Current Report Filing (8-k)
July 15 2020 - 05:00PM
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): July 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 |
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 5.07.
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Submission
of Matters to a Vote of Security Holders.
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FS KKR
Capital Corp. (the “Company”) held its Annual Meeting of
Stockholders (the “Annual Meeting”) on June 23, 2020. On June 23,
2020, the Company adjourned the Annual Meeting with respect to the
Share Issuance Proposal (as defined below) to permit additional
time to solicit stockholder votes for such proposal. The reconvened
meeting (the “Reconvened Meeting”) was held on July 15, 2020. As of
April 20, 2020, the record date (the “Record Date”) for the
determination of stockholders entitled to notice of, and to vote
at, the Reconvened Meeting, 495,032,065 shares of common stock
were eligible to be voted in person or by proxy. As previously
announced, on June 15, 2020, the Company effected a 4 to 1 reverse
split of the Company’s shares of common stock (the “Reverse Stock
Split”). As a result of the Reverse Stock Split, every four
shares of the Company’s common stock issued and outstanding were
automatically combined into one share of the Company’s common
stock. As adjusted to give effect to the Reverse Stock Split, at
the close of business on the Record Date, there would have been
123,758,016 shares of the Company’s common stock (instead of
495,032,065),
constituting all of the outstanding voting securities of the
Company. The Reverse Stock Split did not modify the rights or
preferences of the Company’s common stock. Of the eligible shares
of common stock to be voted, 63,984,787 were voted in person or by
proxy at the Reconvened Meeting.
Stockholders were
asked to consider and act upon the following proposals, each of
which was described in the Company’s definitive proxy statement
filed with the Securities and Exchange Commission (the “SEC”) on
April 21, 2020:
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• |
Proposal No. 2 – to
approve a proposal to allow
the Company in future offerings to sell its shares below net asset
value per share in order to provide flexibility for future
sales (the “Share Issuance Proposal”). |
The Share
Issuance Proposal was approved by the Company’s stockholders at the
Reconvened Meeting. The votes for, votes against, abstentions and
broker non-votes are set below:
Votes
For |
Votes
Against |
Abstentions |
Broker
Non-Votes |
49,251,223 |
11,127,811 |
3,605,753 |
0 |
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:
July 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 |