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Stock impact report

Investcorp Credit Management BDC, Inc. Announces Revised Financial Results for the Quarter Ended December 31, 2023, and Quarterly and Supplemental Distribution

Investcorp Credit Management BDC, Inc. (ICMB) 
Last investcorp credit management bdc, inc. earnings: 2/10 05:10 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (“ICMB” or the “Company”) announced its revised financial results today for its fiscal second quarter ended December 31, 2023, to reflect approximately $388,000 (or approximately $0.02 per share) of adjustments relating to the incorrect accrual of certain expenses reported in the Company’s consolidated financial statements contained in a press release issued by the Company February 12, 2024.HIGHLIGHTSOn February 8, 2024, the Company’s Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending March 31, 2024, payable in cash on April 5, 2024, to stockholders of record as of March 15, 2024 and a supplemental distribution of $0.03 per share, payable on April 5, 2024, to stockholders of record as of March 15, 2024.During the quarter, ICMB made investments in five new portfolio companies and one existing portfolio company. These investments totaled $18.1 million, at Show less Read more
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