---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-059557"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2024-07-05T23:59:59+00:00"
generated_at: "2026-05-31T23:23:19.909768+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve sale of common stock below NAV at reconvened annual meeting

## Summary
- Proposal authorized issuance of up to 25% of outstanding common stock at a price below NAV.
- Votes: 58,715,953 for, 13,484,018 against, 4,015,950 abstentions including affiliated shares.
- Excluding 5,430,919 affiliated shares: 54,244,377 for, 12,524,675 against, 4,015,950 abstentions.
- Record date April 4, 2024: ~136.3M common and 77.5K preferred shares outstanding.
- Meeting reconvened July 2, 2024; proposal approved by stockholders.

## SEC filing metadata
- accession: 0001213900-24-059557
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2024-07-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000121390024059557/0001213900-24-059557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000121390024059557/ea0208990-8k_franklin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-059557
- JSON: https://secwatch.observer/filing/0001213900-24-059557.json
- Plain text: https://secwatch.observer/filing/0001213900-24-059557.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.