Crescent Capital BDC, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Crescent Capital BDC, Inc. on May 11, 2021. The filing details the results of the Company's 2021 Annual Meeting of Stockholders held on the same date.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Proposal 1: Election of Directors
- Steven F. Strandberg was elected as a Class III Director for a three-year term expiring in 2024. Votes: 19,454,384 For, 146,689 Withheld, 3,037,121 Broker Non-Votes.
- Christopher G. Wright was elected as a Class III Director for a three-year term expiring in 2024. Votes: 19,527,861 For, 73,212 Withheld, 3,037,121 Broker Non-Votes.
- Proposal 2: Ratification of Independent Auditor
- Stockholders approved the selection of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021.
- Votes: 22,620,997 For, 8,854 Against, 8,343 Abstained.
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
- Confirmation of the new three-year terms for Directors Strandberg and Wright.
- Verification of the high approval rate for the ratification of Ernst & Young LLP.
- Review of the significant number of broker non-votes (over 3 million) recorded for the director elections.