Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Investcorp Credit Management BDC, Inc. on November 6, 2019. The filing details the voting results for director elections and the adjournment of a specific proposal to solicit additional votes.
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 events and voting outcomes.
Material Changes and Voting Results
- Shareholder Participation: As of the September 17, 2019 record date, 13,625,533 shares were eligible to vote. A total of 8,881,425 shares were voted in person or by proxy.
- Proposal 1 (Election of Director): Stockholders elected Michael Mauer to a three-year term expiring in 2022.
- Votes For: 7,994,518
- Votes Withheld: 886,907
- Proposal 2 (Adjournment): The meeting was adjourned regarding Proposal No. 2 to allow additional time for vote solicitation. The reconvened meeting is scheduled for December 5, 2019, at 2:00 p.m. Eastern Time. The record date remains September 17, 2019.
Guidance, Outlook, and Risks
The filing does not contain management commentary on financial guidance, outlook, or specific business risks. The primary contingency noted is the rescheduling of the vote on Proposal No. 2 to December 5, 2019.
Key Facts for Investor Verification
- Verify the final outcome of Proposal No. 2 at the reconvened meeting on December 5, 2019.
- Confirm the details of Proposal No. 2 by reviewing the Proxy Statement dated October 9, 2019, as referenced in the filing.
- Note that Michael Mauer has been elected as a director for a term ending in 2022.