Fidus Investment Corp Reports 2026 Annual Meeting Results

What Happened
Fidus Investment Corporation held its 2026 annual meeting on June 24, 2026 (record date March 19, 2026) and announced the election of its Class III directors and shareholder approval to authorize sales of common stock below net asset value (NAV) under specified conditions. The meeting took place at the company’s offices in Evanston, IL.

Key Details

• Directors elected (to serve until the 2029 annual meeting):
  • Raymond Anstiss, Jr.: 16,551,832 votes FOR; 2,505,225 WITHHELD.
  • Edward H. Ross: 17,945,595 votes FOR; 1,111,459 WITHHELD.
• Share issuance below NAV approved: FOR 14,868,916; AGAINST 3,478,064; ABSTAIN 710,064.
  • Non‑affiliated stockholders voted: FOR 14,545,972; AGAINST 3,478,064; ABSTAIN 710,064.
• Approval permits the Board, subject to conditions in the proxy, to sell or issue shares below then-current NAV during the next year, with cumulative sales not to exceed 25% of outstanding common stock immediately prior to each sale.

Why It Matters
The director elections confirm board continuity through 2029, which affects oversight and strategic direction. The approved authority to sell shares below NAV gives the company a mechanism to raise capital more quickly but can dilute existing shareholders if used. The vote met the Investment Company Act thresholds, including approval by non‑affiliated holders, so the company may proceed under the stated conditions.