Saratoga Investment Corp. Holds 2024 Annual Meeting of Stockholders

Saratoga Investment Corp. (NYSE:SAR) recently conducted its 2024 Annual Meeting of Stockholders, as disclosed in a Form 8-K filing with the Securities and Exchange Commission. The meeting took place on October 23, 2024, where key decisions were made concerning the company and its leadership.

At the meeting, shareholders were presented with Proposal 1 for the Election of Directors. Shareholders voted on the election of Christian L. Oberbeck as a director of the company. Each director elected during this meeting is expected to serve until the 2027 Annual Meeting of Stockholders, or until their respective successors are duly elected and qualified.

Following the voting process, Christian L. Oberbeck was elected by the shareholders to serve until the 2027 Annual Meeting of Stockholders or until a duly elected and qualified successor is in place. The specific breakdown of votes for this election was as follows: 6,366,788 votes were cast in favor of Christian L. Oberbeck, with 890,916 votes withheld. There were no broker non-votes reported in connection with this proposal.

The Annual Meeting marks an important event for Saratoga Investment Corp., as shareholders participated in shaping the company’s leadership structure by electing new directors. The election of Christian L. Oberbeck signifies a strategic decision taken by the shareholders, ensuring leadership continuity and stability within the organization.

The details of this significant event were outlined in Saratoga Investment Corp.’s recent Form 8-K filing with the Securities and Exchange Commission. The company’s commitment to transparency and compliance with regulatory requirements is evident in its prompt reporting of key events and decisions that impact its stakeholders.

Saratoga Investment Corp., headquartered in New York, operates as a publicly traded investment company offering financial services. The company’s presence on the New York Stock Exchange positions it as a key player in the financial markets, with a focus on providing value to its shareholders through strategic investments and sound financial management.

As the company moves forward following the outcomes of the Annual Meeting, shareholders and investors will be keenly observing the impact of these decisions on Saratoga Investment Corp.’s future growth trajectory and operational performance.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Saratoga Investment’s 8K filing here.

About Saratoga Investment

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.