other material
confidence high
sentiment neutral
materiality 0.15
Shareholders approve proposal to sell stock below NAV at BlackRock TCP Capital
BlackRock TCP Capital Corp.
- Proposal to sell shares at prices below NAV for up to 12 months approved.
- Vote: 30,624,182 For, 11,255,683 Against, 1,517,307 Withheld, 0 broker non-votes.
- Adjusted for 460,443 affiliated shares: 30,163,739 For, 11,255,683 Against.
- Approval allows capital raising flexibility subject to board limitations.