0001287032FALSE00012870322024-06-102024-06-100001287032us-gaap:CommonStockMember2024-06-102024-06-100001287032psec:A535SeriesAFixedRateCumulativePerpetualPreferredStockMember2024-06-102024-06-10


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 10, 2024

Prospect Capital Corporation
(Exact name of registrant as specified in its charter)

Maryland814-0065943-2048643
(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:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-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 classTrading symbolName of each exchange on which registered
Common Stock, $0.001 par valuePSECNASDAQ Global Select Market
5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock, par value $0.001PSEC PRANew 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 5.07.     Submission of Matters to a Vote of Security Holders.

At 3:00 p.m. (Eastern Time) on June 10, 2024, the Company held a Special Meeting of Stockholders on the Internet by virtual means (the “Special Meeting”). At the Special Meeting, the Company’s stockholders voted on one proposal, which was approved. The proposal is described in detail in the Company’s definitive proxy statement for the Special Meeting as filed with the SEC on March 12, 2024. As of March 12, 2024, the record date, 483,211,507 shares of stock were eligible to vote, which included 110,804,198 shares owned by affiliates. The final voting results from the Special Meeting were as follows:

Proposal 1.    To renew the Company's authorization, with approval of its Board of Directors, to sell shares of its common stock (during the next 12 months) at a price or prices below the Company’s then current net asset value per share in one or more offerings subject to certain conditions as set forth in the accompanying proxy statement (including that the number of shares sold on any given date does not exceed 25% of its outstanding common stock immediately prior to such sale).

ForAgainstAbstainedBroker Non-Votes
252,548,66039,829,6127,064,409-


The vote on the above proposal, adjusted for 110,804,198 affiliated shares, was as follows:

ForAgainstAbstainedBroker Non-Votes
143,849,00139,829,6127,064,409-

1
 



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: June 10, 2024

2
 

v3.24.1.1.u2
Cover
Jun. 10, 2024
Document Information [Line Items]  
Document Type 8-K
Document Period End Date Jun. 10, 2024
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
Prospect Capital (NASDAQ:PSEC)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Prospect Capital Charts.
Prospect Capital (NASDAQ:PSEC)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Prospect Capital Charts.