other_material
confidence high
sentiment neutral
materiality 0.35
Shareholders elect six directors; proposal to sell shares below NAV fails, meeting adjourned to June 18
BlackRock TCP Capital Corp.
- All six director nominees elected with >36M votes each; Eric Draut received 36,634,632 for, 4,490,854 withheld.
- Proposal to authorize share sales below NAV failed to get enough affirmative votes; meeting adjourned to June 18, 2025.
- Record date remains March 26, 2025; proxies submitted in original meeting will be voted at reconvened meeting unless revoked.
- Company will continue soliciting proxies for Proposal 2 before the June 18 reconvened meeting.
item 5.07