Business Context and Reporting Period
This Form 8-K reports on the 2018 Annual Meeting of Stockholders held by Oaktree Specialty Lending Corporation on April 6, 2018. The filing details the voting results for director elections and the ratification of the independent auditor. As of the record date (February 9, 2018), there were 140,960,651 shares of common stock outstanding and entitled to vote.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
Two proposals were voted upon by stockholders:
- Proposal 1: Election of Directors
- Marc H. Gamsin: 71,910,217 votes For; 3,499,679 votes Withheld; 37,525,555 Broker Non-Votes.
- Craig Jacobson: 73,496,708 votes For; 1,913,188 votes Withheld; 37,525,555 Broker Non-Votes.
- Both nominees were elected to serve until the 2021 annual meeting.
- Proposal 2: Ratification of Auditors
- Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2018.
- Votes For: 111,872,327
- Votes Against: 655,097
- Abstain: 408,027
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the submission of matters to a vote of security holders.
Important Facts for Investors to Verify
- Confirmation that Marc H. Gamsin and Craig Jacobson have assumed their roles on the Board of Directors.
- Verification of the engagement of Ernst & Young LLP for the fiscal year ending September 30, 2018.
- Review of the Definitive Proxy Statement on Schedule 14A (filed January 29, 2018) for detailed background on the nominees and auditor selection.