previously

Wells Fargo reiterated coverage of BlackRock Capital Inv with a rating of Overweight and set a new price target of $4.50 from $4.25 previously

Wells Fargo reiterated coverage of BlackRock Capital Inv with a rating of Overweight and set a new price target of $4.25 from $4.00 previously

4 - BlackRock Capital Investment Corp (0001326003) (Issuer)

4 - BlackRock Capital Investment Corp (0001326003) (Issuer)

4 - BlackRock Capital Investment Corp (0001326003) (Issuer)

N-54C - BlackRock Capital Investment Corp (0001326003) (Filer)

8-K - BlackRock Capital Investment Corp (0001326003) (Filer)

8-K - BlackRock Capital Investment Corp (0001326003) (Filer)

Aditxt, Inc. ("Aditxt, or the "Company"). (NASDAQ:ADTX), a biotech innovation company with a mission to improve the health of the immune system, today announced key executive management changes to support its growth plans. Corinne Pankovcin, who has served as CFO of Aditxt, has been appointed as President and will work closely with the Company's CEO, Amro Albanna, to execute Aditxt's business strategy. Thomas J. Farley, who has served as Controller and Principal Accounting Officer of Aditxt, has been appointed as CFO. As CFO of Aditxt since July 2020, Ms. Pankovcin, along with the Company's CEO and executive team, has effectively managed the Company's growth as it became publicly traded on

GAAP Net Investment Income ("NII") was $9.3 million, or $0.13 per share, in the fourth quarter, a 3% decrease from the third quarter, and a 15% year-over-year increase from the fourth quarter of 2022. Fourth quarter NII provided dividend coverage of 128% on a GAAP basis, a decrease from prior quarter dividend coverage of 131% and up from 112% coverage in the fourth quarter of 2022. Net Asset Value ("NAV") decreased to $315.7 million as of December 31, 2023, down approximately 1% from $317.6 million as of September 30, 2023, due primarily to $3.9 million of net realized and unrealized losses on the portfolio during the quarter, partially offset by $2.0 million of NII in excess of the dec

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2023 on Tuesday, March 5, 2024 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Wednesday, March 6, 2024 to discuss its fourth quarter 2023 financial results. The Company's fourth quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the Un

GAAP Net Investment Income ("NII") was $9.5 million, or $0.13 per share, in the third quarter, a 7% increase from the second quarter, and a 24% year-over-year increase from the third quarter of 2022. Third quarter NII provided dividend coverage of 131% on a GAAP basis, an increase from prior quarter dividend coverage of 123% and up from 105% coverage in the third quarter of 2022. Net Asset Value ("NAV") increased to $317.6 million as of September 30, 2023, up 1% from $314.0 million as of June 30, 2023, driven by $2.3 million of NII in excess of the declared dividend and $1.3 million of net realized and unrealized gains on the portfolio during the quarter. NAV per share increased to $4.3

SC 13G/A - BlackRock Capital Investment Corp (0001326003) (Subject)

SC 13G/A - BlackRock Capital Investment Corp (0001326003) (Subject)

SC 13G/A - BlackRock Capital Investment Corp (0001326003) (Subject)