Current Report Filing (8-k)
June 15 2020 - 05:29PM
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 15,
2020
FS KKR
Capital Corp.
(Exact
name of Registrant as specified in its charter)
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Maryland |
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814-00757 |
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26-1630040 |
(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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201
Rouse Boulevard
Philadelphia,
Pennsylvania
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19112 |
(Address
of principal executive offices) |
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(Zip
Code) |
Registrant’s
telephone number, including area code:
(215) 495-1150
None
(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:
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☐ |
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:
Title
of each class |
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Trading
Symbol(s) |
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Name of
each exchange
on
which registered
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Common
stock |
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FSK |
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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).
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☐ |
Emerging
growth company |
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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 5.03.
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Amendments to Articles of Incorporation or Bylaws; Change in
Fiscal Year.
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FS KKR
Capital Corp. (the "Company") filed Articles of Amendment to its
Articles of Incorporation (the “Reverse Stock Split Amendment”)
with the State Department of Assessments and Taxation of the State
of Maryland to effect a 4 to 1 reverse split of the Company’s
shares of common stock (the “Reverse Stock Split”). The Reverse
Stock Split became effective in accordance with the terms of the
Reverse Stock Split Amendment on June 15, 2020. The Company also
filed a separate Articles of Amendment to Articles of Incorporation
(the “Par Value Amendment”) with the State Department of
Assessments and Taxation of the State of Maryland to provide that
there will be no change in the par value of $0.001 per share as a
result of the Reverse Stock Split.
As a
result of the Reverse Stock Split, every four shares of the
Company’s common stock issued and outstanding will be automatically
combined into one share of the Company’s common stock, and the
number of outstanding shares of the Company’s common stock will be
reduced from approximately 495 million to approximately
123.75million.
The
foregoing descriptions of the Reverse Stock Split Amendment and the
Par Value Amendment do not purport to be complete and are subject
to, and are qualified in their entirety by reference to, the full
text of the Reverse Stock Split Amendment and the Par Value
Amendment, copies of which are attached hereto as Exhibits 3.1 and
3.2, respectively, and are incorporated herein by
reference.
On June
15, 2020, the Company issued a press release, a copy of which is
attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Forward-Looking
Statements
This
Current Report on Form 8-K may contain certain forward-looking
statements, including statements with regard to future events or
the future performance or operation of the Company. Words such as
“believes,” “expects,” “projects” and “future” or similar
expressions are intended to identify forward-looking statements.
These forward-looking statements are subject to the inherent
uncertainties in predicting future results and conditions. Certain
factors could cause actual results to differ materially from those
projected in these forward-looking statements. Factors that could
cause actual results to differ materially include changes in the
economy, risks associated with possible disruption in the Company’s
operations or the economy generally due to terrorism, natural
disasters or pandemics such as COVID-19, future changes in laws or
regulations and conditions in the Company’s operating area, and the
price at which shares of common stock may trade on the New York
Stock Exchange. Some of these factors are enumerated in the filings
the Company makes with the Securities and Exchange Commission. The
Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Item 9.01. |
Financial
Statements and Exhibits. |
(d) Exhibits.
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DESCRIPTION
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3.1 |
Reverse
Stock Split Amendment. |
3.2
99.1
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Par Value
Amendment.
Press
Release, dated June 15, 2020.
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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FS
KKR Capital Corp. |
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Date:
June 15, 2020 |
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By: |
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/s/
Stephen Sypherd
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Stephen
Sypherd |
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General
Counsel |