Current Report Filing (8-k)
June 02 2022 - 4:07PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 2, 2022
PennantPark Investment Corporation
(Exact name of registrant as specified in its charter)
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Maryland |
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814-00736 |
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20-8250744 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification Number) |
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1691 Michigan Avenue
Miami Beach, Florida |
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33319 |
(Address of Principal Executive Offices) |
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(Zip Code) |
(212) 905-1000
(Registrants telephone number, including area code)
Not Applicable
(Former
name or former address, if changed since last report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class |
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Trading Symbol(s) |
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Name of Each Exchange on Which Registered |
Common Stock, par value $0.001 per share |
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PNNT |
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The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of
1933 (17 CFR § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 2, 2022, PennantPark Investment
Corporation (PNNT) and PennantPark Floating Rate Capital Ltd. (PFLT) announced that Richard T. Allorto, Jr. has been appointed as the Chief Financial Officer and Treasurer of each of PNNT and PFLT, effective as of
June 13, 2022. In addition to his role with each of PNNT and PFLT, Mr. Allorto has also been named a senior executive on the Finance and Operations team of PennantPark Investment Administration, LLC, the investment administrator for each
of PNNT and PFLT.
Mr. Allorto, 50, most recently served as Chief Financial Officer of Medley Management, Inc. and Chief Financial
Officer and Secretary of Sierra Income Corporation. From January 2011 to December 2020, Mr. Allorto served as Chief Financial Officer and Secretary of Medley Capital Corporation. Prior to joining Medley, Mr. Allorto held various positions
at GSC Group, Inc., a registered investment adviser, including, Chief Financial Officer of GSC Investment Corp, a business development company that was externally managed by GSC Group. Mr. Allorto began his career at Arthur Andersen in public
accounting in 1994. Mr. Allorto is a licensed CPA and received a B.S. in Accounting from Seton Hall University.
There are no
reportable family relationships or related party transactions (as defined in Item 404(a) of Regulation S-K) involving PNNT or PFLT, on the one hand, and Mr. Allorto, on the other hand.
Effective with Mr. Allortos appointment as Chief Financial Officer and Treasurer of PNNT and PFLT, Mr. Allorto will report to
Richard Cheung, who will continue to serve as Chief Financial Officer of the PennantPark Investment Advisers, LLC (the Advisor) and the other private funds advised by the Advisor. These changes were not the result of any disagreement
with PNNT or PFLT.
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Dated: June 2, 2022 |
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PENNANTPARK INVESTMENT CORPORATION |
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By: |
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/s/ Arthur Penn |
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Name: Arthur Penn |
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Title: Chief Executive Officer |
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