secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2022-10-12T23:59:59+00:00
Accession:  0001287032-22-000334
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.03, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital creates new 6.50% convertible preferred series; up to 10M shares offered
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- New 6.50% Series AA2 and MM2 convertible preferred shares authorized; up to 10M shares offered via dealer manager agreement.
- Articles Supplementary reclassify 40M common shares to preferred (20M per series), reducing common shares from 1.652B to 1.612B.
- First monthly cash dividend of $0.135417 per share declared for Oct/Nov 2022, payable Dec 1, 2022, record Nov 16, 2022.
- Preferred Stock Dividend Reinvestment Plan amended to include new series and existing 6.50% A3/M3 preferred, with automatic reinvestment at $25/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000334/0001287032-22-000334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000334/psec-20221012.htm
  HTML page:      https://secwatch.observer/filing/0001287032-22-000334

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