PhenixFIN Corp Files Definitive Proxy Statement
Ticker: PFXNZ · Form: DEF 14A · Filed: Jan 22, 2025 · CIK: 1490349
| Field | Detail |
|---|---|
| Company | Phenixfin Corp (PFXNZ) |
| Form Type | DEF 14A |
| Filed Date | Jan 22, 2025 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Key Dollar Amounts | $16,000, $100,000, $10,001, $50,000, $100,000 K |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-meeting, regulatory-filing
TL;DR
PhenixFIN Corp proxy filed. Annual meeting March 12. Vote your shares!
AI Summary
PhenixFIN Corp (formerly Medley Capital Corp) filed its definitive proxy statement on January 22, 2025, for its annual meeting on March 12, 2025. The filing, under the 1934 Securities Exchange Act, details information required for shareholder voting. The company is incorporated in Delaware and its fiscal year ends on September 30.
Why It Matters
This filing is crucial for shareholders as it outlines the agenda and proposals for the upcoming annual meeting, enabling them to make informed voting decisions.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) for an annual shareholder meeting, not indicating any immediate financial distress or significant operational changes.
Key Numbers
- 0930 — Fiscal Year End (Indicates the end of the company's financial reporting period.)
Key Players & Entities
- PhenixFIN Corp (company) — Registrant
- Medley Capital Corp (company) — Former Company Name
- March 12, 2025 (date) — Annual Meeting Date
- January 22, 2025 (date) — Filing Date
- 445 Park Avenue, 9th Floor, New York, NY 10022 (address) — Company Business Address
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used by companies to solicit shareholder votes for their annual meetings or other corporate actions, providing detailed information about the matters to be voted upon.
When is the PhenixFIN Corp annual meeting scheduled?
The annual meeting for PhenixFIN Corp is scheduled for March 12, 2025.
What was PhenixFIN Corp formerly known as?
PhenixFIN Corp was formerly known as Medley Capital Corp and Medley Capital BDC LLC.
What is the company's state of incorporation?
PhenixFIN Corp is incorporated in Delaware (DE).
What is the filing date of this proxy statement?
This definitive proxy statement was filed on January 22, 2025.
Filing Stats: 4,910 words · 20 min read · ~16 pages · Grade level 11.7 · Accepted 2025-01-22 17:05:57
Key Financial Figures
- $16,000 — at an anticipated cost of approximately $16,000, plus reimbursement of certain expenses
- $100,000 — ors David A. Lorber ( Nominee ) over $100,000 Independent Directors Arthur S. Ains
- $10,001 — pendent Directors Arthur S. Ainsberg $10,001 – $50,000 Howard Amster ( Nominee ) o
- $50,000 — rectors Arthur S. Ainsberg $10,001 – $50,000 Howard Amster ( Nominee ) over $100,0
- $100,000 K — 50,000 Howard Amster ( Nominee ) over $100,000 Karin Hirtler-Garvey $10,001 – $50,000
- $1 — _____ (1) The dollar ranges are: None, $1 – $10,000, $10,001 – $50,000, $50,001 –
- $10,000 — (1) The dollar ranges are: None, $1 – $10,000, $10,001 – $50,000, $50,001 – $100,000
- $50,001 — None, $1 – $10,000, $10,001 – $50,000, $50,001 – $100,000 or over $100,000. (2) The d
- $49.00 — e closing price for our common stock of $49.00 on the Record Date on the NASDAQ Global
Filing Documents
- ea0228374-01.htm (DEF 14A) — 703KB
- tproxy_001.jpg (GRAPHIC) — 952KB
- tproxy_002.jpg (GRAPHIC) — 1343KB
- 0001213900-25-005564.txt ( ) — 6605KB
- pfx-20250122.xsd (EX-101.SCH) — 10KB
- pfx-20250122_def.xml (EX-101.DEF) — 3KB
- pfx-20250122_lab.xml (EX-101.LAB) — 34KB
- pfx-20250122_pre.xml (EX-101.PRE) — 5KB
- ea0228374-01_htm.xml (XML) — 106KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management The following table sets forth, as of the Record Date, the beneficial ownership of each current director, the nominee for director, the Company's executive officers, each person known to us to beneficially own 5% or more of the outstanding shares of our common stock, and the executive officers and directors as a group. Unless otherwise indicated, the Company believes that each beneficial owner set forth in the table below has sole voting and investment power and has the same address as the Company. The Company's directors are divided into two groups — interested directors and independent directors. Interested directors are "interested persons" (as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the "1940 Act")) of the Company. The address of all executive officers and directors is c/o PhenixFIN Corporation, 445 Park Avenue, 10 th Floor, New York, NY 10022. Name and Address of Beneficial Owner Number of Shares Owned Beneficially Percentage of Class (1) Adalta Capital Management LLC 118,973 (2) 5.9 % 22NW Fund, LP 117,885 (3) 5.8 % Interested Director David A. Lorber ( Nominee ) 223,805.416 (4) 11.1 % Independent Directors Arthur S. Ainsberg 1,000 * % Howard Amster ( Nominee ) 263,536 (5) 13.0 % Karin Hirtler-Garvey 1,000 * % Lowell W. Robinson 1,000 * % Executive Officer Ellida McMillan 2,336 * % All executive officers and directors as a group (6 persons) 492,677.416 24.4 % ____________ * Represents less than one percent. 3 (1) Based on a total of 2,019,778 shares of the Company's common stock issued and outstanding on January 13, 2025. (2) Based on the information included in the Schedul