Form 8-K

 

 

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 9, 2011 (June 9, 2011)

 

 

SOLAR CAPITAL LTD.

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   814-00754   26-1381340

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

500 Park Avenue

New York, NY 10022

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (212) 993-1670

 

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.07. Submission of Matters to a Vote of Security Holders

Solar Capital Ltd. (the “Company”) held its Annual Meeting of Stockholders on June 9, 2011 and submitted four matters to the vote of the stockholders. A summary of the matters voted upon by shareholders is set forth below.

1. Stockholders elected two nominees for directors, each to serve for a three-year term to expire at the 2014 Annual Meeting of Stockholders based on the following votes:

 

Name

   Votes For      Votes Withheld      Broker Non-Votes  

Bruce Spohler

     26,957,031         1,578,788         2,591,040   

Steven Hochberg

     27,892,537         643,282         2,591,040   

2. Stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2011 based on the following votes:

 

Votes For    Votes Against    Abstentions    Broker Non-Votes
30,815,431    252,914    58,514    —  

3. Stockholders approved a proposal to authorize the Company, with the approval of its Board of Directors, to sell shares of its common stock at a price or prices below the Company’s then current net asset value per share in one or more offerings based on the following votes:

 

     For     Against     Abstain     Broker
Non Vote
 

With Affiliates

     26,199,058        2,252,994        83,767        2,591,040   

% Outstanding

     71.88     6.18     0.23     7.11

Without Affiliates

     16,064,059        2,252,994        83,767        2,591,040   

% Outstanding

     61.05     8.56     0.32     9.85


4. Stockholders approved a proposal to issue warrants, options or rights to subscribe to, convert to, or purchase shares of the Company’s common stock in one or more offerings based on the following votes:

 

Votes For    Votes Against    Abstentions    Broker Non-Votes
16,730,940    11,706,783    98,096    2,591,040

Item 9.01 Financial Statements and Exhibits.

 

  (a) Not applicable.

 

  (b) Not applicable.

 

  (c) Not applicable.

 

  (d) Not applicable.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: June 9, 2011   SOLAR CAPITAL LTD.
  By:  

/s/ Nicholas Radesca

    Nicholas Radesca
    Chief Financial Officer