secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001140361-23-031395
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock TCP Capital shareholders vote down proposal to sell shares below NAV
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- Proposal to renew authorization to sell common stock below NAV failed with 22.4M For, 4.5M Against, 678k Abstain.
- Adjusted vote excludes 302k affiliated shares; result remains insufficient for passage.
- Authorization would have allowed below-NAV offerings for up to 12 months subject to board approval.
- Outcome limits TCPC's equity capital-raising flexibility without further stockholder vote.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000114036123031395/0001140361-23-031395-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000114036123031395/brhc20054924_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-031395

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