Business Context and Reporting Period
This Form 8-K filing by Prospect Capital Corporation reports on the results of its Annual Meeting of Stockholders held on December 4, 2015. The report was filed on December 7, 2015.
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.
Material Changes and Voting Results
Stockholders approved the election of two Class II directors, M. Grier Eliasek and Andrew C. Cooper, who will serve until the 2018 annual meeting. The voting results were as follows:
- M. Grier Eliasek: 178,677,637 votes For; 32,758,225 votes Withheld; 0 Broker Non-Votes.
- Andrew C. Cooper: 179,946,536 votes For; 31,489,326 votes Withheld; 0 Broker Non-Votes.
As of the record date (September 10, 2015), 355,228,797 shares were eligible to vote, including 6,560,763 shares owned by affiliates.
Outlook, Risks, and Unusual Items
The Annual Meeting was adjourned to January 8, 2016, to allow additional time to solicit votes for a second proposal not detailed in this filing. No specific financial risks, contingencies, or management guidance regarding future performance were disclosed in this text.
Key Facts for Investor Verification
- Verify the details and status of the second proposal for which the meeting was adjourned to January 8, 2016.
- Confirm the total number of shares outstanding and the percentage of ownership held by affiliates as of the record date.
- Review the definitive proxy statement filed on September 10, 2015, for full details on the director nominees and the second proposal.