---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-088471"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2021-07-02T23:59:59+00:00"
generated_at: "2026-06-30T07:43:02.860384+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Capital issues 1.67M shares for $25M in unregistered sale; annual meeting elects directors

## Summary
- On June 29, 2021, issued 1,666,667 shares of common stock at approx. $15/share for $25M aggregate.
- Shares sold through drawdown under subscription agreements to existing accredited investors, exempt from registration.
- Annual meeting held June 30, 2021; directors Richard J. Byrne and Lee S. Hillman elected with over 1.2M votes for each.
- Ratified Ernst & Young as independent auditor for FY2021 with 1,289,641 votes for, 8,794 against.
- No guidance or financial results reported; capital raise typical for BDC structure.

## SEC filing metadata
- accession: 0001104659-21-088471
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2021-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000110465921088471/0001104659-21-088471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000110465921088471/tm2121242d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-088471
- JSON: https://secwatch.observer/filing/0001104659-21-088471.json
- Plain text: https://secwatch.observer/filing/0001104659-21-088471.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.