secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Capital Corp (FRBP)
CIK:        0001825248
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001213900-24-059557
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825248/000121390024059557/0001213900-24-059557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825248/000121390024059557/ea0208990-8k_franklin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-059557

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