Business Context and Reporting Period
This Form 8-K Current Report was filed by Apollo Investment Corporation on December 3, 2018. The report addresses corporate governance actions taken on November 30, 2018. Note: The request metadata references "Midcap Financial Investment Corp," but the filing text explicitly identifies the registrant as "Apollo Investment Corporation."
Key Financial Metrics
The filing text does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate structural change.
Material Changes
- Reverse Stock Split: The Company completed a one-for-three reverse stock split of its issued and outstanding common stock.
- Effective Date: The split took effect at 4:00 p.m. Eastern Time on November 30, 2018.
- Charter Amendment: An Articles of Amendment was filed on November 30, 2018, to authorize the reverse stock split.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document strictly reports the completion of the reverse stock split and the associated charter amendment.
Investor Verification Checklist
- Verify the post-split share count and adjusted share price on trading platforms effective November 30, 2018.
- Confirm the filing of the Articles of Amendment (Exhibit 3.1) with the State of Maryland.
- Review subsequent filings for any impact of the reverse split on dividend declarations or debt covenants.