OHA INVESTMENT CORPORATION (NASDAQ:OHAI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.Submission of Matters to a Vote of Security Holders.
On June 5, 2018, OHA Investment Corporation, a Maryland corporation (the “Company”), concluded its Annual Meeting of Stockholders (the “Annual Meeting”).As of April 13, 2018, the record date for the Annual Meeting, 20,172,392 shares of common stock were eligible to be voted. Of the shares eligible to be voted, 19,131,449 were voted in person or by proxy. All matters voted upon at the Annual Meeting were approved with the required votes.The matters that were voted upon at the Annual Meeting, and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, as to each such matter, where applicable, are set forth below:
Proposal 1: Election of Directors
The Company’s stockholders elected two Class II director to serve a three-year term expiring at the 2021 Annual Meeting of Stockholders or until his respective successor are duly elected and qualified.The voting results were as follows:
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
Frank V. Tannura |
12,849,158 |
879,597 |
78,228 |
5,324,466 |
Alan M. Schrager |
12,739,944 |
984,297 |
82,742 |
5,324,466 |
Proposal 2: Ratification of Independent Registered Public Accounting Firm
The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018.The voting results were as follows:
Votes For |
Votes Against |
Abstentions |
18,547,020 |
543,227 |
41,202 |
About OHA INVESTMENT CORPORATION (NASDAQ:OHAI)
OHA Investment Corporation is a specialty finance company. The Company focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. The Company’s investment portfolio includes debt securities and other investments in upstream exploration and production companies engaged in the acquisition, development and production of oil and natural gas properties in and along the Gulf Coast, in the state and federal waters of the Gulf of Mexico, and in the Permian Basin, Mid-Continent and Rocky Mountain areas. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in senior and junior secured, unsecured and subordinated loans, and to debt securities or preferred stock of the United States private and public middle market companies. The Company may also invest in equity, distressed debt and other assets. The Company’s investment advisor is Oak Hill Advisors, L.P.