FS KKR Capital Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the Reconvened Annual Meeting of Stockholders held on December 10, 2021. The meeting was reconvened from an initial session on October 27, 2021, to allow additional time to solicit votes for a specific proposal. The record date for the meeting was August 31, 2021.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance and voting results.
Material Changes and Voting Results
Stockholders voted on Proposal No. 2, the "Share Issuance Proposal," which seeks to allow the Company to sell shares below net asset value (NAV) per share in future offerings to provide flexibility. The proposal was approved.
| Vote Category | Number of Shares |
|---|---|
| Shares For | 98,184,107 |
| Shares Against | 24,015,069 |
| Shares Abstain | 21,570,169 |
| Broker Non-Votes | 0 |
Out of 285,129,993 eligible shares, 143,769,345 shares were voted in person or by proxy.
Guidance, Outlook, and Risks
The filing does not contain management commentary on financial guidance, outlook, or specific risks beyond the context of the Share Issuance Proposal. The primary purpose of the proposal is to enable future capital raising flexibility, specifically the ability to issue shares at a discount to NAV.
Key Facts for Investor Verification
- The Share Issuance Proposal was approved, granting the Company flexibility to sell shares below NAV in future offerings.
- The vote passed with approximately 68% of the votes cast in favor (98.2 million for vs. 24.0 million against).
- There were no broker non-votes recorded for this proposal.
- The filing contains no financial performance data for the period.