Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - VII Peaks Co-Optivist Income BDC II, Inc. | tv504074_ex99-1.htm |
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): |
September 28, 2018 |
VII Peaks Co-Optivist Income BDC II, Inc.
(Exact name of registrant as specified in its charter)
| Maryland | 0-54615 | 45-2918121 | ||
| (State or other jurisdiction | (Commission File No.) | (I.R.S. Employer | ||
| of incorporation) | Identification No.) |
|
4 Orinda Way, Suite 125-A Orinda, California |
94563 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (855) 889-1778
Not Applicable
(Former name or 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 (see General Instruction A.2. below):
| ¨ | 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)) |
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. ¨
Section 8 – Other Events
Item 8.01 Other Events
On September 28, 2018, the Board of Directors of the Registrant declared by consent a monthly distribution of $.00384 per share. This distribution, year to date, reflects a reduced 2.23% annualized distribution rate based on the current offering price of $8.75. The distribution will be paid on October 3, 2018 to stockholders of record on September 28, 2018.
The Board of Directors also ratified the Registrant’s decision not to make the previously declared distribution for April 2018, due to the circumstances explained in the letter to investors attached as Exhibit 99.1 hereto.
In connection with this distribution, the Registrant sent a letter to its investors, which is attached as Exhibit 99.1 hereto.
Item 9.01 Exhibits.
| (d) | Exhibits: |
| Exhibit Number | Description | |
| 99.1 | Letter to Investors, dated October 1, 2018 |
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.
| VII Peaks Co-Optivist Income BDC II, Inc. | ||
| October 2, 2018 | ||
| By: | /s/ Gurpreet S. Chandhoke | |
| Gurpreet S. Chandhoke | ||