Ares Capital Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$ARCC
Finance: Consumer Services
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_____________________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) August 8, 2024
(Exact Name of Registrant as Specified in Charter)
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Special Meeting of Stockholders
On August 8, 2024, Ares Capital Corporation (the “Company”) held its special meeting of stockholders (the “Special Meeting”). The issued and outstanding shares of stock of the Company entitled to vote at the Special Meeting consisted of the 611,124,993 shares of common stock outstanding at the close of business on the record date, May 13, 2024. At the Special Meeting, the Company’s stockholders voted on the following proposal and the Company’s inspector of election certified the vote tabulation indicated below.
Proposal 1
The proposal to authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to certain limitations (including, without limitation, that the number of shares issued does not exceed 25% of its then outstanding shares of common stock) was approved, based on the following votes:
All stockholders:
| FOR | AGAINST | ABSTAIN | ||||||||||||
| 238,985,496 | 63,101,392 | 11,292,362 | ||||||||||||
All stockholders excluding shares held by affiliated persons:
| FOR | AGAINST | ABSTAIN | ||||||||||||
| 231,721,186 | 63,101,392 | 11,292,362 | ||||||||||||
The authorization will be effective for any such common stock issued during a twelve-month period expiring on August 8, 2025.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ARES CAPITAL CORPORATION | ||||||||
| Date: August 9, 2024 | ||||||||
| By: | /s/ SCOTT C. LEM | |||||||
| Name: | Scott C. Lem | |||||||
| Title: | Chief Financial Officer and Treasurer | |||||||