Capital Southwest Corp Approves Charter Amendment to Increase Shares

What Happened Capital Southwest Corporation (CSWC) filed an 8-K on September 1, 2026 announcing that its shareholders approved a Certificate of Amendment to the company’s Amended and Restated Articles of Incorporation to increase authorized common stock from 75,000,000 to 135,000,000 shares. The Charter Amendment was filed with the Texas Secretary of State on September 1, 2026. The approval occurred at the Reconvened 2026 Annual Meeting of Shareholders (initial meeting held July 22, 2026 and reconvened on September 1, 2026 for this proposal).

Key Details

• Authorized common shares increased from 75,000,000 to 135,000,000.
• Shareholder vote on the Charter Amendment: For 41,613,652; Against 4,810,196; Abstentions 1,503,080.
• Record date (shares outstanding and entitled to vote): 62,140,726 (close of business, May 26, 2026).
• The company furnished a press release on September 1, 2026 announcing the approval; the 8-K is signed by Michael S. Sarner, President & CEO.

Why It Matters The amendment raises the number of shares CSWC may legally issue, giving the company flexibility to issue additional common stock in the future (for capital raising, acquisitions, or equity compensation). If the company issues new shares, that issuance would dilute existing shareholders’ percentage ownership. The 8-K documents the formal filing of the amendment and the shareholder vote that approved it.