FS Investment Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (FSIC) on March 2, 2010, reporting events occurring on February 25, 2010. The registrant is incorporated in Maryland and operates as an investment company.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses on capital distribution and offering price announcements rather than operational financial results.
Material Changes and Announcements
- Cash Distribution: FSIC declared a cash distribution payable on March 31, 2010, to shareholders of record as of February 25, 2010. The specific distribution amount per share is not stated in this filing text.
- Offering Price: The company announced a public offering price of $10.40 per share effective March 1, 2010.
- Future Guidance: FSIC issued public guidance regarding its anticipated public offering price for April 1, 2010, though the specific anticipated price is not detailed in this summary text.
Outlook, Risks, and Management Commentary
Management commentary is limited to the declaration of the distribution and the setting of offering prices. The filing references a press release (Exhibit 99.1) for the full text of these announcements. No specific risks, contingencies, or unusual items are detailed within the body of this 8-K.
Investor Verification Checklist
- Verify the exact cash distribution amount per share by reviewing the press release dated March 2, 2010 (Exhibit 99.1).
- Confirm the specific anticipated public offering price for April 1, 2010, as referenced in the guidance but not explicitly stated in this filing.
- Review the company's most recent 10-Q or 10-K for detailed financial metrics such as revenue, net income, and debt levels, as they are absent from this current report.