Business Context and Reporting Period
This Form 8-K filing by Oaktree Specialty Lending Corp (OCSL) reports on a special meeting of stockholders held on March 17, 2023. The report was filed on March 20, 2023. The company is incorporated in Delaware and its common stock trades on The Nasdaq Stock Market LLC.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance and voting results.
Material Changes and Voting Results
Stockholders voted on a proposal to authorize the issuance of common stock at a price below the then-current net asset value (NAV) per share, subject to Board approval and a limit of 25% of outstanding shares. As of the record date (January 19, 2023), 183,658,887 shares were outstanding.
Voting Results for Proposal 1
| Category | Votes For | Votes Against | Abstain |
|---|---|---|---|
| With Affiliates | 82,982,728 | 19,835,168 | 1,550,474 |
| Without Affiliates | 66,095,840 | 19,835,168 | 1,550,474 |
The proposal was approved by the stockholders.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, outlook, or specific risk factors beyond the context of the voting proposal. No unusual items or contingencies were disclosed in this report.
Key Facts for Investor Verification
- Stockholders approved the authority to issue shares below NAV, capped at 25% of outstanding shares.
- The proposal passed with significant support from both affiliate and non-affiliate shareholders.
- No financial performance data (revenue, earnings, cash flow) is included in this specific filing.
- The record date for the vote was January 19, 2023.