0001104659-22-004456.txt : 20220114 0001104659-22-004456.hdr.sgml : 20220114 20220114165402 ACCESSION NUMBER: 0001104659-22-004456 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220114 DATE AS OF CHANGE: 20220114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Eagle Point Credit Co Inc. CENTRAL INDEX KEY: 0001604174 IRS NUMBER: 465215217 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-237586 FILM NUMBER: 22532436 BUSINESS ADDRESS: STREET 1: 600 STEAMBOAT RD, SUITE 202 CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203.862.3150 MAIL ADDRESS: STREET 1: 600 STEAMBOAT RD, SUITE 202 CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: Eagle Point Credit Co LLC DATE OF NAME CHANGE: 20140331 424B3 1 tm223013-2_424b3.htm 424B3

Filed pursuant to Rule 424(b)(3)
1933 Act File No. 333-237586

PROSPECTUS SUPPLEMENT dated January 14, 2022
(to Prospectus dated May 29, 2020, as supplemented from time to time)

EAGLE POINT CREDIT COMPANY INC.

$125,000,000 of Common Stock

Up to 1,900,000 Shares of 6.50% Series C Term Preferred Stock due 2031
Liquidation Preference $25 per share

Up to 2,500,000 Shares of 6.75% Series D Preferred Stock
Liquidation Preference $25 per share

This prospectus supplement supplements the prospectus supplement dated December 20, 2021, or the “December Supplement,” and the accompanying prospectus thereto dated May 29, 2020, or the “Base Prospectus.” The Base Prospectus and December Supplement, and all supplements to or documents incorporated by reference into the Base Prospectus and December Supplement, are collectively referred to as the “Prospectus.” The Prospectus relates to the offering of (1) $125,000,000 aggregate amount of our common stock, par value $0.001 per share, or the “common stock,” (2) up to 1,900,000 shares of our 6.50% Series C Term Preferred Stock due 2031, or the “Series C Term Preferred Stock,” with an aggregate liquidation preference of $47,500,000, and (3) up to 2,500,000 shares of our 6.75% Series D Preferred Stock, or the “Series D Preferred Stock” and, together with the Series C Term Preferred Stock, the “Preferred Stock,” with an aggregate liquidation preference of $62,500,0000, pursuant to the Second Amended and Restated At Market Issuance Sales Agreement, dated December 20, 2021, with B. Riley Securities, Inc. This prospectus supplement provides certain updated financial information for the Company as of December 31, 2021.

Investing in our securities involves a high degree of risk, including the risk of a substantial loss of investment. Before purchasing any shares of our common stock or Preferred Stock, you should read the discussion of the principal risks of investing in our securities, which are summarized in “Risk Factors” beginning on page S-26 of the December Supplement and page 20 of the Base Prospectus.

The terms “we,” “us” and “our” refer to Eagle Point Credit Company Inc., a Delaware corporation, and its consolidated subsidiaries.

UPDATED FINANCIAL INFORMATION

Management’s unaudited estimate of the range of the net asset value per share of our common stock as of December 31, 2021 was between $13.35 and $13.45.

In addition, management’s unaudited estimate of the range of our net investment income and realized gain/loss per share of our common stock for the quarter ended December 31, 2021 was between $0.36 and $0.40. The unaudited estimate range of our net investment income and realized gain/loss per share for the quarter ended December 31, 2021 is net of estimated excise tax of $0.02 per share and is net of non-recurring expenses and losses of $0.04 per share related to the issuance of the Series D Preferred Stock and acceleration of unamortized issuance costs associated with the partial redemption of our 7.75% Series B Term Preferred Stock due 2026 on December 31, 2021.