FS KKR Capital Corp. Form 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 22, 2022. The record date for the meeting was April 25, 2022, with 284,077,369 shares eligible to vote. Of these, 118,073,386 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. This report focuses exclusively on corporate governance and voting outcomes.
Material Changes and Voting Results
- Proposal No. 1 (Director Election): All three Class C Director nominees were elected for three-year terms expiring in 2025.
- Barbara Adams: 112,034,010 votes for; 6,039,376 votes withheld.
- Michael C. Forman: 110,281,787 votes for; 7,791,599 votes withheld.
- Jerel A. Hopkins: 104,262,849 votes for; 13,810,537 votes withheld.
- Proposal No. 2 (Share Issuance): The proposal to allow future share sales below net asset value was not approved at the June 22 meeting. The meeting was adjourned to permit additional time to solicit votes.
Outlook and Management Commentary
The Company has scheduled a Reconvened Meeting for August 3, 2022, at 1:00 p.m. Eastern Time to vote on the Share Issuance Proposal. The record date remains April 25, 2022, and valid proxies submitted prior to the Annual Meeting will remain valid for the reconvened meeting unless revoked.
Investor Verification Checklist
- Verify the outcome of the Share Issuance Proposal at the reconvened meeting on August 3, 2022.
- Confirm the final composition of the Board of Directors following the election of Class C Directors.
- Review the definitive proxy statement filed on April 27, 2022, for detailed rationale regarding the Share Issuance Proposal.