$CGBD·8-K

Carlyle Secured Lending, Inc. · Jun 11, 4:07 PM ET

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Carlyle Secured Lending, Inc. 8-K

Research Summary

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Carlyle Secured Lending, Inc. Approves Below‑NAV Share Issuance

What Happened
Carlyle Secured Lending, Inc. (CGBD) filed an 8-K on June 11, 2026 reporting that at a Special Meeting of Stockholders on June 9, 2026 shareholders approved a proposal authorizing the company, with Board approval, to sell or otherwise issue shares of common stock at a price below the then-current net asset value (NAV) per share for up to 12 months following shareholder approval. The record date for the meeting was April 7, 2026.

Key Details

  • Outstanding shares as of the April 7, 2026 record date: 70,125,943.
  • Shares present or represented at the Special Meeting (quorum): 35,809,435.
  • Final vote on the proposal: For 26,328,719; Against 7,457,315; Abstain 2,023,401; Broker non-votes: none. Proposal was approved.
  • Authorization allows issuance/sale below then-current NAV for 12 months and can only be used with Board approval; subject to limitations described in the company’s proxy statement. Filing signed June 11, 2026 by Joshua Lefkowitz (Secretary & CCO).

Why It Matters
This authorization gives CGBD a tool to raise capital more quickly by issuing shares below NAV if the Board chooses to do so. For investors, such issuances can dilute existing holdings and put downward pressure on NAV per share and market price if used, although any actual impact depends on the size and timing of future issuances and the specific limits in the proxy. Retail investors should watch for future Board announcements or additional filings that disclose the terms and amounts of any below‑NAV sales.

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