BlackRock TCP Capital Corp. Files 8-K on Shareholder Votes
Ticker: TCPC · Form: 8-K · Filed: May 28, 2024 · CIK: 1370755
| Field | Detail |
|---|---|
| Company | Blackrock Tcp Capital Corp. (TCPC) |
| Form Type | 8-K |
| Filed Date | May 28, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, shareholder-vote
Related Tickers: TCPC
TL;DR
TCPC filed an 8-K on shareholder votes from May 23rd.
AI Summary
BlackRock TCP Capital Corp. filed an 8-K on May 28, 2024, reporting on matters submitted to a vote of security holders on May 23, 2024. The filing details the company's corporate structure and historical name changes, including its former names TCP Capital Corp. and Special Value Continuation Fund, LLC.
Why It Matters
This filing provides transparency regarding corporate governance and decisions made by BlackRock TCP Capital Corp. that require shareholder approval.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- BlackRock TCP Capital Corp. (company) — Registrant
- TCP Capital Corp. (company) — Former company name
- Special Value Continuation Fund, LLC (company) — Former company name
- May 28, 2024 (date) — Filing date
- May 23, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on matters that were submitted to a vote of BlackRock TCP Capital Corp.'s security holders on May 23, 2024.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on May 28, 2024.
What were some of the previous names of BlackRock TCP Capital Corp.?
BlackRock TCP Capital Corp. was formerly known as TCP Capital Corp. and Special Value Continuation Fund, LLC.
In which state is BlackRock TCP Capital Corp. incorporated?
BlackRock TCP Capital Corp. is incorporated in Delaware.
What is the principal executive office address for BlackRock TCP Capital Corp.?
The principal executive office address for BlackRock TCP Capital Corp. is 2951 28th Street, Suite 1000, Santa Monica, California 90405.
Filing Stats: 753 words · 3 min read · ~3 pages · Grade level 10.2 · Accepted 2024-05-28 16:15:42
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value per share TCPC The NASDAQ
Filing Documents
- ef20030128_8k.htm (8-K) — 37KB
- 0001140361-24-027665.txt ( ) — 171KB
- tcpc-20240523.xsd (EX-101.SCH) — 4KB
- tcpc-20240523_lab.xml (EX-101.LAB) — 21KB
- tcpc-20240523_pre.xml (EX-101.PRE) — 16KB
- ef20030128_8k_htm.xml (XML) — 4KB
07
Item 5.07. Submission of Matters to a Vote of Security Holders. At 9:00 a.m. (Pacific Time) on May 23, 2024, BlackRock TCP Capital Corp. ("TCPC" or the "Company") convened its 2024 Annual Meeting of Stockholders via live Internet webcast (the "Meeting"). The Meeting was held for the purpose of voting on two proposals by TCPC's common stockholders. With respect to Proposal 1, TCPC's stockholders elected six directors to the Board of Directors of TCPC. Each of Eric J. Draut, Karen L. Leets, Andrea L. Petro, Maureen K. Usifer, John R. Baron and Rajneesh Vig will serve until the 2025 Annual Meeting or until his or her successor is duly elected and qualifies. The six directors were elected pursuant to the voting results set forth below. As of March 27, 2024, the record date, TCPC had 85,591,134 shares of common stock outstanding, which included 460,443 shares owned by affiliates. Name For Withheld Broker Non-Votes Eric J. Draut 36,174,948 3,745,388 0 Karen L. Leets 36,613,703 3,306,633 0 Andrea L. Petro 36,583,697 3,336,639 0 Maureen K. Usifer 37,312,109 2,608,227 0 John R. Baron 37,356,366 2,563,970 0 Rajneesh Vig 36,163,703 3,756,633 0 With respect to Proposal 2, an insufficient number of affirmative votes was received to approve Proposal 2, to authorize the Company, with approval of its Board of Directors, to sell shares of the Company's common stock (for up to the next 12 months) at a price or prices below its then current net asset value per share in one or more offerings, subject to certain limitations set forth in the annual proxy statement. The Company adjourned the meeting to reconvene on June 12, 2024 at 9:00 am, Pacific Time, by virtual webcast the details of which will be provided separately, to consider and vote on Proposal 2. No changes have been made to Proposal 2, which is described in detail in TCPC's definitive proxy statement for the Meeting as filed with the Securities and Exchange Commission on April 3, 2024. The clo
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLACKROCK TCP CAPITAL CORP. Date: May 28, 2024 By: /s/ Erik Cuellar Name: Erik Cuellar Title: Chief Financial Officer