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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): May 4, 2020
Crescent Capital BDC, Inc.
(Exact name of registrant as specified in its charter)
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Maryland | 47-3162282 |
(State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) |
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11100 Santa Monica Blvd., Suite 2000, Los Angeles, CA | 90025 |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (310) 235-5900
Not Applicable
(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 12(b) of the Act:
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Title of each class | Trading Symbol | Name of each exchange on which registered |
Common Stock, $0.001 par value per share | CCAP | The Nasdaq Stock Market LLC |
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, par value $0.001 per share
(Title of class)
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☒
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. ☐
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Item 5.07. | Submission of Matters to a Vote of Security Holders. |
Set forth below are descriptions of the matters voted on at the Company’s 2020 Annual Meeting of Stockholders (the “Annual Meeting”), held on Monday, May 4, 2020, and the final results of such voting:
Proposal 1 – Election of Directors
The following individuals, constituting all of the nominees named in the Company’s Proxy Statement relating to the Annual Meeting, as filed with the Securities and Exchange Commission on April 9, 2020 (the “Proxy Statement”), were elected as Directors of the Corporation. Kathleen S. Briscoe was elected as a Class I Director of the Corporation to serve for a two-year term expiring at the 2022 annual meeting of stockholders or until her successor is duly elected and qualified. Michael S. Segal and John S. Bowman were elected as Class II Directors of the Corporation who will each serve for a three-year term expiring at the 2023 annual meeting of stockholders or until their respective successor is duly elected and qualified. The following votes were taken in connection with the proposal:
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Director | For | Withheld | Broker Non-Votes |
Kathleen S. Briscoe | 21,416,444 | 329,697 | -0- |
Michael S. Segal | 21,417,958 | 328,183 | -0- |
John S. Bowman | 21,435,386 | 310,755 | -0- |
Proposal 2 – Ratify the selection of Ernst & Young LLP (“E&Y”) as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2020.
Stockholders approved a proposal to authorize Ernst & Young LLP (“E&Y”) as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2020. The following votes were taken in connection with the proposal:
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Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
21,729,759 | 3,985 | 12,397 | -0- |
Proposal 3 – Approval for the application of a minimum asset coverage ratio of 150% to the Corporation.
Stockholders approved a proposal for the application of a minimum asset coverage ratio of 150% to the Corporation. The following votes were taken in connection with the proposal:
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Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
21,318,355 | 380,836 | 46,950 | -0- |
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.
| | CRESCENT CAPITAL, BDC, INC. |
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Date: May 5, 2020 | | By: | /s/ Gerhard Lombard |
| | Name: | Gerhard Lombard |
| | Title: | Chief Financial Officer |
