UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(A) of the
Securities Exchange Act of 1934
Filed by the Registrantx
Filed by a Party other than the Registrant¨
Check the appropriate box:
| ¨ | Preliminary Proxy Statement |
| ¨ | Confidential, for Use of the Commission Only (as permitted by Rule 14a 6(e)(2)) |
| ¨ | Definitive Proxy Statement |
| x | Definitive Additional Materials |
| ¨ | Soliciting Material Pursuant to §240.14a 12 |
Business Development Corporation of America
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ¨ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
| | (1) | Title of each class of securities to which transaction applies: |
| | (2) | Aggregate number of securities to which transaction applies: |
| | (3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
| | (4) | Proposed maximum aggregate value of transaction: |
| ¨ | Fee paid previously with preliminary materials. |
| ¨ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
| | (1) | Amount Previously Paid: |
| | (2) | Form, Schedule or Registration Statement No.: |
In connection with the mailing of the definitive proxy statement of Business Development Corporation of America (the “Company”) and the solicitation of proxies with respect to the proposals set forth in the definitive proxy statement, the following telephone solicitation script was prepared for use by the Company’s Chairman, Chief Executive Officer and President with stockholders of the Company after the time of the mailing of the definitive proxy statement.
Richard Byrne Call Script for BDCA Proxy Solicitation
Hi, this is Rich Byrne. I am the CEO of Business Development Corporation of America.
I’m calling about our annual meeting that is being held on May 30th. We are asking you to vote in favor of the two proposals that are on the ballot this year. Last year you voted in favor of these proposals, and I ask that you cast your vote in favor again this year.
If you are ready to vote your shares now, you may do so by pressing one at any time during this call to be connected to a proxy specialist.
The first proposal is to approve two members of our board to serve for a term of three years.
The second proposal is to issue additional shares of stock at a price below net asset value. We are asking you to approve this proposal because we and our board believe it will provide flexibility for raising capital from institutional investors, thus enhancing BDCA’s prospects for a future favorable liquidity event.
If you have any questions about the proxy materials, you may contact the specialist at Broadridge. Broadridge is our proxy agent. Their number is 855-486-7909. You can call them for assistance.
Thank you again for your time, and we appreciate your confidence in Business Development Corporation of America.
