CORPORATE CAPITAL TRUST, INC. (NYSE: CCT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Corporate Capital Trust, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on December 3, 2018.As of September 14, 2018, the record date for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting, 124,119,644 shares of common stock were eligible to be voted, and 115,954,197 of those shares were voted in person or by proxy at the Annual Meeting. Stockholders were asked to consider and act upon the following proposals (the “Proposals”), each of which was described in the Company’s joint proxy statement/prospectus, as amended, filed with the Securities and Exchange Commission on September 18, 2018 (the “Proxy Statement”):
| • | Proposal No. 1 – the adoption of the Agreement and Plan of Merger dated as of July 22, 2018 (the “Merger Agreement”), by and among the Company, FS Investment Corporation (“FSIC”), IC Acquisition, Inc., a wholly owned subsidiary of FSIC (“Merger Sub”), and FS/KKR Advisor, LLC (the “Advisor”) and the transactions contemplated thereby including the merger of Merger Sub with and into the Company (the “Merger”) (such proposal is referred to as the “Merger Proposal”); |
| • | Proposal No. 2 – the re-election of Laurie Simon Hodrick as a Class I director of the Company for a term expiring upon the earlier of (A)the completion of the Merger and (B)the 2021 annual meeting of stockholders and until her successor is duly elected and qualified (such proposal is referred to as the “Class I Director Election Proposal”); and |
| • | Proposal No. 3 – the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2018 (such proposal is referred to as the “Auditor Proposal”). |
The Merger Proposal was approved by the Company’s stockholders at the Annual Meeting.The votes for, votes against and abstentions are set forth below:
| Votes For | Votes Against | Abstentions |
Broker Non-Votes |
| 64,953,988 | 1,832,419 | 3,462,628 | 45,705,162 |
The Class I Director Election Proposal was also approved by the Company’s stockholders at the Annual Meeting.The votes for, votes against and abstentions are set forth below:
| Votes For | Votes Against | Abstentions |
Broker Non-Votes |
| 65,030,829 | 1,723,747 | 3,494,459 | 45,705,162 |
The Auditor Proposal was also approved by the Company’s stockholders at the Annual Meeting.The votes for, votes against and abstentions are set forth below:
| Votes For | Votes Against | Abstentions |
| 111,100,173 | 1,297,209 | 3,556,815 |
| Item 7.01. | Regulation FD Disclosure. |
On December 3, 2018, the Advisor issued a press release announcing, among other things, the voting results at the Annual Meeting and the declaration by the Board of Directors of the Company of a conditional special cash distribution. The press release is furnished herewith as Exhibit99.1.
The information in Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Forward-Looking Statements
Statements included herein may constitute “forward-looking” statements as that term is defined in Section 27A of the Securities Act, and Section 21E of the Exchange Act , as amended by the Private Securities Litigation Reform Act of 1995, including statements with regard to future events or the future performance or operations of the Company and FSIC (the “Funds”). Words such as “believes,” “expects,” “projects,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, risks associated with possible disruption to a Fund’s operations or the economy generally due to terrorism or natural disasters, future changes in laws or regulations and conditions in a Fund’s operating area, failure to consummate the business combination transaction involving the Funds, the price at which shares of the Company’s and FSIC’s common stock trade on the New York Stock Exchange, uncertainties as to the timing of the consummation of the business combination transaction involving the Funds, unexpected costs, charges or expenses resulting from the business combination transaction involving the Funds, and failure to realize the anticipated benefits of the business combination transaction involving the Funds. Some of these factors are enumerated in the filings the Funds made with the Securities and Exchange Commission (the “SEC”). The inclusion of forward-looking statements should not be regarded as a representation that any plans, estimates or expectations will be achieved. Any forward-looking statements speak only as of the date of this communication. Except as required by federal securities laws, the Funds undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.
Additional Information and Where to Find It
This communication relates to a proposed business combination involving the Funds. In connection with the proposed business combination, the Funds have filed relevant materials with the SEC, including a registration statement on Form N-14, which includes a prospectus of FSIC (the “Prospectus”). This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. STOCKHOLDERS OF THE FUNDS ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS THERETO, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, FSIC, THE BUSINESS COMBINATION TRANSACTION INVOLVING THE FUNDS.Investors and security holders will be able to obtain the documents filed with the SEC free of charge at the SEC’s web site,http://www.sec.gov, from the Company’s website atwww.corporatecapitaltrust.com and FSIC’s website atwww.fsinvestmentcorp.com.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 99.1 | Press Release, dated as of December 3, 2018 (furnished herewith) |
Corporate Capital Trust, Inc. ExhibitEX-99.1 2 ex99-1.htm PRESS RELEASE Corporate Capital Trust 8-K Exhibit 99.1 FS/KKR ANNOUNCES SHAREHOLDER APPROVAL OF MERGER OF FS INVESTMENT CORPORATION AND CORPORATE CAPITAL TRUST FS Investment Corporation to Be Renamed FS KKR Capital Corp. and Trade under Ticker Symbol FSK on NYSE PHILADELPHIA,…To view the full exhibit click here