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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 16, 2023

 

FS CREDIT OPPORTUNITIES CORP.

(Exact name of Registrant as specified in its charter)

 

Maryland   811-22802   46-1882356
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

201 Rouse Boulevard
Philadelphia, Pennsylvania
19112
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (215495-1150

 

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange
on which registered  
Common Stock, $0.001 par value per share   FSCO   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

¨   Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

 

Item 3.03. Material Modification to Rights of Security Holders.

 

Reactivation of Amended and Restated Distribution Reinvestment Plan

 

As previously announced, on July 14, 2022, the board of directors (the “Board”) of FS Credit Opportunities Corp. (the “Company”), including all of the independent directors, approved an amended and restated distribution reinvestment plan (the “A&R DRP”). On November 14, 2022, upon the listing of the Company’s shares of common stock on the New York Stock Exchange (the “Listing”), the A&R DRP became automatically effective and was suspended for 181 days following the Listing. Pursuant to Section 10 of the A&R DRP, the A&R DRP can be reactivated following any suspension by the Company upon notice of such reactivation in a Form 8-K filed with the U.S. Securities and Exchange Commission. On May 16, 2023, the Board unanimously determined to reactivate the A&R DRP, effective May 16, 2023, and the Company files this Form 8-K to provide notice of such reactivation.

 

A copy of the A&R DRP is attached hereto as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

  EXHIBIT NUMBER    
     
  Exhibit 99.1   FS Credit Opportunities Corp. Amended and Restated Distribution Reinvestment Plan

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FS Credit Opportunities Corp.
     
Date: May 16, 2023 By: /s/ Stephen Sypherd
    Stephen Sypherd
    General Counsel