Ares Capital Corp Files 8-K on Shareholder Vote Matters
Ticker: ARCC · Form: 8-K · Filed: Aug 9, 2024 · CIK: 1287750
| Field | Detail |
|---|---|
| Company | Ares Capital Corp (ARCC) |
| Form Type | 8-K |
| Filed Date | Aug 9, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: ARCC
TL;DR
ARCC filed an 8-K about a shareholder vote. Details TBD.
AI Summary
On August 8, 2024, Ares Capital Corporation filed an 8-K report detailing a submission of matters to a vote of its security holders. The filing does not specify the nature of the vote or any associated resolutions, but it indicates a formal process involving shareholder decisions is underway.
Why It Matters
This filing signals that Ares Capital Corporation is engaging its shareholders in a formal decision-making process, which could impact corporate governance or strategic direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant operational changes.
Key Players & Entities
- ARES CAPITAL CORP (company) — Registrant
- August 8, 2024 (date) — Date of earliest event reported
- 212-750-7300 (phone_number) — Registrant's telephone number
FAQ
What specific matters are being submitted to a vote of Ares Capital Corporation's security holders?
The filing does not specify the exact matters being submitted for a vote, only that a submission of matters to a vote of security holders is occurring.
When was the earliest event reported in this 8-K filing?
The earliest event reported is August 8, 2024.
What is the principal executive office address for Ares Capital Corporation?
The address is 245 Park Avenue, 44th Floor, New York, NY 10167.
Under which section of the Securities Exchange Act of 1934 is this 8-K report filed?
This 8-K report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the IRS Employer Identification Number for Ares Capital Corporation?
The IRS Employer Identification Number is 33-1089684.
Filing Stats: 578 words · 2 min read · ~2 pages · Grade level 14.4 · Accepted 2024-08-09 16:33:00
Key Financial Figures
- $0.001 — ange on which registered Common stock, $0.001 par value ARCC NASDAQ Global Select Mar
Filing Documents
- arcc-20240808.htm (8-K) — 34KB
- 0001287750-24-000042.txt ( ) — 158KB
- arcc-20240808.xsd (EX-101.SCH) — 2KB
- arcc-20240808_lab.xml (EX-101.LAB) — 22KB
- arcc-20240808_pre.xml (EX-101.PRE) — 13KB
- arcc-20240808_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders . Special Meeting of Stockholders On August 8, 2024, Ares Capital Corporation (the "Company") held its special meeting of stockholders (the "Special Meeting"). The issued and outstanding shares of stock of the Company entitled to vote at the Special Meeting consisted of the 611,124,993 shares of common stock outstanding at the close of business on the record date, May 13, 2024. At the Special Meeting, the Company's stockholders voted on the following proposal and the Company's inspector of election certified the vote tabulation indicated below. Proposal 1 The proposal to authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to certain limitations (including, without limitation, that the number of shares issued does not exceed 25% of its then outstanding shares of common stock) was approved, based on the following votes: All stockholders: FOR AGAINST ABSTAIN 238,985,496 63,101,392 11,292,362 All stockholders excluding shares held by affiliated persons: FOR AGAINST ABSTAIN 231,721,186 63,101,392 11,292,362 The authorization will be effective for any such common stock issued during a twelve-month period expiring on August 8, 2025. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARES CAPITAL CORPORATION Date: August 9, 2024 By: /s/ SCOTT C. LEM Name: Scott C. Lem Title: Chief Financial Officer and Treasurer