SEC Filing Summary: Apollo Investment Corporation
Business Context and Reporting Period
This Form 8-K was filed by Apollo Investment Corporation (not Midcap Financial Investment Corp) on June 30, 2015. The report discloses a specific corporate event that occurred on April 29, 2015.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period. The only specific financial figure disclosed is related to a single transaction:
- Transaction Proceeds: Approximately $20.6 million (net, excluding accrued interest) from the sale of an investment position.
Material Changes
The material change reported is the divestiture of the company's entire position in Molycorp, Inc. on April 29, 2015. This transaction resulted in the net proceeds noted above.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, risk factors, or contingencies beyond the disclosure of the Molycorp, Inc. sale.
Investor Verification Checklist
- Verify the exact net proceeds and accrued interest details regarding the Molycorp, Inc. sale in the company's subsequent quarterly or annual reports.
- Confirm the impact of this $20.6 million cash inflow on the company's overall liquidity and portfolio composition.
- Review the company's 10-Q or 10-K filings for the full financial context, as this 8-K only reports a single event.