other material
confidence high
sentiment neutral
materiality 0.15
Prospect Capital shareholders approve renewal of below-NAV stock sale authority
PROSPECT CAPITAL CORP
- Proposal to sell common stock below net asset value approved: For 252.5M, Against 39.8M, Abstained 7.1M.
- Affiliated shares (110.8M) excluded from non-affiliated tally; adjusted For votes 143.8M.
- Authorization valid for 12 months; daily sales capped at 25% of outstanding common stock.
- Record date of March 12, 2024 had 483.2M eligible shares.