Item 8.01 Other Events
On
Based on the elections, the Dividend will be paid through the issuance of
approximately 16.3 million shares of the Company's common stock and the payment
of approximately
Summarized results of the dividend elections are as follows:
• Stockholders of approximately 13.7 million common shares elected to receive the dividend all in shares of common stock, and will receive approximately 0.110047 shares of common stock for each share held on the Record Date (with cash paid in lieu of fractional shares). • Stockholders of approximately 118.3 million common shares elected to receive the dividend all in cash and will receive approximately$0.0558 per share in cash (11.16%) and approximately 0.097765 shares of common stock (88.84%) for each share held on the Record Date (with cash paid in lieu of fractional shares). • Stockholders of approximately 33.0 million common shares made no election and will receive$0.05 per share in cash (10%) and approximately 0.099043 shares of common stock (90%) for each share held on the Record Date (with cash paid in lieu of fractional shares).
Following payment of the Dividend, the Company will have approximately 181.3 million shares of common stock outstanding.
Cautionary Notice Regarding Forward-Looking Statements
This current report on Form 8-K may include statements and information that
constitute "forward-looking statements" within the meaning of the
The forward-looking statements are based on management's beliefs, assumptions
and expectations of the Company's future performance, taking into account all
information currently available. You should not place undue reliance on these
forward-looking statements. These beliefs, assumptions and expectations can
change as a result of many possible events or factors, not all of which are
known to the Company, including, without limitation: the Company's portfolio
composition and cash balances (particularly in light of the highly volatile and
uncertain market conditions) and the timing and amount of dividends and
distributions to stockholders. Some of the other factors are described in the
Company's most recent annual report on Form 10-K and subsequent filings,
including the Company's quarterly report on Form 10-Q filed on
Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. Except as required by law, the
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Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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