FS KKR Capital Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by FS KKR Capital Corp. on June 21, 2024. The record date for the meeting was April 24, 2024, with 280,066,432 shares eligible to vote. A total of 114,302,308 shares were voted in person or by proxy.
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 outcomes.
Material Changes and Voting Results
Two proposals were presented to stockholders:
- Proposal No. 1 (Director Election): Stockholders elected four Class A Directors for three-year terms expiring in 2027. All nominees received significant support with no broker non-votes.
- Proposal No. 2 (Share Issuance): A proposal to allow future share sales below net asset value was not approved at the initial meeting. The meeting was adjourned to solicit additional votes.
| Director Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Brian R. Ford | 97,854,616 | 16,447,692 | 0 |
| Richard I. Goldstein | 98,101,999 | 16,200,309 | 0 |
| Osagie Imasogie | 97,867,957 | 16,434,351 | 0 |
| Daniel Pietrzak | 98,426,784 | 15,875,524 | 0 |
Outlook, Management Commentary, and Contingencies
The Company adjourned the Annual Meeting regarding the Share Issuance Proposal to permit additional time for vote solicitation. A Reconvened Meeting is scheduled for August 16, 2024, at 1:00 p.m. Eastern Time. Valid proxies submitted prior to the June 21 meeting remain valid for the reconvened session unless revoked. The record date remains April 24, 2024.
Key Facts for Investor Verification
- Verify the outcome of the Share Issuance Proposal at the reconvened meeting on August 16, 2024.
- Confirm the composition of the Board of Directors following the election of the four Class A nominees.
- Review the definitive proxy statement filed on April 26, 2024, for detailed rationale on the Share Issuance Proposal.