WhiteHorse Finance, Inc. Announces Special Distribution And To Report Third Quarter 2024 Financial Results
WhiteHorse Finance, Inc. (Nasdaq: WHF) has announced two key updates:
1. A special distribution of $0.245 per share, payable on December 10, 2024, to stockholders of record as of October 31, 2024. The company notes that distributions may include a return of capital and/or capital gains, with specific tax characteristics to be reported on Form 1099-DIV.
2. The company will release its third quarter 2024 financial results on November 7, 2024, followed by a conference call at 11:30 a.m. ET. Investors can access the call via phone or the company's website. A replay will be available until November 14, 2024, through various channels.
WhiteHorse Finance, Inc. (Nasdaq: WHF) ha annunciato due aggiornamenti importanti:
1. Una distribuzione straordinaria di $0,245 per azione, che sar脿 pagata il 10 dicembre 2024, agli azionisti iscritti al 31 ottobre 2024. L'azienda informa che le distribuzioni possono includere un ritorno di capitale e/o plusvalenze, con specifiche caratteristiche fiscali che saranno riportate sul Modulo 1099-DIV.
2. L'azienda pubblicher脿 i risultati finanziari del terzo trimestre 2024 il 7 novembre 2024, seguito da una chiamata in conferenza alle 11:30 ora ET. Gli investitori possono accedere alla chiamata tramite telefono o il sito web dell'azienda. Una registrazione sar脿 disponibile fino al 14 novembre 2024, attraverso vari canali.
WhiteHorse Finance, Inc. (Nasdaq: WHF) ha anunciado dos actualizaciones clave:
1. Una distribuci贸n especial de $0.245 por acci贸n, que se pagar谩 el 10 de diciembre de 2024, a los accionistas registrados hasta el 31 de octubre de 2024. La compa帽铆a se帽ala que las distribuciones pueden incluir un retorno de capital y/o ganancias de capital, con caracter铆sticas fiscales espec铆ficas que se reportar谩n en el Formulario 1099-DIV.
2. La compa帽铆a publicar谩 sus resultados financieros del tercer trimestre de 2024 el 7 de noviembre de 2024, seguido de una llamada de conferencia a las 11:30 a.m. ET. Los inversores pueden acceder a la llamada por tel茅fono o a trav茅s del sitio web de la compa帽铆a. Una repetici贸n estar谩 disponible hasta el 14 de noviembre de 2024, a trav茅s de varios canales.
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1. 欤茧嫻 $0.245鞚 韸闺硠 攵勲鞍臧 2024雲 12鞗 10鞚检棎 歆旮夒悩氅, 2024雲 10鞗 31鞚 旮办 欤检<鞐愱矊 歆旮夒惄雼堧嫟. 須岇偓電 攵勲鞍臧 鞛愲掣 頇橁笁 氚/霕愲姅 鞛愲掣 鞚挫澋鞚 韽暔頃 靾 鞛堨溂氅, 韸轨爼 靹戈笀 韸轨劚鞚 1099-DIV 鞏戩嫕鞐 氤搓碃霅 瓴冹澊霛缄碃 鞎岆牳鞀惦媹雼.
2. 須岇偓電 2024雲 3攵勱赴 鞛 瓴瓣臣毳 2024雲 11鞗 7鞚检棎 氚滍憸頃橂┌, 鞚错泟 鞓れ爠 11鞁 30攵(ET)鞐 旎嵓霟办姢 旖滌澊 歆勴枆霅╇媹雼. 韴瀽鞛愲姅 鞝勴檾 霕愲姅 須岇偓 鞗轨偓鞚错姼毳 韱淀暣 旖滌棎 鞝戧芳頃 靾 鞛堨姷雼堧嫟. 鞛儩鞚 2024雲 11鞗 14鞚缄箤歆 雼れ枒頃 毂勲剱鞚 韱淀暣 鞝滉车霅 瓴冹瀰雼堧嫟.
WhiteHorse Finance, Inc. (Nasdaq: WHF) a annonc茅 deux mises 脿 jour importantes :
1. Une distribution exceptionnelle de 0,245 $ par action, payable le 10 d茅cembre 2024, aux actionnaires enregistr茅s au 31 octobre 2024. La soci茅t茅 pr茅cise que les distributions peuvent inclure un retour de capital et/ou des plus-values, avec des caract茅ristiques fiscales sp茅cifiques qui seront rapport茅es sur le formulaire 1099-DIV.
2. La soci茅t茅 publiera ses r茅sultats financiers du troisi猫me trimestre 2024 le 7 novembre 2024, suivis d'une conf茅rence t茅l茅phonique 脿 11h30 ET. Les investisseurs peuvent acc茅der 脿 l'appel par t茅l茅phone ou via le site web de l'entreprise. Un enregistrement sera disponible jusqu'au 14 novembre 2024, par divers canaux.
WhiteHorse Finance, Inc. (Nasdaq: WHF) hat zwei wichtige Aktualisierungen bekannt gegeben:
1. Eine besondere Aussch眉ttung von $0,245 pro Aktie, die am 10. Dezember 2024 an Aktion盲re ausgezahlt wird, die am 31. Oktober 2024 registriert sind. Das Unternehmen merkt an, dass Aussch眉ttungen eine R眉ckzahlung von Kapital und/oder Kapitalgewinne umfassen k枚nnen, wobei spezifische steuerliche Merkmale auf dem Formular 1099-DIV berichtet werden.
2. Das Unternehmen wird seine Finanzergebnisse des dritten Quartals 2024 am 7. November 2024 ver枚ffentlichen, gefolgt von einer Telefonkonferenz um 11:30 Uhr ET. Anleger k枚nnen die Konferenz 眉ber das Telefon oder die Unternehmenswebsite erreichen. Eine Wiederholung wird bis zum 14. November 2024 眉ber verschiedene Kan盲le verf眉gbar sein.
- Special distribution of $0.245 per share announced
- None.
Insights
WhiteHorse Finance's announcement of a
The special distribution could be interpreted as a sign of strong financial performance or excess capital. However, without context on the company's regular dividend policy or recent financial results, it's challenging to gauge the full impact. Investors should note that the distribution may include a return of capital, which could affect their cost basis.
The upcoming Q3 2024 earnings release on November 7 will be important for understanding the company's current financial position and the sustainability of such distributions. Investors should pay close attention to key metrics like net investment income, portfolio quality and management's outlook during the earnings call.
Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distributions will be reported to stockholders on Form 1099-DIV after the end of the calendar year and in the Company's periodic reports filed with the Securities and Exchange Commission.
In addition, the Company today announced that it will release its third quarter financial results for the period ended September 30, 2024 on Thursday, November 7, 2024. The Company will discuss its financial results on a conference call that day at 11:30 a.m. ET.
To access the teleconference, please dial 800-343-4136 (domestic) or +1 203-518-9843 (international) approximately 10 minutes before the teleconference's scheduled start time and reference ID #WHFQ324. Investors may also access the call on the investor relations portion of the Company's website at .听
If you are unable to access the live teleconference, a replay will be available beginning approximately two hours after the call's completion through November 14, 2024. The teleconference replay can be accessed by dialing 800-839-9307 or +1 402-220-6085 for international callers. A webcast replay will also be available on the investor relations portion of the Company's website at .听
About WhiteHorse Finance, Inc.
WhiteHorse Finance is a business development company that originates and invests in loans to privately held, lower middle market companies across a broad range of industries. The Company's investment activities are managed by H.I.G. WhiteHorse Advisers, LLC, an affiliate of H.I.G. Capital, LLC, ("H.I.G. Capital"). H.I.G. Capital is a leading global alternative asset manager with over
Forward-Looking Statements
This press release 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 press release 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 press release.
Contacts
Stuart Aronson
WhiteHorse Finance, Inc.
212-506-0500
saronson@higwhitehorse.com
Joyson Thomas
WhiteHorse Finance, Inc.
305-379-2322
jthomas@higwhitehorse.com
Robert Brinberg
Rose & Company
212-257-5932
whitehorse@roseandco.com
* Based on total capital raised by H.I.G. Capital and affiliates.
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SOURCE WhiteHorse Finance, Inc.
FAQ
When will WhiteHorse Finance (WHF) pay its special distribution?
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