Welcome to our dedicated page for Investcorp Cr Mgmt Bdc SEC filings (Ticker: ICMB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Investcorp Credit Management BDC, Inc. (ICMB) SEC filings page on Stock Titan provides access to the company’s key regulatory documents as a publicly traded business development company. ICMB is an externally managed, closed-end, non-diversified management investment company that has elected BDC status under the Investment Company Act of 1940, and it files a range of reports with the U.S. Securities and Exchange Commission.
Investors can review annual and transition reports such as Form 10-K or Form 10-KT, which include audited financial statements, detailed portfolio information, risk disclosures, and discussions of the company’s business model of investing in debt and related equity of privately held middle-market companies. Quarterly reports on Form 10-Q provide interim updates on net investment income, net asset value per share, portfolio composition, and capital resources, including the revolving credit facility and notes payable.
ICMB also files current reports on Form 8-K to disclose material events, such as the release of preliminary or final quarterly financial results and the availability of supplemental investor presentations. Recent 8-K filings reference press releases for quarters ended June 30, 2025 and September 30, 2025, as well as related investor materials.
The company’s proxy materials on Form DEF 14A describe governance matters, including the election of directors, stockholder voting procedures, executive compensation, and information on beneficial ownership. These documents also confirm details such as ICMB’s Maryland incorporation, principal office location in New York, and listing of its common stock on The NASDAQ Global Select Market under the symbol ICMB.
On Stock Titan, AI-powered tools can help summarize lengthy filings, highlight key sections on investment income, expenses, portfolio metrics, and capital structure, and make it easier to interpret complex disclosures. Users can quickly locate references to distributions, management fees, incentive fees, and other items that are central to analyzing a business development company like ICMB.
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. is an externally managed business development company focused on lending to U.S. middle‑market firms, generally with enterprise values under $750 million. The company targets first and second lien and unitranche loans, plus selective unsecured and equity positions.
As of December 31, 2025, the portfolio held debt and equity investments in 37 companies with fair value of $172.7 million, concentrated in first lien debt and floating‑rate structures. Key sectors include professional services, IT services, insurance, diversified consumer services and commercial services & supplies.
The company uses a $100 million senior secured revolving credit facility with Capital One, maturing in 2029, now priced at SOFR plus 2.50%. Management emphasizes rigorous underwriting, covenant protections and partnerships with private equity sponsors to seek attractive risk‑adjusted returns and capital preservation.
Investcorp Credit Management BDC reported that Bulldog Investors, LLP and two associated individuals filed a Schedule 13G disclosing beneficial ownership of its common stock as of December 31, 2025.
Bulldog Investors, LLP reports beneficial ownership of 593,387 shares, representing 4.11% of the common stock. Phillip Goldstein reports beneficial ownership of 779,201 shares, or 5.4% of the class, while Andrew Dakos reports 557,929 shares, or 3.87%.
The filing details each filer’s sole and shared voting and dispositive power and notes that clients of Bulldog Investors and other accounts associated with Goldstein and Dakos are entitled to receive dividends and sale proceeds. The securities are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
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. reported third‑quarter results for the period ended September 30, 2025. Total investment income was $4.36 million, against net expenses of $3.79 million, producing net investment income after taxes of $0.51 million. Including valuation changes, the quarter resulted in a net decrease in net assets from operations of $1.26 million, or earnings per share of $(0.09).
Total investments at fair value were $196.14 million and total assets were $210.64 million. Net assets were $72.70 million, translating to a net asset value of $5.04 per share, compared with $5.39 at December 31, 2024. The company had $63.5 million outstanding on its revolving credit facility and $65.0 million of 2026 Notes.
For the quarter, distributions declared were $0.14 per common share. Shares outstanding were 14,431,202 as of September 30, 2025.
Investcorp Credit Management BDC, Inc. (ICMB) will hold its 2025 Annual Meeting on December 18, 2025 at 9:00 a.m. ET at 280 Park Avenue, 39th Floor, New York, NY. Stockholders of record as of October 15, 2025 may vote.
The agenda asks stockholders to elect one director: Michael C. Mauer for a three‑year term expiring in 2028. The Board, including the independent directors, recommends a vote FOR the nominee. Voting is available by mail, telephone, Internet, or in person; the meeting format may be moved to remote communications if announced in advance.
There were 14,419,762 shares outstanding as of October 15, 2025. A quorum requires the presence, in person or by proxy, of a majority of votes entitled to be cast. The Audit Committee has selected KPMG LLP as independent auditor for the fiscal year ending December 31, 2025; the company reports no disagreements with the prior auditor, RSM US LLP, whose dismissal became effective upon issuance of its FY2024 report.
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.