[DEFA14A] Ares Capital Corporation Additional Proxy Soliciting Materials
Color Star Technology Co., Ltd. (NASDAQ: ADD) reported the results of its 29 June 2025 Annual General Meeting in a Form 6-K filing. Holders of 17,083,723 ordinary shares, representing 57.9 % of outstanding shares, formed a quorum and approved every agenda item.
Key resolutions:
- Reverse Share Split & Share Consolidation: Board may implement a reverse split at a ratio between 1-for-5 and 1-for-100. This reduces the share count and raises the par value while keeping authorised capital at US$32 million. Vote: 99.0 % in favour (16.92 m For / 0.16 m Against).
- Corporate Rebrand: Company name will change to Zeta Network Group. Vote: 99.3 % in favour (16.97 m For).
- Articles Amendment: Adoption of a Seventh Amended & Restated Memorandum and Articles to reflect the share consolidation and name change (99.3 % support).
- 2025 Equity Incentive Plan: Authorises new share-based awards; passed with 99.1 % support.
- Board Elections: Five directors (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) re-elected with ~99.2 % approval each.
- Auditor Ratification: Assentsure PAC retained for FY 2025 (99.5 % approval).
- Routine filings and adjournment authorities also approved.
Implications for investors: The reverse split authority provides flexibility to lift a depressed share price or meet exchange listing requirements, but may compress existing shareholdings depending on the final ratio chosen. The equity plan could introduce dilution over time, while the rebrand signals a strategic repositioning. No financial performance metrics were disclosed in this filing.
Color Star Technology Co., Ltd. (NASDAQ: ADD) ha comunicato i risultati della sua Assemblea Generale Annuale del 29 giugno 2025 tramite un deposito Form 6-K. I detentori di 17.083.723 azioni ordinarie, pari al 57,9% delle azioni in circolazione, hanno costituito il quorum e approvato tutti i punti all'ordine del giorno.
Risoluzioni principali:
- Frazionamento inverso e consolidamento azionario: Il Consiglio potr脿 attuare un frazionamento inverso con un rapporto compreso tra 1-per-5 e 1-per-100. Ci貌 riduce il numero di azioni e aumenta il valore nominale mantenendo il capitale autorizzato a 32 milioni di dollari USA. Voto: 99,0% favorevole (16,92 mln favore / 0,16 mln contrari).
- Rinnovamento del marchio aziendale: Il nome della societ脿 cambier脿 in Zeta Network Group. Voto: 99,3% favorevole (16,97 mln favore).
- Modifica dello statuto: Adozione di un Settimo Memorandum e Statuto modificato e riformulato per riflettere il consolidamento azionario e il cambio di nome (99,3% di supporto).
- Piano di incentivi azionari 2025: Autorizzazione a nuovi premi basati su azioni; approvato con il 99,1% di supporto.
- Elecci贸n del Consejo: Rielezione di cinque amministratori (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) con un'approvazione di circa il 99,2% ciascuno.
- Ratifica del revisore: Confermato Assentsure PAC per l'anno fiscale 2025 (99,5% di approvazione).
- Approvate anche le autorizzazioni per le pratiche ordinarie e la sospensione della riunione.
Implicazioni per gli investitori: L'autorit脿 sul frazionamento inverso offre flessibilit脿 per aumentare un prezzo azionario depresso o soddisfare i requisiti di quotazione, ma potrebbe comprimere le partecipazioni esistenti a seconda del rapporto finale scelto. Il piano azionario potrebbe causare diluizione nel tempo, mentre il rebranding indica un riposizionamento strategico. Non sono stati divulgati dati sulle performance finanziarie in questo deposito.
Color Star Technology Co., Ltd. (NASDAQ: ADD) inform贸 los resultados de su Junta General Anual del 29 de junio de 2025 en una presentaci贸n Form 6-K. Los titulares de 17,083,723 acciones ordinarias, que representan el 57.9% de las acciones en circulaci贸n, constituyeron qu贸rum y aprobaron todos los puntos del orden del d铆a.
Resoluciones clave:
- Consolidaci贸n y divisi贸n inversa de acciones: La Junta puede implementar una divisi贸n inversa con una proporci贸n entre 1 por 5 y 1 por 100. Esto reduce el n煤mero de acciones y aumenta el valor nominal manteniendo el capital autorizado en 32 millones de d贸lares estadounidenses. Votaci贸n: 99.0% a favor (16.92 millones a favor / 0.16 millones en contra).
- Rebranding corporativo: El nombre de la empresa cambiar谩 a Zeta Network Group. Votaci贸n: 99.3% a favor (16.97 millones a favor).
- Enmienda de los estatutos: Adopci贸n de un S茅ptimo Memorando y Estatutos modificados y reformulados para reflejar la consolidaci贸n de acciones y el cambio de nombre (99.3% de apoyo).
- Plan de incentivos de acciones 2025: Autoriza nuevos premios basados en acciones; aprobado con 99.1% de apoyo.
- Elecciones de la Junta: Cinco directores (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) reelegidos con aproximadamente 99.2% de aprobaci贸n cada uno.
- Ratificaci贸n del auditor: Assentsure PAC retenido para el a帽o fiscal 2025 (99.5% de aprobaci贸n).
- Tambi茅n se aprobaron presentaciones rutinarias y autoridades de aplazamiento.
Implicaciones para los inversores: La autoridad para la divisi贸n inversa proporciona flexibilidad para elevar un precio de acci贸n deprimido o cumplir con los requisitos de cotizaci贸n, pero podr铆a comprimir las participaciones existentes seg煤n la proporci贸n final elegida. El plan de acciones podr铆a introducir diluci贸n con el tiempo, mientras que el rebranding se帽ala un reposicionamiento estrat茅gico. No se divulgaron m茅tricas de desempe帽o financiero en esta presentaci贸n.
Color Star Technology Co., Ltd. (NASDAQ: ADD)電� 2025雲� 6鞗� 29鞚� 鞐半 欤检＜齑濏殞 瓴瓣臣毳� Form 6-K 鞝滌稖鞚� 韱淀暣 氤搓碃頄堨姷雼堧嫟. 齑� 17,083,723欤检潣 氤错喌欤� 氤挫湢鞛愲摛鞚� 彀胳劃頃橃棳 鞝勳泊 氚滍枆 欤检嫕鞚� 57.9%鞐� 頃措嫻頃橂姅 鞚橁舶甓岇潉 頄夓偓頃橃榾鞙茧┌ 氇摖 鞎堦贝鞚� 鞀轨澑頄堨姷雼堧嫟.
欤检殧 瓴办潣 靷暛:
- 鞐硲頃� 氚� 欤检嫕 韱淀暕: 鞚挫偓須岆姅 1雽� 5鞐愳劀 1雽� 100 靷澊鞚� 牍勳湪搿� 鞐硲頃╈潉 鞁滍枆頃� 靾� 鞛堨姷雼堧嫟. 鞚措姅 欤检嫕 靾橂ゼ 欷勳澊瓿� 鞎‰┐臧�毳� 雴掛澊氅挫劀霃� 鞀轨澑 鞛愲掣旮堨潃 氙疙檾 3,200毵� 雼煬搿� 鞙犾頃╇媹雼�. 韴憸 瓴瓣臣: 彀劚 99.0% (1,692毵� 彀劚 / 16毵� 氚橂寑).
- 旮办梾 毽笇霝滊敥: 須岇偓 氇呾弓鞚� Zeta Network Group鞙茧 氤�瓴巾暕雼堧嫟. 韴憸 瓴瓣臣: 彀劚 99.3% (1,697毵� 彀劚).
- 鞝曣磤 臧滌爼: 欤检嫕 韱淀暕瓿� 靷獏 氤�瓴届潉 氚橃榿頃� 鞚缄潮 氩堨Ц 靾橃爼 氚� 鞛瀾靹彪悳 鞝曣磤 毂勴儩 (彀劚 99.3%).
- 2025雲� 欤检嫕 鞚胳劶韹半笇 瓿勴殟: 靸堧鞖� 欤检嫕 旮半皹 氤挫儊 鞀轨澑; 彀劚 99.1%搿� 韱店臣.
- 鞚挫偓須� 靹犾瀯: 雼れ劘 氇呾潣 鞚挫偓(Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang)臧� 臧侁皝 鞎� 99.2%鞚� 彀劚鞙茧 鞛劆鞛�.
- 臧愳偓鞚� 鞀轨澑: Assentsure PAC臧� 2025 須岅硠鞐半弰 臧愳偓鞚胳溂搿� 鞙犾 (彀劚 99.5%).
- 鞚检儊鞝侅澑 鞝滌稖 氚� 須岇潣 鞐瓣赴 甓岉暅霃� 鞀轨澑霅�.
韴瀽鞛愳棎瓴� 氙胳箻電� 鞓來枼: 鞐硲頃� 甓岉暅鞚� 欤缄皜 頃橂澖鞚� 臧滌劆頃橁卑雮� 瓯半灅靻� 靸侅灔 鞖旉贝鞚� 於╈”頃� 靾� 鞛堧姅 鞙犾棸靹膘潉 鞝滉车頃橃毵�, 斓滌 牍勳湪鞐� 霐半澕 旮办〈 欤检＜ 歆�攵勳澊 頋劃霅� 靾� 鞛堨姷雼堧嫟. 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞚� 鞁滉皠鞚� 歆�雮棎 霐半澕 頋劃鞚� 齑堧灅頃� 靾� 鞛堨溂氅�, 毽笇霝滊敥鞚� 鞝勲灥鞝� 鞛彫歆�靺旊嫕鞚� 鞚橂頃╇媹雼�. 鞚措矆 鞝滌稖靹滌棎電� 鞛 靹标臣 歆�響滊姅 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Color Star Technology Co., Ltd. (NASDAQ : ADD) a communiqu茅 les r茅sultats de son Assembl茅e G茅n茅rale Annuelle du 29 juin 2025 dans un d茅p么t Form 6-K. Les d茅tenteurs de 17 083 723 actions ordinaires, repr茅sentant 57,9 % des actions en circulation, ont constitu茅 le quorum et approuv茅 tous les points 脿 l鈥檕rdre du jour.
R茅solutions cl茅s :
- Regroupement invers茅 et consolidation des actions : Le conseil d鈥檃dministration peut mettre en 艙uvre un regroupement invers茅 脿 un ratio compris entre 1 pour 5 et 1 pour 100. Cela r茅duit le nombre d鈥檃ctions et augmente la valeur nominale tout en maintenant le capital autoris茅 脿 32 millions de dollars US. Vote : 99,0 % pour (16,92 M en faveur / 0,16 M contre).
- Rebranding de l鈥檈ntreprise : Le nom de la soci茅t茅 sera chang茅 en Zeta Network Group. Vote : 99,3 % pour (16,97 M en faveur).
- Modification des statuts : Adoption d鈥檜n septi猫me m茅morandum et statuts amend茅s et reformul茅s pour refl茅ter la consolidation des actions et le changement de nom (99,3 % de soutien).
- Plan d鈥檌ncitation en actions 2025 : Autorise de nouvelles r茅compenses bas茅es sur des actions ; adopt茅 avec 99,1 % de soutien.
- 脡lections du conseil d鈥檃dministration : Cinq administrateurs (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) r茅茅lus avec environ 99,2 % d鈥檃pprobation chacun.
- Ratification de l鈥檃uditeur : Assentsure PAC conserv茅 pour l鈥檈xercice 2025 (99,5 % d鈥檃pprobation).
- Les d茅p么ts de routine et les pouvoirs de report ont 茅galement 茅t茅 approuv茅s.
Implications pour les investisseurs : L鈥檃utorisation de regroupement invers茅 offre une flexibilit茅 pour relever un cours de l鈥檃ction d茅prim茅 ou r茅pondre aux exigences de cotation, mais peut comprimer les participations existantes selon le ratio final choisi. Le plan d鈥檃ctions pourrait entra卯ner une dilution 脿 long terme, tandis que le rebranding indique un repositionnement strat茅gique. Aucun indicateur de performance financi猫re n鈥檃 茅t茅 divulgu茅 dans ce d茅p么t.
Color Star Technology Co., Ltd. (NASDAQ: ADD) meldete die Ergebnisse seiner Hauptversammlung am 29. Juni 2025 in einer Form 6-K-Einreichung. Inhaber von 17.083.723 Stammaktien, was 57,9 % der ausstehenden Aktien entspricht, bildeten ein Quorum und stimmten allen Tagesordnungspunkten zu.
Wichtige Beschl眉sse:
- Aktienzusammenlegung und Reverse Split: Der Vorstand kann eine Aktienzusammenlegung im Verh盲ltnis zwischen 1:5 und 1:100 durchf眉hren. Dies reduziert die Anzahl der Aktien und erh枚ht den Nennwert, w盲hrend das genehmigte Kapital bei 32 Millionen US-Dollar bleibt. Abstimmung: 99,0 % daf眉r (16,92 Mio. daf眉r / 0,16 Mio. dagegen).
- Unternehmensrebranding: Der Firmenname wird in Zeta Network Group ge盲ndert. Abstimmung: 99,3 % daf眉r (16,97 Mio. daf眉r).
- 厂补迟锄耻苍驳蝉盲苍诲别谤耻苍驳: Annahme einer siebten ge盲nderten und neu gefassten Satzung, um die Aktienzusammenlegung und Namens盲nderung widerzuspiegeln (99,3 % Zustimmung).
- Aktienanreizplan 2025: Genehmigung neuer aktienbasierter Verg眉tungen; mit 99,1 % Zustimmung verabschiedet.
- Vorstandsneuwahlen: F眉nf Direktoren (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) mit etwa 99,2 % Zustimmung wiedergew盲hlt.
- Wahl des Abschlusspr眉fers: Assentsure PAC f眉r das Gesch盲ftsjahr 2025 best盲tigt (99,5 % Zustimmung).
- Routineanmeldungen und Vertagungsbefugnisse ebenfalls genehmigt.
Auswirkungen f眉r Investoren: Die Befugnis zum Reverse Split bietet Flexibilit盲t, einen gedr眉ckten Aktienkurs zu erh枚hen oder B枚rsennotierungsanforderungen zu erf眉llen, kann aber je nach endg眉ltigem Verh盲ltnis bestehende Beteiligungen zusammenpressen. Der Aktienplan k枚nnte im Laufe der Zeit zu Verw盲sserungen f眉hren, w盲hrend das Rebranding auf eine strategische Neuausrichtung hinweist. Finanzielle Leistungskennzahlen wurden in dieser Einreichung nicht offengelegt.
- Shareholder approvals across all 12 proposals provide the board with clear mandate and reduce execution risk.
- Potential bid-price compliance through authorised reverse split could help maintain NASDAQ listing.
- Rebranding to Zeta Network Group may refresh market perception and align with strategic repositioning.
- Broad 1-for-100 reverse split authority introduces uncertainty and potential value compression for existing shareholders.
- 2025 Equity Incentive Plan adds future dilution risk, particularly after the share consolidation.
Insights
TL;DR Governance items passed; reverse split enables compliance but raises dilution risk鈥攐verall neutral to slightly cautious impact.
The reverse split authority is the most material resolution. It gives the board a broad 1-for-5 to 1-for-100 range, suggesting a potentially very low current trading price and possible NASDAQ delisting pressure. While a consolidation can restore bid price compliance, it does not add intrinsic value and historically leads to negative post-split returns if not paired with operational improvement. The 2025 Equity Incentive Plan further increases potential dilution once the split is effected. On the positive side, all items passed with overwhelming support, indicating shareholder alignment, and the rebranding could facilitate marketing around new business lines. Absent earnings data, cash metrics, or strategic detail, the filing is largely procedural. I view the net impact as neutral, with a watch flag on execution of the split ratio.
TL;DR Strong shareholder support reflects governance stability; broad split authority requires vigilant oversight.
From a governance perspective, achieving nearly 99 % approval across all items shows effective engagement and absence of organised dissent. Amendments to the Memorandum and Articles are routine when undertaking a share consolidation and name change, and the company has secured authorisation for requisite Cayman filings, minimising procedural risk. However, granting a 1-for-100 cap without preset conditions concentrates significant power in the board鈥檚 hands. Best practice would involve clearer triggers or a narrower range to protect minority holders. The refreshed board composition and continued appointment of Assentsure PAC provide continuity. Overall impact is neutral but merits monitoring the board鈥檚 timing and communication around the eventual split execution.
Color Star Technology Co., Ltd. (NASDAQ: ADD) ha comunicato i risultati della sua Assemblea Generale Annuale del 29 giugno 2025 tramite un deposito Form 6-K. I detentori di 17.083.723 azioni ordinarie, pari al 57,9% delle azioni in circolazione, hanno costituito il quorum e approvato tutti i punti all'ordine del giorno.
Risoluzioni principali:
- Frazionamento inverso e consolidamento azionario: Il Consiglio potr脿 attuare un frazionamento inverso con un rapporto compreso tra 1-per-5 e 1-per-100. Ci貌 riduce il numero di azioni e aumenta il valore nominale mantenendo il capitale autorizzato a 32 milioni di dollari USA. Voto: 99,0% favorevole (16,92 mln favore / 0,16 mln contrari).
- Rinnovamento del marchio aziendale: Il nome della societ脿 cambier脿 in Zeta Network Group. Voto: 99,3% favorevole (16,97 mln favore).
- Modifica dello statuto: Adozione di un Settimo Memorandum e Statuto modificato e riformulato per riflettere il consolidamento azionario e il cambio di nome (99,3% di supporto).
- Piano di incentivi azionari 2025: Autorizzazione a nuovi premi basati su azioni; approvato con il 99,1% di supporto.
- Elecci贸n del Consejo: Rielezione di cinque amministratori (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) con un'approvazione di circa il 99,2% ciascuno.
- Ratifica del revisore: Confermato Assentsure PAC per l'anno fiscale 2025 (99,5% di approvazione).
- Approvate anche le autorizzazioni per le pratiche ordinarie e la sospensione della riunione.
Implicazioni per gli investitori: L'autorit脿 sul frazionamento inverso offre flessibilit脿 per aumentare un prezzo azionario depresso o soddisfare i requisiti di quotazione, ma potrebbe comprimere le partecipazioni esistenti a seconda del rapporto finale scelto. Il piano azionario potrebbe causare diluizione nel tempo, mentre il rebranding indica un riposizionamento strategico. Non sono stati divulgati dati sulle performance finanziarie in questo deposito.
Color Star Technology Co., Ltd. (NASDAQ: ADD) inform贸 los resultados de su Junta General Anual del 29 de junio de 2025 en una presentaci贸n Form 6-K. Los titulares de 17,083,723 acciones ordinarias, que representan el 57.9% de las acciones en circulaci贸n, constituyeron qu贸rum y aprobaron todos los puntos del orden del d铆a.
Resoluciones clave:
- Consolidaci贸n y divisi贸n inversa de acciones: La Junta puede implementar una divisi贸n inversa con una proporci贸n entre 1 por 5 y 1 por 100. Esto reduce el n煤mero de acciones y aumenta el valor nominal manteniendo el capital autorizado en 32 millones de d贸lares estadounidenses. Votaci贸n: 99.0% a favor (16.92 millones a favor / 0.16 millones en contra).
- Rebranding corporativo: El nombre de la empresa cambiar谩 a Zeta Network Group. Votaci贸n: 99.3% a favor (16.97 millones a favor).
- Enmienda de los estatutos: Adopci贸n de un S茅ptimo Memorando y Estatutos modificados y reformulados para reflejar la consolidaci贸n de acciones y el cambio de nombre (99.3% de apoyo).
- Plan de incentivos de acciones 2025: Autoriza nuevos premios basados en acciones; aprobado con 99.1% de apoyo.
- Elecciones de la Junta: Cinco directores (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) reelegidos con aproximadamente 99.2% de aprobaci贸n cada uno.
- Ratificaci贸n del auditor: Assentsure PAC retenido para el a帽o fiscal 2025 (99.5% de aprobaci贸n).
- Tambi茅n se aprobaron presentaciones rutinarias y autoridades de aplazamiento.
Implicaciones para los inversores: La autoridad para la divisi贸n inversa proporciona flexibilidad para elevar un precio de acci贸n deprimido o cumplir con los requisitos de cotizaci贸n, pero podr铆a comprimir las participaciones existentes seg煤n la proporci贸n final elegida. El plan de acciones podr铆a introducir diluci贸n con el tiempo, mientras que el rebranding se帽ala un reposicionamiento estrat茅gico. No se divulgaron m茅tricas de desempe帽o financiero en esta presentaci贸n.
Color Star Technology Co., Ltd. (NASDAQ: ADD)電� 2025雲� 6鞗� 29鞚� 鞐半 欤检＜齑濏殞 瓴瓣臣毳� Form 6-K 鞝滌稖鞚� 韱淀暣 氤搓碃頄堨姷雼堧嫟. 齑� 17,083,723欤检潣 氤错喌欤� 氤挫湢鞛愲摛鞚� 彀胳劃頃橃棳 鞝勳泊 氚滍枆 欤检嫕鞚� 57.9%鞐� 頃措嫻頃橂姅 鞚橁舶甓岇潉 頄夓偓頃橃榾鞙茧┌ 氇摖 鞎堦贝鞚� 鞀轨澑頄堨姷雼堧嫟.
欤检殧 瓴办潣 靷暛:
- 鞐硲頃� 氚� 欤检嫕 韱淀暕: 鞚挫偓須岆姅 1雽� 5鞐愳劀 1雽� 100 靷澊鞚� 牍勳湪搿� 鞐硲頃╈潉 鞁滍枆頃� 靾� 鞛堨姷雼堧嫟. 鞚措姅 欤检嫕 靾橂ゼ 欷勳澊瓿� 鞎‰┐臧�毳� 雴掛澊氅挫劀霃� 鞀轨澑 鞛愲掣旮堨潃 氙疙檾 3,200毵� 雼煬搿� 鞙犾頃╇媹雼�. 韴憸 瓴瓣臣: 彀劚 99.0% (1,692毵� 彀劚 / 16毵� 氚橂寑).
- 旮办梾 毽笇霝滊敥: 須岇偓 氇呾弓鞚� Zeta Network Group鞙茧 氤�瓴巾暕雼堧嫟. 韴憸 瓴瓣臣: 彀劚 99.3% (1,697毵� 彀劚).
- 鞝曣磤 臧滌爼: 欤检嫕 韱淀暕瓿� 靷獏 氤�瓴届潉 氚橃榿頃� 鞚缄潮 氩堨Ц 靾橃爼 氚� 鞛瀾靹彪悳 鞝曣磤 毂勴儩 (彀劚 99.3%).
- 2025雲� 欤检嫕 鞚胳劶韹半笇 瓿勴殟: 靸堧鞖� 欤检嫕 旮半皹 氤挫儊 鞀轨澑; 彀劚 99.1%搿� 韱店臣.
- 鞚挫偓須� 靹犾瀯: 雼れ劘 氇呾潣 鞚挫偓(Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang)臧� 臧侁皝 鞎� 99.2%鞚� 彀劚鞙茧 鞛劆鞛�.
- 臧愳偓鞚� 鞀轨澑: Assentsure PAC臧� 2025 須岅硠鞐半弰 臧愳偓鞚胳溂搿� 鞙犾 (彀劚 99.5%).
- 鞚检儊鞝侅澑 鞝滌稖 氚� 須岇潣 鞐瓣赴 甓岉暅霃� 鞀轨澑霅�.
韴瀽鞛愳棎瓴� 氙胳箻電� 鞓來枼: 鞐硲頃� 甓岉暅鞚� 欤缄皜 頃橂澖鞚� 臧滌劆頃橁卑雮� 瓯半灅靻� 靸侅灔 鞖旉贝鞚� 於╈”頃� 靾� 鞛堧姅 鞙犾棸靹膘潉 鞝滉车頃橃毵�, 斓滌 牍勳湪鞐� 霐半澕 旮办〈 欤检＜ 歆�攵勳澊 頋劃霅� 靾� 鞛堨姷雼堧嫟. 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞚� 鞁滉皠鞚� 歆�雮棎 霐半澕 頋劃鞚� 齑堧灅頃� 靾� 鞛堨溂氅�, 毽笇霝滊敥鞚� 鞝勲灥鞝� 鞛彫歆�靺旊嫕鞚� 鞚橂頃╇媹雼�. 鞚措矆 鞝滌稖靹滌棎電� 鞛 靹标臣 歆�響滊姅 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Color Star Technology Co., Ltd. (NASDAQ : ADD) a communiqu茅 les r茅sultats de son Assembl茅e G茅n茅rale Annuelle du 29 juin 2025 dans un d茅p么t Form 6-K. Les d茅tenteurs de 17 083 723 actions ordinaires, repr茅sentant 57,9 % des actions en circulation, ont constitu茅 le quorum et approuv茅 tous les points 脿 l鈥檕rdre du jour.
R茅solutions cl茅s :
- Regroupement invers茅 et consolidation des actions : Le conseil d鈥檃dministration peut mettre en 艙uvre un regroupement invers茅 脿 un ratio compris entre 1 pour 5 et 1 pour 100. Cela r茅duit le nombre d鈥檃ctions et augmente la valeur nominale tout en maintenant le capital autoris茅 脿 32 millions de dollars US. Vote : 99,0 % pour (16,92 M en faveur / 0,16 M contre).
- Rebranding de l鈥檈ntreprise : Le nom de la soci茅t茅 sera chang茅 en Zeta Network Group. Vote : 99,3 % pour (16,97 M en faveur).
- Modification des statuts : Adoption d鈥檜n septi猫me m茅morandum et statuts amend茅s et reformul茅s pour refl茅ter la consolidation des actions et le changement de nom (99,3 % de soutien).
- Plan d鈥檌ncitation en actions 2025 : Autorise de nouvelles r茅compenses bas茅es sur des actions ; adopt茅 avec 99,1 % de soutien.
- 脡lections du conseil d鈥檃dministration : Cinq administrateurs (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) r茅茅lus avec environ 99,2 % d鈥檃pprobation chacun.
- Ratification de l鈥檃uditeur : Assentsure PAC conserv茅 pour l鈥檈xercice 2025 (99,5 % d鈥檃pprobation).
- Les d茅p么ts de routine et les pouvoirs de report ont 茅galement 茅t茅 approuv茅s.
Implications pour les investisseurs : L鈥檃utorisation de regroupement invers茅 offre une flexibilit茅 pour relever un cours de l鈥檃ction d茅prim茅 ou r茅pondre aux exigences de cotation, mais peut comprimer les participations existantes selon le ratio final choisi. Le plan d鈥檃ctions pourrait entra卯ner une dilution 脿 long terme, tandis que le rebranding indique un repositionnement strat茅gique. Aucun indicateur de performance financi猫re n鈥檃 茅t茅 divulgu茅 dans ce d茅p么t.
Color Star Technology Co., Ltd. (NASDAQ: ADD) meldete die Ergebnisse seiner Hauptversammlung am 29. Juni 2025 in einer Form 6-K-Einreichung. Inhaber von 17.083.723 Stammaktien, was 57,9 % der ausstehenden Aktien entspricht, bildeten ein Quorum und stimmten allen Tagesordnungspunkten zu.
Wichtige Beschl眉sse:
- Aktienzusammenlegung und Reverse Split: Der Vorstand kann eine Aktienzusammenlegung im Verh盲ltnis zwischen 1:5 und 1:100 durchf眉hren. Dies reduziert die Anzahl der Aktien und erh枚ht den Nennwert, w盲hrend das genehmigte Kapital bei 32 Millionen US-Dollar bleibt. Abstimmung: 99,0 % daf眉r (16,92 Mio. daf眉r / 0,16 Mio. dagegen).
- Unternehmensrebranding: Der Firmenname wird in Zeta Network Group ge盲ndert. Abstimmung: 99,3 % daf眉r (16,97 Mio. daf眉r).
- 厂补迟锄耻苍驳蝉盲苍诲别谤耻苍驳: Annahme einer siebten ge盲nderten und neu gefassten Satzung, um die Aktienzusammenlegung und Namens盲nderung widerzuspiegeln (99,3 % Zustimmung).
- Aktienanreizplan 2025: Genehmigung neuer aktienbasierter Verg眉tungen; mit 99,1 % Zustimmung verabschiedet.
- Vorstandsneuwahlen: F眉nf Direktoren (Wei Zhang, Hung-Jen Kuo, Honglei Jiang, Yan Zhang, Samantha Huang) mit etwa 99,2 % Zustimmung wiedergew盲hlt.
- Wahl des Abschlusspr眉fers: Assentsure PAC f眉r das Gesch盲ftsjahr 2025 best盲tigt (99,5 % Zustimmung).
- Routineanmeldungen und Vertagungsbefugnisse ebenfalls genehmigt.
Auswirkungen f眉r Investoren: Die Befugnis zum Reverse Split bietet Flexibilit盲t, einen gedr眉ckten Aktienkurs zu erh枚hen oder B枚rsennotierungsanforderungen zu erf眉llen, kann aber je nach endg眉ltigem Verh盲ltnis bestehende Beteiligungen zusammenpressen. Der Aktienplan k枚nnte im Laufe der Zeit zu Verw盲sserungen f眉hren, w盲hrend das Rebranding auf eine strategische Neuausrichtung hinweist. Finanzielle Leistungskennzahlen wurden in dieser Einreichung nicht offengelegt.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. )
Filed by the Registrant x
Filed by a Party other than the Registrant ¨
Check the appropriate box:
¨ Preliminary Proxy Statement
¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
¨ Definitive Proxy Statement
x Definitive Additional Materials
¨ Soliciting Material under §240.14a-12
ARES CAPITAL CORPORATION
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
x No fee required.
¨ Fee paid previously with preliminary materials.
¨ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.
| Dear Fellow Stockholder: Our records indicate that we have not yet received your vote for the Special Meeting of Stockholders, to be held virtually on August 8, 2025. Your vote is very important to us. We kindly request that you authorize your proxy in advance of the meeting date to ensure that a quorum is achieved. At the meeting, you will be asked to consider and vote on a proposal to authorize Ares Capital Corporation ("the Company"), with the approval of the Board of Directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value ("NAV") per share, subject to the limitations set forth in the proxy statement for the Special Meeting of Stockholders (including, without limitation, that the number of shares issued does not exceed 25% of the Company’s then outstanding common stock). If approved, the authorization would be effective for common stock issued during a twelve-month period expiring on the anniversary of the date of this Special Meeting of Stockholders. Importantly, there are no immediate plans to issue any shares of common stock below NAV. Rather, during periods of significant market disruption, incremental capital may be required quickly to take advantage of favorable invest-ment opportunities. Ares Capital Corporation is seeking stockholder approval now to provide flexibility in the event the Company believes it is needed in future. The Company has received annual stockholder approval to issue shares of its common stock below NAV on terms similar to what is being requested herein for each of the last 16 years, and has only used this approval one time to com-plete the acquisition of Allied Capital during a period of market disruption and volatility in 2009-2010. As described in further detail in the previously distributed proxy materials, this acquisition was transformational and accretive to the Company and its stockholders. Your vote and participation are very important to us, no matter how many or few shares in Ares Capital Corporation you own. We encourage you to review the proxy materials previously distributed carefully and authorize your proxy using any one of the methods described below. Your prompt response will help us meet stockholder approval requirements before the meeting, thereby reducing the risk of postponement and additional solicitation costs. If you have any questions about voting or to authorize your proxy, please call our proxy solicitor, at 1-877-864- 5060. S08841-LTR YOUR VOTE IS VERY IMPORTANT Our Board of Directors recommends that you respond to this solicitation by voting FOR the proposal described in the proxy statement previously distributed. Your vote is needed! Dear Fellow Shareholder: We are pleased to inform you that we are preparing for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders, which will be held on June 26, 2024. Enclosed are the proxy materials, which describe the proxy proposal in detail. Please review them carefully. ASIF-R90745 WWW.PROXYVOTE.COM Please have your proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL THREE WAYS TO AUTHORIZE YOUR PROXY PHONE WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Ares Strategic Income Fund Please respond to the proxy solicitation by authorizing your proxy in favor of each of the proposals described in the proxy materials. Voting instructions can be located below or in the ballot enclosed in your proxy materials. If you have any questions, please feel free to contact your financial advisor or visit our website at https://areswmsresources.com/investment-solutions/asif/proxy/. Your vote is needed! Dear Fellow Shareholder: We are pleased to inform you that we are preparing for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders, which will be held on June 26, 2024. Enclosed are the proxy materials, which describe the proxy proposal in detail. Please review them carefully. ASIF-R90745 WWW.PROXYVOTE.COM Please have your proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL THREE WAYS TO AUTHORIZE YOUR PROXY PHONE WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Ares Strategic Income Fund Please respond to the proxy solicitation by authorizing your proxy in favor of each of the proposals described in the proxy materials. Voting instructions can be located below or in the ballot enclosed in your proxy materials. If you have any questions, please feel free to contact your financial advisor or visit our website at https://areswmsresources.com/investment-solutions/asif/proxy/. Dear Fellow Shareholder: The voting deadline for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders is quickly approaching. Our records indicate that we have not yet received voting instructions for your account. We appreciate your investment and encourage you to cast a vote for this year’s meeting. Your participation will make a meaningful difference in our ability to conduct necessary business. Regardless of the number of shares you own, your vote is very important and will help us avoid additional solicitation costs. Please authorize your proxy to vote your shares promptly using any one of the methods described below. If you have any questions, feel free to contact your financial advisor or visit our website at: https://www.areswms.com/investors/proxy/ares-strategic-income-fund-proxy. Your vote is needed! Dear Fellow Shareholder: We are pleased to inform you that we are preparing for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders, which will be held on June 26, 2024. Enclosed are the proxy materials, which describe the proxy proposal in detail. Please review them carefully. ASIF-R90745 ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL THREE WAYS TO AUTHORIZE YOUR PROXY PHONE WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Ares Strategic Income Fund Please respond to the proxy solicitation by authorizing your proxy in favor of each of the proposals described in the proxy materials. Voting instructions can be located below or in the ballot enclosed in your proxy materials. If you have any questions, please feel free to contact your financial advisor or visit our website at https://areswmsresources.com/investment-solutions/asif/proxy/. SAMPLE-LTR WWW.PROXYVOTE.COM Please have your enclosed proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. WITHOUT A PROXY CARD Call 1-877-864-5060 Monday to Friday, 9:00 a.m. to 9:00 p.m. ET to speak with a proxy specialist. WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. |
| Dear Fellow Stockholder: We want to thank you for your investment in Ares Capital Corporation. As an important shareholder, you've made a sig-nificant investment in Ares Capital Corporation's future. Your voice matters, and that is why we are kindly requesting that you authorize your proxy and help us reach a quorum at our Special Meeting of Stockholders, to be held virtually on August 8, 2025. Your participation is critical for a successful meeting. At the meeting, you will be asked to consider and vote on a proposal to authorize Ares Capital Corporation ("the Company"), with the approval of the Board of Directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value ("NAV") per share, subject to the limitations set forth in the proxy statement for the Special Meeting of Stockholders (including, without limitation, that the number of shares issued does not exceed 25% of the Company’s then outstanding common stock). If approved, the authorization would be effective for common stock issued during a twelve-month period expiring on the anniversary of the date of this Special Meeting of Stockholders. Importantly, there are no immediate plans to issue any shares of common stock below NAV. Rather, during periods of significant market disruption, incremental capital may be required quickly to take advantage of favorable invest-ment opportunities. Ares Capital Corporation is seeking stockholder approval now to provide flexibility in the event the Company believes it is needed in future. The Company has received annual stockholder approval to issue shares of its common stock below NAV on terms similar to what is being requested herein for each of the last 16 years, and has only used this approval one time to com-plete the acquisition of Allied Capital during a period of market disruption and volatility in 2009-2010. As described in further detail in the previously distributed proxy materials, this acquisition was transformational and accretive to the Company and its stockholders. As one of our top investors, your participation is crucial. We encourage you to review the proxy materials previously distributed carefully and authorize your proxy using any one of the methods described below. Your prompt response will help us meet stockholder approval requirements before the meeting, thereby reducing the risk of postponement and additional solicitation costs. If you have any questions about voting or to authorize your proxy, please call our proxy solicitor, at 1-877-864- 5060. S08841-LTR YOUR VOTE IS VERY IMPORTANT Our Board of Directors recommends that you respond to this solicitation by voting FOR the proposal described in the proxy statement previously distributed. Your vote is needed! Dear Fellow Shareholder: We are pleased to inform you that we are preparing for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders, which will be held on June 26, 2024. Enclosed are the proxy materials, which describe the proxy proposal in detail. Please review them carefully. ASIF-R90745 WWW.PROXYVOTE.COM Please have your proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL THREE WAYS TO AUTHORIZE YOUR PROXY PHONE WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Ares Strategic Income Fund Please respond to the proxy solicitation by authorizing your proxy in favor of each of the proposals described in the proxy materials. Voting instructions can be located below or in the ballot enclosed in your proxy materials. If you have any questions, please feel free to contact your financial advisor or visit our website at https://areswmsresources.com/investment-solutions/asif/proxy/. Your vote is needed! Dear Fellow Shareholder: We are pleased to inform you that we are preparing for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders, which will be held on June 26, 2024. Enclosed are the proxy materials, which describe the proxy proposal in detail. Please review them carefully. ASIF-R90745 WWW.PROXYVOTE.COM Please have your proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL THREE WAYS TO AUTHORIZE YOUR PROXY PHONE WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Ares Strategic Income Fund Please respond to the proxy solicitation by authorizing your proxy in favor of each of the proposals described in the proxy materials. Voting instructions can be located below or in the ballot enclosed in your proxy materials. If you have any questions, please feel free to contact your financial advisor or visit our website at https://areswmsresources.com/investment-solutions/asif/proxy/. Dear Fellow Shareholder: The voting deadline for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders is quickly approaching. Our records indicate that we have not yet received voting instructions for your account. We appreciate your investment and encourage you to cast a vote for this year’s meeting. Your participation will make a meaningful difference in our ability to conduct necessary business. Regardless of the number of shares you own, your vote is very important and will help us avoid additional solicitation costs. Please authorize your proxy to vote your shares promptly using any one of the methods described below. If you have any questions, feel free to contact your financial advisor or visit our website at: https://www.areswms.com/investors/proxy/ares-strategic-income-fund-proxy. Your vote is needed! Dear Fellow Shareholder: We are pleased to inform you that we are preparing for our upcoming Ares Strategic Income Fund Annual Meeting of Shareholders, which will be held on June 26, 2024. Enclosed are the proxy materials, which describe the proxy proposal in detail. Please review them carefully. ASIF-R90745 ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL THREE WAYS TO AUTHORIZE YOUR PROXY PHONE WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Ares Strategic Income Fund Please respond to the proxy solicitation by authorizing your proxy in favor of each of the proposals described in the proxy materials. Voting instructions can be located below or in the ballot enclosed in your proxy materials. If you have any questions, please feel free to contact your financial advisor or visit our website at https://areswmsresources.com/investment-solutions/asif/proxy/. SAMPLE-LTR WWW.PROXYVOTE.COM Please have your enclosed proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. WITHOUT A PROXY CARD Call 1-877-864-5060 Monday to Friday, 9:00 a.m. to 9:00 p.m. ET to speak with a proxy specialist. WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. |
| S08841-EPB SPECIAL STOCKHOLDER MEETING MATERIALS REQUIRING YOUR PROMPT ATTENTION ENCLOSED URGENT |
| SAMPLE-EPB Ares Strategic Income Fund THREE WAYS TO AUTHORIZE YOUR PROXY 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 NOTE: This is not an actual Control Number. Please refer to the voting instruction form for your unique Control Number. NOTE: This is not an actual Control Number. Please refer to the proxy card for your unique Control Number. WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. PHONE WWW.PROXYVOTE.COM Please have your proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. ONLINE VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. MAIL Y Authorize Your Proxy Today! our Vote Is Important – The Annual Meeting of Shareholders will be held on June 25, 2025. Whether or not you plan to attend, your vote is very important. You can authorize a proxy to vote your proxy by internet, telephone, or mail. Simply follow the instructions on the enclosed form. For your convenience, we’ve highlighted where you can find your unique Control Number. Your Vote Is Missing – Authorize Your Proxy Today! The Special Meeting of Stockholders is quickly approaching and will be held on August 8, 2025. Our records indicate that your account is not yet voted. Whether or not you plan to attend, your vote is very important. You can authorize a proxy to vote your shares by internet, telephone, or mail. Simply follow the instructions on the enclosed form. For your convenience, we’ve highlighted where you can find your unique Control Number. If you have any questions, please call 1-877-864-5060. WITHOUT A PROXY CARD Call 1-877-864-5060 Monday to Friday, 9:00 a.m. to 9:00 p.m. ET to speak with a proxy specialist. WITH A PROXY CARD Call 1-800-690-6903 with a touch-tone phone to vote using an automated system. |
| About Ares Capital Corporation v Portfol io Arcs Cap ital Corporat ion > Stoc:khold•r5: Hav. you YOttd )'tt? How do I authorize my proxy? Option 1: By phone Investor Resources We request that you authorize your proxy in advance of the upcoming Special Meeting of Stockholders which will take place virtually on August 8, 2025. Without a proxy card: call 1-Bn-864-5060 to speak with a proxy specialist Monday through Friday, 9am-9pm ET. With a proxy card: call 1-800-690-6903 with a touch-tone phone to vote using an automated system. Option 2: Online Visit www.proxyvote.com and have the control number sent via mail or email in hand when accessing the website. There will be easy-to-fol low directions to help you complete the electronic voting instruction fo rm. Option 3: By mail Mark, s ign and date your ballot and return it in the postage-paid envelope provided. Frequently Asked Questions: Why is there a special meeting'? The special meeting is being held to consider and vote on a proposal to aut horize Ares Capital Corporation ("the Company"), with the approval of the Board of Directors. to sell or otherwise issue shares of its common stock at a pr ice below its then current net asset value ("NAV') per share, subject to the limitations set forth in the proxy statement for t he Special Meet ing of Stockholders (including. wit hout limitation, that the number of shares issued does not exceed 25% of the Companys then outstanding common stock). If approved, the authori zation would be effective for common stock issued during a twelve-month period expiring on the anniversary of the date of this Special Meeting of Stockholders. Why vote for the pmposal'? There are no immediate plans to issue any shares of common stock below NAV. Rather, dur ing periods of signif icant market disruption, incremental capital may be required quickly to take advantage of favorable investment opportunities. Ares Capital Corporat ion is seeking stockholder approval now to provide flexi bility in the event the Company believes it is needed in fu ture. HasARCC asked for this author ization and used it in the past'? Stockholders have approved the Company's request to authorize the issuance of shares of its common stock below NAVon terms similar to what is being requested herein for each of the last 16 years, and has only used this approval one time to complete the acquisition of Allied Capital during a period of market d is ruption and volatil ity in 2009-2010. As described in further detail in the previously distributed proxy materials. this acquisition was transformat ional and accretive to the Company and its stock holders. We believe having this authorization is critical in allowing us to find opportunities to build stockholder value through all market condit ions. How can I learn more? Please refer to the Notice of Meeting and Proxy Statement and Shareholder Letter for additional information. 0 ARES Tcrmsotusc Pr~acyPol ,cy S t c Mijp AboutArcs Managcmcnt D fi:3 |
| Latest News Views View All |
| Ad 1 Confidential — Not For Publication or Distribution 2 LANGUAGE: ARCC Stockholder – your participation impacts the future of your investment in Ares Capital Corporation. Please take action today. |
| Ad 2 Confidential — Not For Publication or Distribution 3 LANGUAGE: ARCC Stockholder – please take action before our Special Meeting by visiting the link above. |
| Ad 3 Confidential — Not For Publication or Distribution 4 LANGUAGE: You should have received proxy materials for the upcoming ARCC Special Meeting of Stockholders. Please take action early by visiting the link above. |
| Ad 4 Confidential — Not For Publication or Distribution 5 LANGUAGE: ARCC Stockholder: Your vote and participation are very important, no matter how many or few shares in Ares Capital Corporation you own. We encourage you to review the proxy materials previously distributed carefully and authorize your proxy using any one of the methods described above. |
| | © 2023 0 Click to Call |
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FAQ
What reverse split ratio did Color Star (ADD) approve?
Why is Color Star changing its name to Zeta Network Group?
Did shareholders approve the 2025 Equity Incentive Plan?
Who will audit Color Star for FY 2025?
Were any directors opposed during the elections?
What percentage of shares were represented at the AGM?
