UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Item 1.01. Entry into a Material Definitive Agreement
As previously disclosed, on February 22, 2024, WhiteHorse Finance, Inc. (the “Company”) entered into a Second Amended and Restated Investment Advisory Agreement (the “Investment Advisory Agreement”) between the Company and H.I.G. WhiteHorse Advisers, LLC. The Investment Advisory Agreement is substantially the same as the prior investment advisory agreement except that the base management fee is reduced and is calculated at an annual rate of 1.75% of the consolidated gross assets of the Company, including cash and cash equivalents and assets purchased with borrowed funds for the period. The reduced base management fee in the Investment Advisory Agreement is effective as of January 1, 2024.
The description above of the Investment Advisory Agreement is only a summary and is qualified in its entirety by reference to the copy of the Investment Advisory Agreement which is filed as Exhibit 10.1 to this current report on Form 8-K and is incorporated herein by reference thereto.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
10.1 | ||||
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: March 18, 2024 | WHITEHORSE FINANCE, INC. | |
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| By: | /s/ Joyson C. Thomas |
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| Joyson C. Thomas |
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| Chief Financial Officer |