---
schema_version: "secwatch.filing_event.v1"
accession: "0001712543-25-000048"
form_type: "8-K"
ticker: "EQS"
cik: "0000878932"
company_name: "EQUUS TOTAL RETURN, INC."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:51:26.422829+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Equus Total Return stockholders approve five proposals but reject issuance of shares below net asset value

## Summary
- Five director nominees elected with majority support: Fraser Atkinson, Kenneth I. Denos, Henry W. Hankinson, John A. Hardy, John J. May.
- Ratification of BDO USA as independent accountants approved with 11,420,311 votes for.
- Non-binding advisory approval of 2024 executive compensation passed with 7,373,970 votes for.
- Proposal to authorize share issuance below net asset value failed: only 40.3% of non-affiliated shares voted in favor, below required two-thirds.
- Reverse stock split authorization (ratio 2:1 to 5:1) approved with 11,434,464 votes for.

## SEC filing metadata
- accession: 0001712543-25-000048
- form_type: 8-K
- ticker: EQS
- cik: 0000878932
- company_name: EQUUS TOTAL RETURN, INC.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878932/000171254325000048/0001712543-25-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878932/000171254325000048/f8k_equus07022025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712543-25-000048
- JSON: https://secwatch.observer/filing/0001712543-25-000048.json
- Plain text: https://secwatch.observer/filing/0001712543-25-000048.txt

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