Business Context and Reporting Period
This Form 8-K filing by Gladstone Capital Corporation reports on the results of the 2019 Annual Meeting of Stockholders held on February 7, 2019. The report was filed on February 11, 2019.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance and voting results.
Material Changes
No material financial changes are reported in this filing. The primary event is the completion of the annual stockholder vote.
Corporate Actions and Voting Results
Stockholders holding 25,821,026 shares of common stock and 1,557,100 shares of preferred stock were present in person or by proxy. The following matters were voted upon:
- Election of Directors: Paul W. Adelgren, David Gladstone, and John H. Outland were elected to serve until the 2022 Annual Meeting. All three candidates received significant support, with "For" votes ranging from approximately 8.2 million to 8.8 million. Broker non-votes totaled 18,005,353 for all candidates.
- Ratification of Auditors: Stockholders ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2019. The vote was 26,831,375 For, 378,398 Against, and 168,353 Abstain.
Investor Verification Checklist
- Verify the total number of shares outstanding to calculate the percentage of votes cast versus total equity.
- Confirm the tenure of the newly elected directors (Paul W. Adelgren, David Gladstone, John H. Outland) through the 2022 Annual Meeting.
- Review the upcoming 10-K or 10-Q filings for the fiscal year ending September 30, 2019, to obtain financial performance data not included in this 8-K.