secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001717547-23-000066
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

BrightSpire Capital shareholders reject proposal to eliminate supermajority voting requirement
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- All six director nominees elected; advisory say-on-pay approved; Ernst & Young ratified as auditor for FY2023.
- Charter amendment to eliminate supermajority voting failed with ~58% 'for', below required two-thirds.
- Proposal would have allowed majority vote for charter amendments; needed 66.7% approval; 25.6M broker non-votes.
- Approximately 75M shares voted 'for' the amendment, 926K against, 519K abstentions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754723000066/0001717547-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754723000066/brsp-20230516.htm
  HTML page:      https://secwatch.observer/filing/0001717547-23-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer