Business Context and Reporting Period
This Form 8-K Current Report was filed by WhiteHorse Finance, Inc. on October 21, 2021, with the earliest event reported on the same date. The Company is a Delaware corporation with principal executive offices in Miami, Florida, and its common stock (WHF) and 6.50% Notes due 2025 (WHFBZ) trade on the Nasdaq Global Select Market.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures. The report focuses exclusively on a capital raising event rather than periodic financial performance results.
Material Changes
The primary material change reported is the entry into a Material Definitive Agreement for a registered public offering of common stock. On October 21, 2021, the Company entered into an underwriting agreement to sell 1,900,000 shares of common stock. The offering closed on October 25, 2021. Additionally, the Company granted underwriters a 30-day option to purchase up to an additional 285,000 shares to cover overallotments.
Guidance, Outlook, and Risks
The filing does not contain management guidance, outlook, or specific risk factors beyond the standard incorporation by reference of the Underwriting Agreement and prospectus supplements. The transaction was executed pursuant to an effective shelf registration statement on Form N-2 (File No. 333-231247).
Investor Verification Checklist
- Verify the final closing price and total proceeds from the sale of 1,900,000 shares.
- Confirm whether the underwriters exercised the option to purchase the additional 285,000 shares.
- Review the full text of the Underwriting Agreement (Exhibit 1.1) for specific terms and conditions.
- Check subsequent filings for the impact of this equity issuance on the Company's share count and capital structure.