Business Context and Reporting Period
WhiteHorse Finance, Inc. (WHF), a Delaware corporation, filed this Form 8-K on May 3, 2022. The filing announces preliminary estimates of financial results and an investment portfolio update for the first quarter ended March 31, 2022. The company is listed on the Nasdaq Global Select Market.
Key Financial Metrics
The filing provides preliminary estimates for Net Asset Value (NAV) per share as of March 31, 2022. Specific figures for revenue, profit, cash flow, margins, debt, or liquidity are not provided in this document.
- Estimated NAV per Share (Q1 2022): $14.97 to $15.01
Material Changes
The filing does not contain comparative data against the prior period to quantify material changes in financial performance. It serves as a preliminary update prior to the release of the full quarterly report.
Guidance, Outlook, and Risks
Management expects to release final first-quarter earnings results on or about May 10, 2022. The preliminary estimates are subject to material changes upon completion of financial closing procedures and the discovery of information affecting the fair values of portfolio investments. The independent registered public accounting firm, Crowe LLP, has not audited or reviewed these preliminary figures.
Investor Verification Checklist
- Verify the final Net Asset Value per share in the upcoming Form 10-Q filing.
- Confirm the final revenue, net income, and cash flow figures once the May 10, 2022 earnings release is published.
- Review the detailed investment portfolio update referenced in the attached press release (Exhibit 99.1).
- Monitor for any subsequent events affecting fair value estimates between May 3, 2022, and the final filing date.