Good morning, and welcome to the Gladstone Capital Corporation Annual Meeting of Stockholders. I would now like to turn the conference over to Michael Lacassi. Mr. Lacassi, please go ahead.
Good morning, everyone. Welcome to the twenty twenty Annual Stockholders Meeting of Gladstone Capital Corporation. My name is Michael Lacasse. I'm General Counsel of the company. With us, we have some of our employees here, including Nicole Schalten Branch Chief Financial Officer and Treasurer of the company.
It is now 11:01 a. M. And the meeting will now come to order officially. We'll proceed with the business of the meeting as set forth in the notice of annual meeting and proxy statement. We have appointed Eric Helmholt to be the acting secretary of the meeting.
Will the secretary please report on the mailing of the notice of the annual meeting in the stockholders list? I have here a complete list of the stockholders of record of the company's common stock on 12/02/2019, the record date for this meeting.
I also have an affidavit certifying that on December 1639, a notice of the Annual Meeting of Stockholders of the company was first mailed to all stockholders of record as of the close of business on 12/02/2019.
Thanks, Eric. Myself and Nicole Scholtenbrand, the CFO and Treasurer of the company have been appointed as the inspectors of election. At this meeting, Broadridge Financial Solutions tabulated the votes, and the inspectors and their staffs have been in contact with the representatives from Broadridge in connection with the vote tally. Both myself and Nicole have also taken and subscribed the customary oath of office to impartially execute duties as inspectors of election. We'll file these oaths with the records of the meeting, and the inspector's function is to decide upon the qualifications of voters, accept their votes, and at the end of balloting, to tally the final votes.
Will the secretary please report at this time with respect to the existence of a quorum?
Proxies have been received for 80.61% of the 30,490,961 shares of common stock outstanding on the record date. A total of 24,579,085 shares are present in person or by proxy, which constitutes quorum for the meeting today, and we may now carry out the official business of the meeting. If there are any additional proxies to be submitted, please vote your shares through the portal at this time.
Thanks, Eric. We'll now proceed with the business of this meeting. There are two proposals to be considered by the stockholders. Proposal one, for our common stockholders to elect incumbent directors, McKella A. English and Anthony W.
Parker, each to serve an additional term to expire at the twenty twenty three annual meeting of stockholders until his or her successor is elected and qualified. And proposal number two, to ratify our audit committee selection of PwC PricewaterhouseCoopers as our independent registered public accounting firm for our fiscal year ending 09/30/2020. The time is now 11:03AM on 02/06/2020. The polls have been open for voting by computer for some time now and are still open. And the polls will be closed for voting after we go through these matters.
Once again, proposal one, the first item of business is the election of McKellar A. English and Anthony W. Parker, each to serve as a director until the 2,023 and until his or her, as applicable successor is elected and duly qualified. Is there any discussion? The second item of business is to ratify the audit committee selection of PwC as our independent registered public accounting firm for fiscal year ending 09/30/2020.
If there's any discussion on that matter? That was the final proposal for today's meeting. Voting is by proxy and written ballot. You do not need to vote through the portal for the meeting today if you have already voted. Each share of common stock is entitled to one vote for each matter on which they're entitled to vote.
The time is now 11:05AM. The polls are now officially closed for voting. Will secretary who has finished counting the votes announce the results of the voting please?
The report of the inspectors of this election covering the proposals presented at this meeting is as follows. The proposal to elect Mikaela English and Anthony Parker, each as the Director of the company, to serve a term that will expire at the twenty twenty three Annual Meeting is carried. The proposal to ratify our Audit Committee selection of PwC as our independent registered public accounting firm for the fiscal year ending 09/30/2020 is carried. Full tally of the votes will be filed with the SEC on Form eight ks within the next four business days.
That is the end of the business on the agenda of the stockholders meeting today. We want to thank all shareholders for joining our annual stockholders' virtual meeting. The meeting is adjourned, and it is officially 11:06AM.
This conference has now concluded. Thank you for attending today's presentation. You may now disconnect.