FS KKR Capital Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by FS KKR Capital Corp. on June 23, 2023. The record date for the meeting was April 24, 2023, with 280,066,432 shares eligible to vote. Of these, 113,033,041 shares were voted in person or by proxy.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics, as this report focuses on corporate governance and voting outcomes rather than financial performance.
Material Changes and Voting Results
- Director Elections: All four Class A director nominees were elected for three-year terms expiring in 2026. The nominees and their vote counts are:
- Michael J. Hagan: 101,085,825 votes for, 11,947,218 withheld.
- Jeffrey K. Harrow: 100,738,192 votes for, 12,294,849 withheld.
- James H. Kropp: 107,796,957 votes for, 5,236,084 withheld.
- Elizabeth J. Sandler: 108,388,536 votes for, 4,644,505 withheld.
- Share Issuance Proposal: The proposal to allow future share sales below net asset value was not approved at the initial meeting. The meeting was adjourned to solicit additional votes.
Outlook, Risks, and Unusual Items
The Company has scheduled a Reconvened Meeting for August 22, 2023, at 1:00 p.m. Eastern Time to vote on the Share Issuance Proposal. The record date remains April 24, 2023, and valid proxies from the original meeting will remain valid unless revoked. No other risks or unusual items were disclosed in this filing.
Investor Verification Checklist
- Verify the outcome of the Share Issuance Proposal at the Reconvened Meeting on August 22, 2023.
- Confirm the final composition of the Board of Directors following the election of the Class A nominees.
- Review the definitive proxy statement filed on April 27, 2023, for detailed rationale regarding the Share Issuance Proposal.