Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Prospect Capital Corporation on December 3, 2019. The filing was submitted on December 5, 2019. The Company is a Maryland corporation with its principal executive offices in New York, New York.
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 and voting results.
Material Changes and Voting Results
The primary event reported is the approval of one proposal at the Annual Meeting: the election of two Class III directors. As of the record date (September 9, 2019), 367,287,523 shares were eligible to vote, including 65,409,283 shares owned by affiliates.
Director Election Results
| Director Name | For | Against | Abstained | Broker Non-Votes |
|---|---|---|---|---|
| John F. Barry III | 208,590,764 | 10,328,149 | 3,704,334 | - |
| Eugene S. Stark | 188,282,459 | 30,394,257 | 3,946,531 | - |
Both directors were re-elected to serve until the 2022 annual meeting or until a successor is duly elected.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the definitive proxy statement filed on September 9, 2019, for detailed background on the director nominees.
- Confirm the tenure of the newly elected directors (John F. Barry III and Eugene S. Stark) extends through the 2022 annual meeting.
- Note the significant number of shares voted "Against" Eugene S. Stark (30,394,257) compared to John F. Barry III (10,328,149).
- Review the Company's separate financial filings (e.g., 10-K or 10-Q) for financial performance data, as this 8-K contains no financial metrics.