Business Context and Reporting Period
Kayne Anderson BDC, Inc. filed a Form 8-K reporting results of its 2022 Annual Meeting of Stockholders held on June 16, 2022. The filing was signed on June 21, 2022. As of the April 18, 2022 record date, 23,474,784 common shares were outstanding, and 18,402,960 shares were represented at the meeting, constituting a quorum.
Key Financial and Operating Metrics
This filing does not provide revenue, earnings, cash flow, margin, debt, liquidity, or other financial performance metrics.
Material Changes Versus the Prior Comparable Period
Stockholders elected Terrence J. Quinn and George E. Marucci, Jr. as directors for three-year terms ending at the 2025 Annual Meeting, subject to the election and qualification of successors.
Stockholders also ratified PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.
Guidance, Outlook, Risks, and Unusual Items
The filing contains no financial guidance, outlook, management commentary, risk disclosures, contingencies, or unusual financial items.
- Both director nominees were approved with no broker non-votes: Quinn received 18,333,490 votes for, 66,103 against, and 3,367 abstentions; Marucci received 18,325,006 for, 74,587 against, and 3,367 abstentions.
- Auditor ratification was approved unanimously: 18,402,960 votes for, with no votes against, abstentions, or broker non-votes.
Investor Verification Items
- Confirm the composition and tenure of the board following the director elections.
- Verify PricewaterhouseCoopers LLP’s appointment for the fiscal year ending December 31, 2022.
- Review the Company’s periodic financial filings for performance, leverage, liquidity, and portfolio information not included in this Form 8-K.