AGM/EGMMay 20, 2026, 08:52 AM
MSC Income Fund to Hold 2026 Annual Meeting; Seek Below-NAV Issuance
AI Summary
MSC Income Fund, Inc. announced its 2026 Annual Meeting of Stockholders to be held on August 5, 2026, at 9:00 AM local time. Stockholders as of the May 18, 2026 record date will vote on the election of five directors and a proposal to authorize the company to offer and sell shares below net asset value per share for the next 12 months. The Board of Directors recommends voting "FOR" all director nominees and "FOR" the below-NAV share issuance proposal.
Key Highlights
- Annual Meeting of Stockholders scheduled for August 5, 2026, at 9:00 AM local time.
- Record date for voting set as May 18, 2026, with 45,345,229 shares outstanding.
- Stockholders to vote on the election of five directors for a one-year term.
- Proposal to authorize below-NAV share issuance for 12 months, subject to limitations.
- Below-NAV issuance requires majority of outstanding voting securities and non-affiliated shares.
- Board recommends "FOR" all director nominees and "FOR" the Below-NAV Share Issuance Proposal.
- Proxy solicitation expenses include approximately $17,000 for Broadridge.
Price Impact
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