other
confidence high
sentiment neutral
materiality 0.15
Fidus stockholders elect Class III directors and approve below-NAV share issuance
FIDUS INVESTMENT Corp
- Raymond Anstiss, Jr. re-elected with 16,551,832 for, 2,505,225 withheld; Edward H. Ross with 17,945,595 for, 1,111,459 withheld.
- Proposal to sell shares below net asset value approved: 14,868,916 for, 3,478,064 against, 710,064 abstained.
- Non-affiliated stockholder vote: 14,545,972 for, 3,478,064 against, 710,064 abstained (majority of outstanding non-affiliated shares).
- Authority allows up to 25% of then-outstanding common stock to be sold below NAV per issuance, subject to board approval.