CNL Strategic Capital shareholders approve director election and auditor ratification

Published 01/07/2025, 20:14
CNL Strategic Capital shareholders approve director election and auditor ratification

CNL Strategic Capital, LLC reported Tuesday that shareholders approved all proposals presented at its annual meeting. The meeting was held with a quorum present, according to a statement based on a Securities and Exchange Commission filing.

Shareholders voted to elect Benjamin A. Posen to the company’s board of directors for a three-year term, expiring at the 2028 annual meeting. The proposal received 12,358,518 votes in favor, 126,669 votes against, and 533,346 votes withheld.

A second proposal, to ratify the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for 2025, also passed. The vote totals were 16,645,183 in favor, 138,369 against, and 435,438 withheld.

CNL Strategic Capital, LLC is incorporated in Delaware and is not listed on a major exchange. The company’s annual meeting and vote outcomes were disclosed in a press release statement and detailed in the SEC filing.

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