Corporate ActionAug 11, 2026, 04:43 PM
OFS Capital Special Stockholder Meeting Adjourned Indefinitely
AI Summary
OFS Capital Corporation's special meeting of stockholders, called to consider authorizing the sale of shares below net asset value, was repeatedly adjourned due to a lack of quorum. The meeting, initially set for June 10, 2026, could not conduct business. On August 11, 2026, the Board approved the indefinite adjournment of the meeting, and no vote was taken on the proposal.
Key Highlights
- Special meeting called April 2, 2026, to authorize issuing shares below NAV.
- Meeting initially scheduled for June 10, 2026.
- Repeatedly adjourned on June 10, July 1, and July 22, 2026, due to lack of quorum.
- Board approved indefinite adjournment on August 11, 2026.
- No vote was taken on the proposal to issue shares below NAV.
- Company ceased further solicitation of proxies for the meeting.
Price Impact
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