WhiteHorse Finance Reports Potential Nasdaq Listing Issue

TL;DR

**WhiteHorse Finance (WHF) just flagged a potential Nasdaq listing problem, watch for delisting risk.**

AI Summary

WhiteHorse Finance, Inc. filed an 8-K on January 18, 2024, reporting an event on January 13, 2024, related to a "Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing." This filing indicates a potential issue with their listing status on The Nasdaq Stock Market for their Common Stock (WHF) or their 7.875% Notes due 2028. This matters to investors because a delisting could reduce liquidity and make it harder to trade the stock, potentially impacting its price negatively.

Why It Matters

A delisting from Nasdaq could significantly reduce the liquidity and visibility of WhiteHorse Finance's stock, making it less attractive to investors and potentially driving down its market price.

Risk Assessment

Risk Level: medium — The filing indicates a notice of delisting or failure to satisfy listing rules, which poses a direct threat to the company's stock exchange presence and investor confidence.

Analyst Insight

A smart investor would closely monitor subsequent filings from WhiteHorse Finance, Inc. for details on the specific listing deficiency and the company's plan to regain compliance, as a delisting could severely impact investment value. Consider the potential for reduced liquidity and price depreciation.

Key Numbers

• 7.875% — interest rate (for the Notes Due 2028)
• 2028 — maturity year (for the Notes)
• $0.001 — par value (per share of Common Stock)

Key Players & Entities

• WhiteHorse Finance, Inc. (company) — the registrant filing the 8-K
• The Nasdaq Stock Market (company) — the exchange where WHF Common Stock is registered
• WHF (company) — trading symbol for Common Stock
• January 13, 2024 (date) — date of earliest event reported
• January 18, 2024 (date) — date the 8-K was filed
• $0.001 (dollar_amount) — par value per share of Common Stock

Forward-Looking Statements

• WhiteHorse Finance, Inc. will provide further details on the specific listing deficiency within the next 30-60 days. (WhiteHorse Finance, Inc.) — medium confidence, target: 2024-03-18
• The price of WHF common stock will experience increased volatility as investors react to the uncertainty surrounding its listing status. (WHF) — high confidence, target: 2024-02-18

FAQ

Key Financial Figures

• $0.001 — h Registered Common Stock, par value $0.001 per share WHF The Nasdaq Stock Mark

Filing Documents

• whf-20240113x8k.htm (8-K) — 43KB
• whf-20240113xex99d1.htm (EX-99.1) — 8KB
• whf-20240113xex99d1001.jpg (GRAPHIC) — 9KB
• 0001558370-24-000345.txt ( ) — 310KB
• whf-20240113.xsd (EX-101.SCH) — 5KB
• whf-20240113_def.xml (EX-101.DEF) — 14KB
• whf-20240113_lab.xml (EX-101.LAB) — 3KB
• whf-20240113_pre.xml (EX-101.PRE) — 15KB
• whf-20240113x8k_htm.xml (XML) — 7KB

01. Other Events

Item 8.01. Other Events On January 16, 2024, the Company issued a press release announcing that Mr. Burke has passed away. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release of WhiteHorse Finance, Inc. dated January 16, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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. Dated: January 17, 2024 WHITEHORSE FINANCE, INC. By: /s/ Joyson C. Thomas Joyson C. Thomas Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR