Goldman Sachs BDC, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Goldman Sachs BDC, Inc. on June 17, 2020. The filing was submitted on June 19, 2020. The company is incorporated in Delaware and its common stock trades on the New York Stock Exchange under the symbol GSBD.
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 voting results.
Material Changes and Voting Results
Stockholders voted on two proposals at the Annual Meeting. There were 40,401,637 shares of common stock outstanding entitled to vote.
- Proposal 1: Election of Class III Directors
- Ross J. Kari: Elected with 27,151,660.58 votes for and 949,514.41 votes against.
- Anne B. Lane: Elected with 27,116,569.95 votes for and 984,605.05 votes against.
- Both nominees received zero abstentions. Broker non-votes totaled 6,672,164.00 for each nominee.
- Proposal 2: Ratification of Independent Auditor
- Stockholders ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2020.
- Votes For: 34,462,218.00
- Votes Against: 231,925.00
- Abstentions: 79,196.00
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
- Confirm the tenure of the newly elected Class III directors, which extends until the 2023 annual meeting.
- Verify the appointment of PricewaterhouseCoopers LLP as the auditor for the fiscal year ending December 31, 2020.
- Note the significant number of broker non-votes (6,672,164) regarding the director elections, which did not count toward the majority vote requirement.