Company: ECC-PD
Filing Date: 2025-04-11
Form Type: N-2ASR
Source: 0001104659-25-034204
Chunk: 56

Company: Eagle Point Credit Co Inc.
Filing Date: 2025-04-11
Form: N-2ASR
Chunk 56
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 not fully exercise your subscription rights in any rights offering. In the event we issue subscription rights to purchase shares of our common stock to existing stockholders, stockholders who do not fully exercise their rights should expect that they will, at the completion of the offer, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of the offer. In addition, if the subscription price is less than our net asset value per share, then our stockholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offer. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of the rights offering or what proportion of the shares will be purchased as a result of the offer. Such dilution could be substantial.

31 Holders of our common stock may experience dilution as a result of the conversion of the Series AA Convertible Perpetual Preferred Stock or the Series AB Convertible Perpetual Preferred Stock. A significant number of Company securities are or will be convertible into shares of our common stock. Upon the conversion of some or all of the Series AA Convertible Perpetual Preferred Stock or the Series AB Convertible Perpetual Preferred Stock, the percentage ownership and voting power held by the existing holders of our common stock will be significantly reduced and such holders of our common stock could experience significant dilution. The impact of tax legislation on us, our stockholders and our investments is uncertain. Changes in tax laws, regulations or administrative interpretations or any amendments thereto could adversely affect us, the entities in which we invest, or our stockholders. You are urged to consult with your tax advisor with respect to the impact of any such legislation or other regulatory or administrative developments and proposals and their potential effect on your investment in us. Our Preferred Stock and Notes may cause the NAV and market value of our common stock to be more volatile. The Preferred Stock and Notes, and any future issuances of additional series of Preferred Stock or debt securities or other indebtedness, may cause the NAV and market value of our common stock to become more volatile. If the dividend rate on the Preferred Stock or interest rate payable on our indebtedness were to approach the net rate of return on our investment portfolio, the benefit