Royce Global Value Trust Changes Fiscal Year End
Ticker: RGT · Form: 8-K · Filed: Apr 19, 2024 · CIK: 1514490
| Field | Detail |
|---|---|
| Company | Royce Global Value Trust, Inc. (RGT) |
| Form Type | 8-K |
| Filed Date | Apr 19, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: fiscal-year-change, administrative, financial-reporting
TL;DR
Royce Global Value Trust is changing its fiscal year end to Dec 31st. New reports coming.
AI Summary
Royce Global Value Trust, Inc. filed an 8-K on April 19, 2024, reporting a change in its fiscal year end to December 31st. The filing also includes financial statements and exhibits. The earliest event reported in this filing occurred on April 15, 2024.
Why It Matters
A change in fiscal year end can impact reporting schedules and financial analysis timelines for investors. This change aligns Royce Global Value Trust with a standard calendar year-end reporting cycle.
Risk Assessment
Risk Level: low — This filing is a routine administrative update regarding the company's fiscal year end and does not indicate any significant operational or financial distress.
Key Numbers
- 1231 — Fiscal Year End (The company has changed its fiscal year end to December 31st.)
Key Players & Entities
- ROYCE GLOBAL VALUE TRUST, INC. (company) — Registrant
- April 19, 2024 (date) — Filing date
- April 15, 2024 (date) — Earliest event reported
- 1231 (date) — New Fiscal Year End
FAQ
What is the new fiscal year end for Royce Global Value Trust, Inc.?
The new fiscal year end for Royce Global Value Trust, Inc. is December 31st (1231).
When was this 8-K filing submitted?
This 8-K filing was submitted on April 19, 2024.
What is the earliest event date mentioned in the filing?
The earliest event reported in this filing is dated April 15, 2024.
What are the main items covered in this 8-K filing?
This 8-K filing covers amendments to articles of incorporation or bylaws, change in fiscal year, and financial statements and exhibits.
What is the principal executive office address for Royce Global Value Trust, Inc.?
The principal executive offices are located at 745 Fifth Avenue, New York, New York 10151.
Filing Stats: 815 words · 3 min read · ~3 pages · Grade level 11.6 · Accepted 2024-04-19 16:07:07
Filing Documents
- rgt_8k.htm (8-K) — 31KB
- rgt_ex3-1i.htm (EX-3.1(I)) — 24KB
- rgt_ex3-1ii.htm (EX-3.1(II)) — 139KB
- img001_v1.jpg (GRAPHIC) — 16KB
- img002_v1.jpg (GRAPHIC) — 5KB
- img003_v1.jpg (GRAPHIC) — 4KB
- img004_v1.jpg (GRAPHIC) — 54KB
- img005_v1.jpg (GRAPHIC) — 143KB
- 0000949377-24-000026.txt ( ) — 502KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 15, 2024 ROYCE GLOBAL VALUE TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 811-22532 27-5491330 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 745 Fifth Avenue New York, New York 10151 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (212) 508-4500 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13-4(c)) Securities registered or to be registered pursuant to Section 12(b) of the Act. Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock RGT New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On April 15, 2024, the Board of Directors (the “Board”) of Royce Global Value Trust, Inc., a registered closed-end management investment company (the “Fund”), adopted amended and restated bylaws of the Fund (the “Amended and Restated Bylaws”), effective as of April 19, 2024. Among other things, the amendments effected by the Amended and Restated Bylaws: Expressly provide for stockholder meetings by remote communication; Clarify that the Board or the President designates the chairman of all stockholder meetings, the Board and the chairman of the meeting have the power to regulate conduct at the stockholder meeting and the chairman of the meeting may adjourn the stockholder meeting for any reason or no reason; Clarify procedures relating to the use of proxies; Provide that special meetings of the Board may be called on less than 24 hours’ notice as the person or persons calling such meeting may deem necessary or appropriate in the circumstances; Provide that the record date for the purpose of determining stockholders entitled to notice of or to vote at any stockholder meeting may be fixed only by the Board; Clarify that the Circuit Court for Baltimore City, Maryland, or, if that Court does not have jurisdiction, the United States District Court for the District of Maryland, Northern Division, is the sole and exclusive forum for any action asserting a claim against the Fund or any director or officer or other employee of the Fund arising pursuant to federal law; and Make various other updates, including ministerial and conforming changes. The foregoing summary of the amendments effected by the Amended and Restated Bylaws does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amended and Restated Bylaws, which are filed as Exhibit 3.1(ii) hereto and are incorporated herein by reference. On April 16, 2024, the Fund, a Maryland corporation, filed Articles of Amendment to the Fund’s charter with the Maryland Department of Assessments of Taxation to change the name of the Fund from “Royce Global Value Trust, Inc.” to “Royce Global Trust, Inc.” Such Articles of Amendment shall become effective as of 12:01 a.m., Eastern Time, on May 1, 2024. The foregoing summary of the amendments effected by the Articles of Amendment to the Fund’s charter does not purport to be complete and is qualified in its entirety by reference to the complete text of such Articles of Amendment, which are filed as Exhibit 3.1(i) hereto and are incorporated herein by reference. Item 9.01 Financial (d) Exhibits Exhibit No. Description 3.1(i) Articles of Amendment to the Fund’s charter, effective as of May 1, 2024. 3.1(ii) Amended and Restated Bylaws of Royce Global Value Trust, Inc., effective as of April 19, 2024. SIGNATURE