Business Context and Reporting Period
This Form 8-K filing by Prospect Capital Corporation (PSEC) reports on the Annual Meeting of Stockholders held virtually on December 17, 2024. The report details the submission of matters to a vote of security holders, specifically the election of directors.
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 rather than financial performance.
Material Changes
No material financial changes are reported in this filing. The primary event is the successful re-election of two Class II directors to serve until the 2027 annual meeting.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It references a definitive proxy statement filed on September 19, 2024, for details on the proposals.
Important Facts for Investors to Verify
- Director Election Results: M. Grier Eliasek and Andrew C. Cooper were re-elected as Class II directors.
- Voting Breakdown:
- M. Grier Eliasek: 257,232,737 votes For; 21,661,772 votes Against; 7,180,119 Abstained.
- Andrew C. Cooper: 255,504,967 votes For; 23,235,681 votes Against; 7,333,980 Abstained.
- Shareholder Base: As of September 18, 2024, the company had 432,925,834 shares of common stock outstanding and multiple series of preferred stock outstanding, each entitled to one vote.
- Term Length: The elected directors will serve until the 2027 annual meeting or until a successor is elected.