Business Context and Reporting Period
This Form 8-K filing by Prospect Capital Corporation reports on the Annual Meeting of Stockholders held virtually on December 22, 2023. The filing details the submission of matters to a vote of security holders, specifically the election of a director.
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 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 a director by the preferred stockholders.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It notes that the voting proposal was described in the definitive proxy statement filed on September 20, 2023.
Important Facts for Investors to Verify
- Director Election: William J. Gremp was re-elected as a Class I director, serving until the 2026 annual meeting.
- Voting Results: The proposal received 32,427,621 votes "For," 520,039 votes "Against," and 1,760,961 "Abstained."
- Voting Eligibility: Only preferred stockholders voted on this matter; there were no matters voted on by common stockholders.
- Share Count: As of September 19, 2023, the company had 408,132,468 shares of common stock outstanding and various series of preferred stock totaling approximately 69.8 million shares.