Business Context and Reporting Period
This Form 8-K filing by Prospect Capital Corporation reports on the results of its Annual Meeting of Stockholders held on December 17, 2018. The report was filed on January 8, 2019.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance and voting results.
Material Changes
The primary material event reported is the successful election of two Class II directors at the Annual Meeting. No financial material changes are disclosed in this specific filing.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It details the voting results for the election of directors, noting that 364,962,666 shares were eligible to vote as of the September 18, 2018 record date.
Important Facts for Investors to Verify
- Director Election Results: M. Grier Eliasek received 204,383,524 votes "For" and 12,856,570 "Against". Andrew C. Cooper received 193,263,181 votes "For" and 24,001,579 "Against".
- Term Duration: Both elected directors serve as Class II directors until the 2021 annual meeting.
- Voting Participation: Approximately 37.7 million shares owned by affiliates were included in the eligible voting shares.
- Proposal Approval: The single proposal regarding the election of directors was approved by stockholders.