secwatch.observer — SEC 8-K summary
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Issuer:     FS Credit Opportunities Corp. (FSCO)
CIK:        0001568194
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001104659-23-061453
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FS Credit Opportunities reactivates distribution reinvestment plan effective May 16, 2023
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- Board unanimously reactivated Amended & Restated DRP; all distributions now reinvested in shares unless stockholder opts for cash.
- Plan was suspended for 181 days after NYSE listing on Nov 14, 2022; reactivation per plan terms via Form 8-K notice.
- New shares issued at greater of NAV or 95% of market price if price >= NAV; if below, company may buy open market or issue at NAV.
- Stockholders may elect cash by notifying plan administrator in writing at least 10 days before record date.
- No brokerage charges on newly-issued shares; Plan Administrator fees paid by company; $20 fee for voluntary share sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568194/000110465923061453/0001104659-23-061453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568194/000110465923061453/tm2315314d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-061453

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