Summary
KKR & Co. Inc. filed an 8-K on May 28, 2026, to report on the outcome of its reconvened special meeting of stockholders held on May 21, 2026. The primary focus was Proposal 1, which aimed to eliminate a supermajority (90%) voting requirement for amending certain provisions of the Company's charter. While other proposals (2, 3, and 4) were approved at an earlier meeting, Proposal 1 did not proceed to a vote due to a lack of quorum.
Key Highlights
- 1Proposal 1, intended to reduce the supermajority voting threshold for charter amendments from 90% to a lower requirement, was not voted on.
- 2A quorum, defined as the presence of holders of at least 90% of the outstanding common stock (802,395,805 shares), was not achieved for Proposal 1 at the reconvened meeting.
- 3The special meeting was adjourned without conducting any business related to Proposal 1.
- 4Proposals 2, 3, and 4, related to charter amendments, had previously been approved by stockholders.
- 5The Series I preferred stockholder and common stockholders showed strong support for Proposal 1, with 97.83% of votes cast in favor and 86.60% of outstanding shares voting in favor, but this was insufficient without a quorum.
- 6The company concluded the reconvened special meeting without further adjournment.