Capital Southwest Announces Special Meeting of Shareholders
Shareholders will soon be receiving a formal notice of the Special Meeting and a proxy statement outlining the proposals being considered for a shareholder vote. These matters are of utmost importance and relate to a proposed amendment to the Company’s Charter to increase the number of authorized shares of common stock from 40,000,000 to 75,000,000 shares. The additional authorized shares of common stock will allow the Company to continue its strong track record of growing the asset base by pursuing attractive investment opportunities consistent with the Company’s investment strategy. If the Company were unable to access the equity capital markets by issuing additional common shares, the Company’s ability to grow the balance sheet could be adversely affected.
It is important that all shares be represented at the Special Meeting. The Company has hired a proxy solicitor who may be contacting shareholders prior to the Special Meeting to assist in the voting process. Every vote is very important to the Company, regardless of the number of shares held.
Additional Information and Where to Find It
In connection with the Special Meeting the Company intends to file with the
Participants in the Solicitation
The Company and its directors, executive officers, employees and other persons may be deemed to be participants in the anticipated solicitation of proxies in connection with the Special Meeting. Information regarding the Company’s directors and executive officers is available in its definitive proxy statement for its 2023 annual meeting of shareholders filed with the
This press release contains forward-looking statements with respect to the Company’s business, including, but not limited to, the statements about the Company's future performance and financial performance, such as the Company’s ability to maintain its track record and ability to access the equity capital in the future. Forward-looking statements are statements that are not historical statements and can often be identified by words such as "will," "believe," "expect" and similar expressions and variations or negatives of these words. These statements are based on management's current expectations, assumptions and beliefs. They are not guarantees of future results and are subject to numerous risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. These risks include risks related to: changes in the markets in which the Company invests; changes in the financial, capital, and lending markets; the Company’s ability to access equity capital and the Company’s ability to manage its capital resources effectively; changes in the interest rate environment and its impact on the Company’s business and its portfolio companies; an economic downturn and its impact on the ability of our portfolio companies to operate and the investment opportunities available to us; the impact of supply chain constraints and labor shortages on our portfolio companies; and the elevated levels of inflation and its impact on our portfolio companies and the industries in which the Company invests. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company's Annual Report on Form 10-K for the year ended
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Source: Capital Southwest Corporation