Priority Income Fund Annual Meeting Proxy Statement Filed

TL;DR

PRIORITY INCOME FUND (PRI) holding annual meeting Sept 19, 2024 - proxy statement out.

AI Summary

Priority Income Fund, Inc. is holding its annual meeting of stockholders on September 19, 2024, to vote on the election of directors and other business. The company, formerly known as Priority Senior Secured Income Fund, Inc., is headquartered at 10 East 40th Street, New York, NY. This filing is a definitive proxy statement, indicating it's for the official shareholder meeting.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda for the annual meeting, including director elections, and provides information necessary for them to cast their votes.

Risk Assessment

Risk Level: low — This is a routine annual proxy statement for a public company, not indicating any immediate financial distress or unusual events.

Key Players & Entities

• Priority Income Fund, Inc. (company) — Registrant
• Priority Senior Secured Income Fund, Inc. (company) — Former company name
• 10 East 40th Street, 42nd Floor, New York, New York 10016 (company) — Business and mailing address
• September 19, 2024 (date) — Date of filing and meeting

FAQ

Key Financial Figures

• $176,886 — nual Meeting for a fee of approximately $176,886 plus out-of-pocket expenses. Stockhol
• $100,000 — ector M. Grier Eliasek None None Over $100,000 Independent Directors Andrew C. Coop
• $1 — erest. (2) The dollar ranges are none, $1-$10,000, $10,001-$50,000, $50,001-$100,
• $10,000 — st. (2) The dollar ranges are none, $1-$10,000, $10,001-$50,000, $50,001-$100,000, or
• $10,001 — The dollar ranges are none, $1-$10,000, $10,001-$50,000, $50,001-$100,000, or over $100
• $50,000 — ar ranges are none, $1-$10,000, $10,001-$50,000, $50,001-$100,000, or over $100,000.
• $50,001 — are none, $1-$10,000, $10,001-$50,000, $50,001-$100,000, or over $100,000. PROPOSAL

Filing Documents

• a2024prisdefinitiveproxyst.htm (DEF 14A) — 231KB
• gesignaturea01a14a.jpg (GRAPHIC) — 45KB
• image1a.jpg (GRAPHIC) — 67KB
• imagea.jpg (GRAPHIC) — 124KB
• kvdsiga02a.jpg (GRAPHIC) — 76KB
• piflogoa15a.jpg (GRAPHIC) — 17KB
• 0001554625-24-000051.txt ( ) — 686KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management The Fund's directors are divided into two groups - interested directors and independent directors. Interested directors are "interested persons" of the Fund, as defined in the Investment Company Act of 1940, as amended (the "1940 Act"). The following table sets forth, as of September 18, 2024, certain ownership information with respect to the Fund's common stock or preferred stock for (i) those persons who may, insofar as is known to us, directly or indirectly own, control or hold with the power to vote, 5% or more of the Fund's outstanding common stock or preferred stock, as well as for (ii) each current director, the nominees for director, the Fund's executive officers, and the executive officers and directors as a group. Unless otherwise indicated, we believe that each person set forth in the table below has sole voting and investment power with respect to all shares of the Fund's common stock or preferred stock he or she beneficially owns, if any, and has the same address as the Fund. The Fund's address is 10 East 40 th Street, 42 nd Floor, New York, New York 10016. Name and Address of Beneficial Owner (1) Number of Shares of Common Stock Beneficially Owned Percentage of Shares of Common Stock Outstanding (2) Number of Shares of Preferred Stock Beneficially Owned Percentage of Shares of Preferred Stock Outstanding (3) 5% or more holders None Interested Director M. Grier Eliasek (4) — — — — Independent Directors Andrew C. Cooper — —

View Full Filing

View this DEF 14A filing on SEC EDGAR