SEC Filing Summary: Technology Investment Capital Corp.
Business Context and Reporting Period
This Form 8-K was filed by Technology Investment Capital Corp. (not Oxford Square Capital Corp.) on November 1, 2005, reporting an event that occurred on October 26, 2005. The registrant is a Maryland corporation with principal executive offices in Greenwich, CT.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is a one-time bonus payment of $300,000 authorized for the Chief Financial Officer.
Material Changes
The material change reported is the entry into a definitive agreement regarding executive compensation. The Board of Directors authorized a $300,000 bonus for Patrick F. Conroy, who serves as Chief Financial Officer, Chief Compliance Officer, Treasurer, and Corporate Secretary. The entire amount is to be paid directly by the Company.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies beyond the specific compensation event.
Key Facts for Investor Verification
- Verify the identity of the registrant as Technology Investment Capital Corp., distinct from Oxford Square Capital Corp.
- Confirm the authorization of the $300,000 bonus to Patrick F. Conroy by the Board of Directors on October 26, 2005.
- Note that this filing does not contain periodic financial performance data.