8-K 1 ea163264-8k_triplepoint.htm CURRENT REPORT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): July 22, 2022

 

 

TriplePoint Venture Growth BDC Corp.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Maryland   814-01044   46-3082016

(State or Other Jurisdiction

of Incorporation)

 

(Commission File Number)

 

(IRS Employer

Identification No.)

 

2755 Sand Hill Road, Suite 150, Menlo Park, California   94025
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (650) 854-2090

 

n/a

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Stock, par value $0.01 per share   TPVG   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b- 2 of the Securities Exchange Act of 1934.

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On July 22, 2022, our wholly owned subsidiary, TPVG Variable Funding Company LLC (the “Borrower”), amended its Receivables Financing Agreement (the secured revolving credit facility thereunder, the “Credit Facility”), by executing an Omnibus Amendment to Receivables Financing Agreement, dated as of July 22, 2022 (the “Amendment”), by and among the Borrower, us, and the lender and other parties thereto.  The Amendment, among other things, extends the revolving period from November 30, 2022 to May 31, 2024 and the scheduled maturity date from May 31, 2024 to November 30, 2025.

 

The Credit Facility includes customary representations and warranties and requires us and the Borrower to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities.

 

A copy of the Amendment is attached hereto as Exhibit 10.1. The foregoing description is qualified in its entirety by reference to the full text of the Amendment, which is incorporated herein by reference.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The disclosure set forth above under Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

10.1  Omnibus Amendment to Receivables Financing Agreement, dated July 22, 2022

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, TriplePoint Venture Growth BDC Corp. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

          

  TriplePoint Venture Growth BDC Corp.
   
Date: July 25, 2022 By: /s/ Christopher M. Mathieu
  Name: Christopher M. Mathieu
  Title: Chief Financial Officer

 

 

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