FS Investment Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (FSIC) on January 3, 2011, reporting events occurring as of December 31, 2010. The registrant is a Maryland corporation with principal executive offices in Philadelphia, Pennsylvania.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on a change in the public offering price of the company's shares.
Material Changes
- Public Offering Price Increase: FSIC increased its public offering price from $10.50 to $10.65 per share.
- Effective Date: The price increase was effective as of the January 3, 2011 semi-monthly closing.
- Applicability: The new price applies to subscriptions received between December 16, 2010, and December 31, 2010.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. It serves solely to disclose the pricing adjustment and references a press release (Exhibit 99.1) for further details.
Investor Verification Checklist
- Verify the exact subscription dates (December 16–31, 2010) to confirm eligibility for the $10.65 price point.
- Review the attached press release (Exhibit 99.1) for the rationale behind the price increase.
- Confirm the semi-monthly closing schedule to ensure the effective date aligns with investment timing.