8-K
filed December 18, 2023, 6:59 PM ET
ticker NCDL
CIK 0001737924
other material
confidence high
sentiment neutral
materiality 0.15
Shareholders approve advisory agreements and below-NAV issuance
Nuveen Churchill Direct Lending Corp.
- Amended investment advisory agreement approved with 27,984,303 for, 6,167 against.
- Sub-advisory agreement with Churchill Asset Management and Nuveen Asset Management approved (27,942,913 for).
- Authorization to sell shares below NAV approved (24,275,632 for, 3,257,336 against).
- Both agreements become effective only upon an exchange listing of the company's shares.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Nuveen Churchill Direct Lending Corp. shareholders approved Proposal 2 – investment sub-advisory agreement at the 2023-12-15 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-12-15
Exact text from the filing
Proposal 2 – The investment sub-advisory agreement by and among the Adviser, Churchill Asset Management LLC and Nuveen Asset Management, LLC, acting through its leveraged finance division, to manage certain of the Company's liquid investments (the “NAM Sub-Advisory Agreement ” ) was approved by the following vote: Votes For Votes Against Votes Withheld Broker Non-Votes 27,942,913 55,358 27,853 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Nuveen Churchill Direct Lending Corp. shareholders approved Proposal 1 – amended and restated investment advisory agreement at the 2023-12-15 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-12-15
Exact text from the filing
Proposal 1 – The amended and restated investment advisory agreement (the “Amended Advisory Agreement ” ) by and between the Company and Churchill DLC Advisor LLC (the “Adviser ” ) was approved by the following vote: Votes For Votes Against Votes Withheld Broker Non-Votes 27,984,303 6,167 35,654 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Nuveen Churchill Direct Lending Corp. shareholders approved Proposal 3 – authorize the Company to sell or issue shares below net asset value per share at the 2023-12-15 meeting.
- Outcome
- passed
- Meeting
- 2023-12-15
Exact text from the filing
Proposal 3 – The proposal to authorize the Company, subject to the approval of the Company's board of directors, to sell or otherwise issue shares during the next year at a price below the Company’s then current net asset value per share, subject to certain conditions as set forth in the proxy statement, was approved by the following vote: All shareholders: Votes For Votes Against Votes Withheld Broker Non-Votes 24,275,632 3,257,336 493,156 —
View on SEC.gov
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