---
schema_version: "secwatch.filing_event.v1"
accession: "0001287750-23-000039"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:35:53.250098+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Ares Capital stockholders authorize below-NAV share issuance at special meeting

## Summary
- Proposal to issue shares below NAV up to 25% of outstanding approved with 216.5M votes for, 52.5M against.
- Excluding affiliated holders, votes were 210.3M for, 52.5M against, 8.6M abstain.
- Special meeting held August 8, 2023; 544.6M shares outstanding on record date May 24, 2023.

## SEC filing metadata
- accession: 0001287750-23-000039
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000039/0001287750-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000039/arcc-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287750-23-000039
- JSON: https://secwatch.observer/filing/0001287750-23-000039.json
- Plain text: https://secwatch.observer/filing/0001287750-23-000039.txt

## Key facts
- Shareholder Votes
  ARES CAPITAL CORP shareholders approved Authorize sale or issuance of shares below net asset value at the 2023-08-08 meeting.
  - Outcome: passed
  - Meeting: 2023-08-08
  source text: The proposal to authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to certain limitations (including, without limitation, that the number of shares issued does not exceed 25% of its then outstanding shares of common stock) was approved, based on the following votes: All stockholders: FOR AGAINST ABSTAIN 216,451,408 52,458,588 8,611,546
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000039/0001287750-23-000039-index.htm

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