SEC Filing Summary: Fifth Street Finance Corp. (Form 8-K)
Business Context and Reporting Period
This Form 8-K, dated March 14, 2013, reports on the 2013 Annual Meeting of Stockholders held by Fifth Street Finance Corp. (Note: The input metadata references "Oaktree Specialty Lending Corp," but the filing text explicitly identifies the registrant as Fifth Street Finance Corp.). The report details the outcomes of three proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance and voting results rather than financial performance.
Material Changes and Voting Results
As of the record date (January 18, 2013), 105,943,185 shares were eligible to vote. The following proposals were approved:
- Proposal 1 (Election of Directors): Stockholders elected Richard P. Dutkiewicz, Frank C. Meyer, and Douglas F. Ray to serve until the 2016 Annual Meeting. All three candidates received significant majority support with over 42 million votes "For" each.
- Proposal 2 (Ratification of Auditors): Stockholders ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2013. The vote was 88,130,020 "For" versus 416,867 "Against."
- Proposal 3 (Increase in Authorized Shares): Stockholders approved an amendment to the Restated Certificate of Incorporation to increase authorized common stock from 150,000,000 to 250,000,000 shares. The vote was 74,723,414 "For" versus 12,449,096 "Against."
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the tabulation of votes and the formal submission of matters to stockholders.
Key Facts for Investor Verification
- Verify the registrant name discrepancy between the metadata (Oaktree) and the filing text (Fifth Street Finance Corp.).
- Confirm the new authorized share count of 250,000,000 following the approval of Proposal 3.
- Note the term of the newly elected directors extends through the 2016 Annual Meeting.
- Review the proxy statement dated February 1, 2013, for detailed descriptions of the proposals referenced in this filing.