PFLT Changes Principal Executive Offices to Miami Beach

TL;DR

**PFLT moved its HQ to Miami Beach, filed an 8-K on Feb 7, 2024.**

AI Summary

PennantPark Floating Rate Capital Ltd. (PFLT) filed an 8-K on February 7, 2024, to report its results of operations and financial condition. This filing indicates that the company has changed its principal executive offices from 590 Madison Avenue, New York, NY to 1691 Michigan Avenue, Miami Beach, Florida 33139. This matters to investors as a change in headquarters can sometimes signal strategic shifts or cost-saving measures, potentially impacting future operational efficiency and investor perception.

Why It Matters

A change in principal executive offices can reflect a company's strategic realignment, cost-cutting efforts, or a move to a more favorable business environment, which could influence its long-term performance and investor confidence.

Risk Assessment

Risk Level: low — The filing primarily reports a change in the company's principal executive offices, which is generally a low-risk operational update.

Analyst Insight

Investors should monitor future filings for any commentary from management regarding the rationale behind the headquarters move and its expected impact on operations or financial performance. This information could provide further insight into potential strategic shifts.

Key Numbers

• $0.001 — par value per share (par value of Common Stock)

Key Players & Entities

• PennantPark Floating Rate Capital Ltd. (company) — the registrant filing the 8-K
• February 7, 2024 (date) — date of earliest event reported and filing date
• 590 Madison Avenue, 15th Floor, New York, NY 10022 (location) — former principal executive offices
• 1691 Michigan Avenue, Miami Beach, Florida 33139 (location) — new principal executive offices
• PFLT (company) — trading symbol for Common Stock
• The New York Stock Exchange (company) — exchange where Common Stock is registered

Forward-Looking Statements

• The change in headquarters may lead to a slight increase in operational efficiency due to potential cost savings or strategic advantages in the new location. (PennantPark Floating Rate Capital Ltd.) — medium confidence, target: 2025-02-07

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share PFLT The New York Stock Excha

Filing Documents

• f8k_020724.htm (8-K) — 17KB
• exh_991.htm (EX-99.1) — 107KB
• exh991small_1.jpg (GRAPHIC) — 3KB
• 0001171843-24-000668.txt ( ) — 334KB
• gnw-20190101.xsd (EX-101.SCH) — 3KB
• gnw-20190101_def.xml (EX-101.DEF) — 25KB
• gnw-20190101_lab.xml (EX-101.LAB) — 33KB
• gnw-20190101_pre.xml (EX-101.PRE) — 22KB
• f8k_020724_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On February 7, 2024, PennantPark Floating Rate Capital Ltd., or the Company, issued a press release announcing its financial results for the first fiscal quarter ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report pursuant to Item 2.02 on Form 8-K and Regulation FD. The information in this report on Form 8-K, including Exhibits 99.1 furnished herewith, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of such section. The information in this report on Form 8-K shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Act, or under the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Forward-Looking Statements

Forward-Looking Statements This report on Form 8-K, including Exhibits 99.1 furnished herewith, may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports the Company files under the Exchange Act. All statements other than statements of historical facts included in this report on Form 8-K, including Exhibit 99.1 furnished herewith, are forward-looking statements and are not guarantees of future performance or results, and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made. The Company may use words such as "anticipates," "believes," "expects," "intends," "seeks," "plans," "estimates" and similar expressions to identify forward-looking statements. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from its historical experience and present expectations.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (a) Financial statements: None (b) Pro forma financial information: None (c) Shell company transactions: None (d) Exhibits 99.1 Press Release of PennantPark Floating Rate Capital Ltd. dated February 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. PennantPark Floating Rate Capital Ltd. Date: February 7, 2024 By: /s/ Richard T. Allorto, Jr. Richard T. Allorto, Jr. Chief Financial Officer & Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR