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Re: None

Tuesday, 09/09/2008 2:12:22 PM

Tuesday, September 09, 2008 2:12:22 PM

Post# of 107353
09/09/2008 10-K for PROSPECT CAPITAL CORP
edgar search result:
COMPANY NAME(s) - [PROSPECT CAPITAL CORP (CIK - 1287032 /SIC - Unspecified)]
Subsequent Events On July 3, 2008, we exercised our warrant for 4, 960, 585 shares of common stock in Deep Down, Inc. As permitted by the terms of the warrant, we elected to make this exercise on a cashless basis entitling us to 2, 618, 129 common shares.

One of several mentions of Deep Down in the 10-K:

Recent Developments

" On July 3, 2008, we exercised our warrant for 4,960,585 shares of common stock in Deep Down, Inc. As permitted by the terms of the warrant, we elected to make this exercise on a cashless basis entitling us to 2,618,129 common shares. On August 1, 2008, we sold all the shares acquired receiving $1,649 of net proceeds."



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