UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): December 31, 2015
Business Development Corporation of America
(Exact Name of Registrant as Specified in Its Charter)
| Maryland | 814-00821 | 27-2614444 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
405 Park Avenue, 14th Floor
New York, New York 10022
(Address, Including Zip Code, of Principal Executive Offices)
(212) 415-6500
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(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)) |
Item 5.02 Departure of Director or Certain Officer; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Appointment of Edward M. Weil, Jr.
On December 31, 2015, the board of directors (the “Board”) of Business Development Corporation of America (the “Company”) appointed Edward M. Weil, Jr. to serve as a director of the Board, effective as of that same date. There is no arrangement or understanding between Mr. Weil and any other person pursuant to which he was appointed as a director of the Company’s Board, nor is there any family relationship between Mr. Weil and any of the Company’s directors or executive officers. There are no related party transactions involving Mr. Weil that are reportable under Item 404(a) of Regulation S-K.
Resignation of William M. Kahane
On December 31, 2015, in connection with Mr. Weil’s appointment as a director of the Board, William M. Kahane resigned from his role as a director of the Company’s Board. Mr. Kahane did not resign pursuant to any disagreement with the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BUSINESS DEVELOPMENT CORPORATION OF AMERICA | |||
| Date: January 5, 2016 | By: | /s/ Peter M. Budko | |
| Name: | Peter M. Budko | ||
| Title: | Chief Executive Officer and Chairman of the Board of Directors | ||