Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: July 30, 2012
Event Date: July 30, 2012
Context: The filing reports a corporate governance action involving an amendment to the Company's charter under Maryland General Corporation Law.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
- Authorized Share Increase: The Company amended its charter to increase the number of shares of common stock authorized for issuance from 200,000,000 to 500,000,000 in the aggregate.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or discussion of unusual items. The document is strictly a notification of the charter amendment.
Investor Verification Checklist
- Verify the effective date of the charter amendment (July 30, 2012).
- Confirm the new total authorized common stock count (500,000,000 shares).
- Review the full text of the Articles of Amendment and Restatement provided as Exhibit 3.1 for any additional provisions not summarized in the report.