Ikena Oncology Approves Merger with Inmagene Biopharmaceuticals

Portman Ridge Finance Corporation has closed its merger with Logan Ridge Finance Corporation, creating a combined company with total assets exceeding $600 million. The merged entity will rebrand as BCP Investment Corporation and focus on delivering compelling risk-adjusted returns for shareholders. The merger also includes initiatives such as transitioning to monthly base distributions in 2026 and potentially purchasing up to 20% of the outstanding common stock over the next two years.