other material
confidence high
sentiment neutral
materiality 0.15
OFS Capital stockholders approve below-NAV stock sales up to 25% of outstanding shares
OFS Capital Corp
- Proposal passed with 6,892,379 For, 1,237,861 Against, 241,057 Abstain.
- Affiliated shares (3,021,994) excluded: For 3,870,385, Against 1,237,861, Abstain 241,057.
- Authorization allows stock sales below NAV for 12 months, capped at 25% of outstanding before each sale.
- Approval enables potential capital raising flexibility for the BDC.