Prospect Capital Corp Files 8-K on Security Holder Vote
Ticker: PSEC-PA · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1287032
| Field | Detail |
|---|---|
| Company | Prospect Capital Corp (PSEC-PA) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, voting, filing
Related Tickers: PSEC
TL;DR
PROSPECT CAPITAL CORP (PSEC) is holding a security holder vote, potentially impacting future decisions.
AI Summary
Prospect Capital Corporation filed an 8-K on June 10, 2024, to report the submission of matters to a vote of security holders. The filing details the company's structure and previous name changes, including its former names Prospect Energy Corp and Prospect Street Energy Corp.
Why It Matters
This filing indicates that Prospect Capital Corporation is engaging its security holders in a formal voting process, which could lead to changes in corporate governance or strategic direction.
Risk Assessment
Risk Level: low — The filing is procedural and reports on a vote of security holders, not a significant financial event or change in business operations.
Key Players & Entities
- Prospect Capital Corporation (company) — Registrant
- June 10, 2024 (date) — Date of Report
- Prospect Energy Corp (company) — Former Company Name
- Prospect Street Energy Corp (company) — Former Company Name
- 10 East 40th Street, 42nd Floor, New York, New York 10016 (address) — Principal Executive Offices
FAQ
What specific matters are being submitted for a vote of security holders?
The filing does not specify the exact matters to be voted on, only that a submission of matters to a vote of security holders is being reported.
When was Prospect Capital Corporation incorporated?
Prospect Capital Corporation was incorporated in Maryland.
What is the IRS Employer Identification Number for Prospect Capital Corporation?
The IRS Employer Identification Number for Prospect Capital Corporation is 43-2048643.
What was the previous name of Prospect Capital Corporation before Prospect Energy Corp?
Before being named Prospect Energy Corp, the company was named Prospect Street Energy Corp, with a date of name change on 20040414.
What is the fiscal year end for Prospect Capital Corporation?
The fiscal year end for Prospect Capital Corporation is June 30.
Filing Stats: 599 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-06-10 16:03:59
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value PSEC NASDAQ Global Select Mar
Filing Documents
- psec-20240610.htm (8-K) — 31KB
- 0001287032-24-000188.txt ( ) — 196KB
- psec-20240610.xsd (EX-101.SCH) — 3KB
- psec-20240610_def.xml (EX-101.DEF) — 16KB
- psec-20240610_lab.xml (EX-101.LAB) — 28KB
- psec-20240610_pre.xml (EX-101.PRE) — 16KB
- psec-20240610_htm.xml (XML) — 4KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. At 3:00 p.m. (Eastern Time) on June 10, 2024, the Company held a Special Meeting of Stockholders on the Internet by virtual means (the "Special Meeting"). At the Special Meeting, the Company's stockholders voted on one proposal, which was approved. The proposal is described in detail in the Company's definitive proxy statement for the Special Meeting as filed with the SEC on March 12, 2024. As of March 12, 2024, the record date, 483,211,507 shares of stock were eligible to vote, which included 110,804,198 shares owned by affiliates. The final voting results from the Special Meeting were as follows: Proposal 1. To renew the Company's authorization, with approval of its Board of Directors, to sell shares of its common stock (during the next 12 months) at a price or prices below the Company's then current net asset value per share in one or more offerings subject to certain conditions as set forth in the accompanying proxy statement (including that the number of shares sold on any given date does not exceed 25% of its outstanding common stock immediately prior to such sale). For Against Abstained Broker Non-Votes 252,548,660 39,829,612 7,064,409 - The vote on the above proposal, adjusted for 110,804,198 affiliated shares, was as follows: For Against Abstained Broker Non-Votes 143,849,001 39,829,612 7,064,409 - 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Prospect Capital Corporation By: /s/ M. Grier Eliasek Name: M. Grier Eliasek Title: Chief Operating Officer Date: June 10, 2024 2