WhiteHorse Finance, Inc. (NASDAQ:WHF) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On August 3, 2017, WhiteHorse Finance, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved two proposals. The issued and outstanding shares of stock of the Company entitled to vote at the Annual Meeting consisted of 18,318,104 shares of common stock outstanding on the record date, June 5, 2017. The final voting results from the Annual Meeting were as follows:
Proposal 1. To elect three Class II directors of the Company who will each serve until the 2020 annual meeting of stockholders or until his successor is duly elected and qualifies.
| Name | Votes For | Votes Against | Abstentions | Broker Non-Votes |
| Stuart Aronson | 9,190,116 | 48,317 | 278,498 | 3,213,309 |
| Jay Carvell | 9,169,048 | 68,670 | 279,213 | 3,213,309 |
| Rick P. Frier | 9,049,075 | 189,356 | 278,500 | 3,213,309 |
Proposal 2. To ratify the selection of Crowe Horwath LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017.
| Votes For | Votes Against | Abstentions |
| 12,425,953 | 99,379 | 204,908 |
Forward-Looking Statements
This Current Report on Form 8-K may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this Current Report on Form 8-K may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this Current Report on Form 8-K.
About WhiteHorse Finance, Inc. (NASDAQ:WHF)
WhiteHorse Finance, Inc. is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years. The Company may also make investments at other levels of a company’s capital structure, including mezzanine loans or equity interests. The Company’s investment portfolio consists primarily of senior secured loans across approximately 40 positions in over 30 companies. The Company’s investment activities are managed by its investment advisor, H.I.G. WhiteHorse Advisers, LLC.
