Business Context and Reporting Period
This Form 8-K filing by Prospect Capital Corporation (PSEC) reports on the results of its Annual Meeting of Stockholders held virtually on December 9, 2022. The report was filed on December 12, 2022.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is limited to corporate governance voting results.
Material Changes
No material financial changes are reported in this filing. The primary event is the successful election of two Class III directors to serve until the 2025 annual meeting.
Management Commentary and Voting Results
Stockholders voted on one proposal to elect directors. The voting results were as follows:
- John F. Barry III: Elected with 234,010,489 votes For, 14,574,164 Against, and 4,364,039 Abstained.
- Eugene S. Stark: Elected with 20,271,009 votes For, 329,126 Against, and 1,038,220 Abstained.
As of the record date (September 12, 2022), 394,796,549 shares of Common Stock and 40,090,898 shares of Preferred Stock were eligible to vote.
Investor Verification Checklist
- Verify the terms of office for the newly elected directors (Class III, until 2025).
- Review the definitive proxy statement filed on September 13, 2022, for detailed background on the director nominees.
- Confirm the breakdown of affiliate ownership in the voting shares (108,316,455 Common and 1,146 Preferred shares).