TICC CAPITAL CORP. (NASDAQ:TICC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
On March 2, 2017, TICC Capital Corp. (the Company) issued a press
release announcing its financial results for the quarter ended
December 31, 2016. The text of the press release is included as
Exhibit 99.1 to this Form 8-K. Additionally, on March 2, 2017,
the Company made available on its website, www.ticc.com,
supplemental investor information with respect to the earnings
release.
The information in this Current Report, including Exhibit 99.1,
is being furnished and shall not be deemed filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that Section.The
information in this Current Report shall not be incorporated by
reference into any registration statement or other document to
the Securities Act of 1933, as amended, unless it is specifically
incorporated by reference therein.
Item 5.05. Amendments to the Registrants
Code of Ethics, or Waiver of a Provision of the Code of
Ethics.
On February 27, 2017, the Companys Board of Directors approved an
amended and restated Code of Business Conduct and Ethics (the
Amended Code). The changes were designed to incorporate into the
Amended Code current governance best practices, including
clarification of prohibitions on the use of confidential
information, expansion of provisions addressing corporate
opportunities, and the addition of provisions relating to fair
dealing and media relations.
The foregoing description of the revisions reflected in the
Amended Code is qualified in its entirety by reference to the
full text of the Amended Code, a copy of which is filed as
Exhibit 14.1 to this Current Report. A copy of the Amended Code
is also publicly available on the Companys website at
www.ticc.com.
Item 9.01 Financial Statements and
Exhibits.
| (a) | Not applicable. |
| (b) | Not applicable. |
| (c) | Not applicable. |
| (d) | Exhibits. |
| Exhibit No. | Description |
| 14.1 | Code of Business Conduct and Ethics |
| 99.1 | Press release dated March 2, 2017 |
About TICC CAPITAL CORP. (NASDAQ:TICC)
TICC Capital Corp. (TICC) is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company’s primary focus is to seek current income by investing primarily in corporate debt securities. Its debt investments include bilateral loans (loans where the Company holds the entirety of a particular loan) and syndicated loans (loans where multiple investors hold portions of that loan). The Company continues to invest in structured finance investments, including collateralized loan obligation (CLO) investment vehicles that own debt securities. CLO investments’ also include warehouse facilities, which are financing structures intended to aggregate loans that are used to form the basis of a CLO vehicle. The Company also invests in publicly traded debt and/or equity securities. TICC Management, an investment adviser that is owned by BDC Partners, manages the Company’s investment activities. TICC CAPITAL CORP. (NASDAQ:TICC) Recent Trading Information
TICC CAPITAL CORP. (NASDAQ:TICC) closed its last trading session 00.00 at 7.89 with 749,989 shares trading hands.
