Form 8-K - Current report

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): January 17, 2025

Prospect Capital Corporation

(Exact name of registrant as specified in its charter)

Maryland

814-00659

43-2048643

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of incorporation)

Identification No.)

10 East 40th Street, 42nd Floor, New York, New York 10016

(Address of principal executive offices, including zip code)

(212) 448-0702

(Registrant’s telephone number, including area code)

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:


o						Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o						Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o						Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o						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:


Title of each class	Trading symbol	Name of each exchange on which registered
Common Stock, $0.001 par value	PSEC	NASDAQ Global Select Market
5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock, par value $0.001	PSEC PRA	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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

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. o

Item 7.01. Regulation FD Disclosure.

On January 17, 2025, the Company authorized (with respect to the shares of 7.50% Series A5 Preferred Stock and 7.50% Series M5 Preferred Stock) distributions to preferred shareholders based on an annual rate equal to 7.50% of the stated value of $25 per share of the shares of 7.50% Series A5 Preferred Stock and 7.50% Series M5 Preferred Stock, from the date of issuance or, if later, from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in February or March as a result), as follows:

Monthly Cash Preferred Shareholder Distribution

Record Date

Payment Date

Monthly Amount ($ per share), before pro ration for partial periods

January 2025

1/22/2025

2/3/2025

$0.156250

February 2025

2/19/2025

3/3/2025

$0.156250

The information disclosed under this Item 7.01 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

Prospect Capital Corporation

By: /s/ M. Grier Eliasek

Name: M. Grier Eliasek

Title: Chief Operating Officer

Date: January 17, 2025

Cover	Jan. 17, 2025
Document Information [Line Items]
Document Type	8-K
Document Period End Date	Jan. 17, 2025
Entity Registrant Name	Prospect Capital Corporation
Securities Act File Number	814-00659
Entity Address, Address Line One	10 East 40th Street
Entity Tax Identification Number	43-2048643
Entity Address, Address Line Two	42nd Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10016
Local Phone Number	448-0702
City Area Code	(212)
Pre-commencement Issuer Tender Offer	false
Pre-commencement Tender Offer	false
Soliciting Material	false
Written Communications	false
Entity Emerging Growth Company	false
Entity Incorporation, State or Country Code	MD
Entity Central Index Key	0001287032
Amendment Flag	false
Common Stock
Document Information [Line Items]
Security Exchange Name	NASDAQ
Trading Symbol	PSEC
Title of 12(b) Security	Common Stock, $0.001 par value
5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
Document Information [Line Items]
Security Exchange Name	NYSE
Trading Symbol	PSEC PRA
Title of 12(b) Security	5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock, par value $0.001