Ready Capital Corp. Files 8-K on Security Holder Vote
Ticker: RC-PE · Form: 8-K · Filed: Jul 30, 2024 · CIK: 1527590
| Field | Detail |
|---|---|
| Company | Ready Capital Corp (RC-PE) |
| Form Type | 8-K |
| Filed Date | Jul 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
TL;DR
RC held a shareholder vote on 7/25, details to follow.
AI Summary
On July 25, 2024, Ready Capital Corp. filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing does not provide specific details on the matters voted upon or the outcome of the vote.
Why It Matters
This filing indicates that Ready Capital Corp. held a vote of its security holders, which could potentially lead to changes in corporate governance or strategic direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not contain information that immediately impacts the company's financial health or operations.
Key Players & Entities
- Ready Capital Corp. (company) — Filer of the 8-K report
- July 25, 2024 (date) — Date of the earliest event reported
- 1251 AVENUE OF THE AMERICAS (address) — Company's business and mailing address
FAQ
What specific matters were submitted for a vote by Ready Capital Corp.'s security holders on July 25, 2024?
The provided filing (8-K) does not specify the exact matters that were submitted for a vote by Ready Capital Corp.'s security holders on July 25, 2024.
What was the outcome of the vote by Ready Capital Corp.'s security holders on July 25, 2024?
The filing does not disclose the outcome of the vote by Ready Capital Corp.'s security holders on July 25, 2024.
Is there any information regarding the date of the security holder meeting or vote?
The filing states the date of the earliest event reported is July 25, 2024, which is when matters were submitted to a vote.
What is the primary business of Ready Capital Corp. according to the filing?
Ready Capital Corp. is classified under Standard Industrial Classification code 6798, which pertains to Real Estate Investment Trusts.
Has Ready Capital Corp. undergone any previous name changes?
Yes, Ready Capital Corp. was formerly known as Sutherland Asset Management Corp. (name change effective November 10, 2016) and prior to that, ZAIS Financial Corp. (name change effective August 8, 2011).
Filing Stats: 694 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-07-30 16:15:26
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share RC New York Stock
Filing Documents
- tm2420380d1_8k.htm (8-K) — 53KB
- 0001104659-24-083972.txt ( ) — 287KB
- rc-20240725.xsd (EX-101.SCH) — 4KB
- rc-20240725_def.xml (EX-101.DEF) — 27KB
- rc-20240725_lab.xml (EX-101.LAB) — 37KB
- rc-20240725_pre.xml (EX-101.PRE) — 26KB
- tm2420380d1_8k_htm.xml (XML) — 9KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On July 25, 2024, Ready Capital Corporation, a Maryland corporation (the "Company"), held its annual meeting of stockholders, solely by means of a virtual meeting conducted live over the internet (the "Annual Meeting"), to vote on the Company's proposals identified in the Company's definitive proxy statement (the "Proxy Statement") on Schedule 14A, filed with the Securities and Exchange Commission on June 14, 2024. A summary of voting results with respect to each proposal is set forth below. Proposal 1. The stockholders elected all seven director nominees to serve until the 2025 annual meeting of stockholders and until their respective successors are duly elected and qualify. The votes with respect to the election of each of the seven directors were as follows: Director Votes For Votes Withheld Broker Non- Votes Thomas E. Capasse 85,991,899 3,249,270 38,411,569 Jack J. Ross 86,400,392 2,840,777 38,411,569 Meredith Marshall 86,916,494 2,324,675 38,411,569 Dominique Mielle 79,953,069 9,288,100 38,411,569 Gilbert E. Nathan 79,843,075 9,398,094 38,411,569 J. Mitchell Reese 66,337,112 22,904,057 38,411,569 Todd M. Sinai 80,072,239 9,168,930 38,411,569 Proposal 2. The stockholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2024 fiscal year. The votes with respect to the ratification of the appointment of Deloitte & Touche LLP were as follows: Total Votes For Total Votes Against Abstentions Broker Non-Votes 126,225,459 1,034,544 392,735 0 Proposal 3. The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers, as described in the Proxy Statement. The votes with respect to such approval were as follows: Total Votes For Total Votes Against Abstentions Broker Non-Votes 74,979,133 13,083,776 1,178,260 38,411,569
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. READY CAPITAL CORPORATION Date: July 30, 2024 By: /s/ Andrew Ahlborn Name: Andrew Ahlborn Title: Chief Financial Officer