WhiteHorse Finance Files Definitive Proxy Statement

TL;DR

WHF proxy filing out - time to vote on exec pay & company proposals.

AI Summary

WhiteHorse Finance, Inc. (WHF) has filed its definitive proxy statement (DEF 14A) for the fiscal year ending July 31, 2024, with the SEC on June 20, 2024. The filing invites stockholders to a meeting, details executive compensation, and outlines proposals for shareholder votes. The company is headquartered at 1450 Brickell Avenue, Miami, Florida.

Why It Matters

This filing provides crucial information for shareholders to make informed decisions regarding company governance, executive compensation, and voting on important corporate matters.

Risk Assessment

Risk Level: low — This is a routine proxy filing, providing information to shareholders rather than announcing new material events.

Key Numbers

• 20240620 — Filing Date (Date the definitive proxy statement was filed with the SEC.)
• 20240731 — Fiscal Year End (The period covered by the proxy statement.)

Key Players & Entities

• WhiteHorse Finance, Inc. (company) — Registrant
• Miami, Florida (location) — Company Headquarters
• June 20, 2024 (date) — Filing Date
• July 31, 2024 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $0.001 — 3,088 shares of common stock, par value $0.001 per share ("Common Stock"), outstanding
• $30,000 — timated that it would pay approximately $30,000 for such services. If the Company engag
• $50,000 — endent Directors Rick P. Frier Below $50,000 Rick D. Puckett Over $100,000 G. Sta
• $100,000 — r Below $50,000 Rick D. Puckett Over $100,000 G. Stacy Smith Below $50,000 John P.
• $1 — (1) Dollar ranges are as follows: None; $1 – $10,000; $10,001 – $50,000; $50,001 –
• $10,000 — ollar ranges are as follows: None; $1 – $10,000; $10,001 – $50,000; $50,001 – $100,000;
• $10,001 — ges are as follows: None; $1 – $10,000; $10,001 – $50,000; $50,001 – $100,000; and over
• $50,001 — None; $1 – $10,000; $10,001 – $50,000; $50,001 – $100,000; and over $100,000. 5 PRO

Filing Documents

• tmb-20240731xdef14a.htm (DEF 14A) — 516KB
• tmb-20240731xdef14a_a001.jpg (GRAPHIC) — 3KB
• tmb-20240731xdef14a_a002.jpg (GRAPHIC) — 4KB
• tmb-20240731xdef14a_bg001.jpg (GRAPHIC) — 154KB
• tmb-20240731xdef14a_bg002.jpg (GRAPHIC) — 88KB
• tmb-20240731xdef14a_cg001.jpg (GRAPHIC) — 106KB
• tmb-20240731xdef14a_cg002.jpg (GRAPHIC) — 98KB
• 0001558370-24-009353.txt ( ) — 1141KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management As of the Record Date, to our knowledge, there are no persons who would be deemed to "control" us, as such term is defined in the Investment Company Act of 1940, as amended (the "1940 Act"). Our directors include three interested directors and four independent directors. An interested director is an "interested person" of the Company, as defined in the 1940 Act, and independent directors are all other directors (the "Independent Directors"). Messrs. Rick P. Frier, Rick D. Puckett, G. Stacy Smith and John P. Volpe qualify as Independent Directors. The following table sets forth, as of the Record Date, certain ownership information with respect to our Common Stock for those persons who directly or indirectly own, control or hold with the power to vote, five percent or more of our outstanding Common Stock and all officers and directors, individually and as a group. As the Record Date, there were 23,243,088 shares of Common Stock outstanding.

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management Type of Shares Name and Address Owned Percentage H.I.G. Bayside Loan Opportunity Fund IV, L.P. (1) Beneficial 3,976,258 17.1 % Stuart Aronson (2) Beneficial 36,000 * John Bolduc (2)(3) Beneficial 432,765 1.9 % Jay Carvell (2) Beneficial 15,630 * Sami Mnaymneh (4) Beneficial 3,976,258 17.1 % Anthony Tamer (4)(5) Beneficial 4,437,342 19.1 % Rick P. Frier (2)(7) Beneficial 3,700 * Rick D. Puckett (2)(6) Beneficial 19,912 * G. Stacy Smith (2) Beneficial 3,700 * John P. Volpe (2) Beneficial — * Marco Collazos (2) Beneficial 10,000 * Joyson C. Thomas (2) Beneficial 14,253 * All officers and directors as a group (9 persons) Beneficial 535,960 2.3 % * Represents less than 1.0%. (1) The address of H.I.G. Bayside Loan Opportunity Fund IV, L.P., a Delaware limited partnership, is 1450 Brickell Avenue, 31 st Floor, Miami, Florida 33131. The number of shares of common stock shown in the above table as being owned by H.I.G. Bayside Loan Opportunity Fund IV, L.P. reflects the fact it may be viewed as having investment power over 3,976,258 shares of our common stock indirectly owned of record by such entity, although voting rights to such securities have been passed through to the respective limited partners. H.I.G. Bayside Loan Opportunity Fund IV, L.P. disclaims beneficial ownership of such shares of common stock, except to the extent of its pecuniary interests therein. (2) The address for each of our officers and directors is c/o WhiteHorse Finance, Inc., 1450 Brickell Avenue, 31 st Floor, Miami, Florida 33131. (3) Mr. Bolduc is the sole shareholder of the general partner of Bolduc Family L.P. and a member of Bolduc Investments X, LLC. The number of shares of common stock shown in the above table as being owned by Mr. Bolduc reflects the fact that, due to his control of Bolduc Family, L.P. and Bolduc Inv

View Full Filing

View this DEF 14A filing on SEC EDGAR