Whitehorse Stock Price, News & Analysis

WhiteHorse Finance will release its third quarter financial results for the period ending September 30, 2021 on November 9, 2021, at 2:00 p.m. ET. The results will be discussed during a teleconference, which investors can join by calling 877-876-9177. A replay will be available until November 16, 2021. WhiteHorse Finance, managed by H.I.G. Capital, focuses on loans to lower middle-market companies.

WhiteHorse Finance, Inc. (Nasdaq: WHF) has announced the pricing of an underwritten primary offering of 1,900,000 shares at $15.81 each, aiming for net proceeds of approximately $29.1 million. The offering includes a 30-day option for underwriters to purchase an additional 285,000 shares. Proceeds will be utilized for investing in portfolio companies and general corporate purposes. The offering is scheduled to close on October 25, 2021. Joint book-running managers include Raymond James and Deutsche Bank.

WhiteHorse Finance, Inc. (Nasdaq: WHF) announced an underwritten primary offering of its common stock. The company plans to utilize the net proceeds from this offering primarily to invest in portfolio companies in line with its investment objectives and strategies. The offering will be made under the company’s shelf registration statement, which has been approved by the Securities and Exchange Commission. Leading investment firms such as Raymond James & Associates, Deutsche Bank Securities, and Keefe, Bruyette & Woods are acting as joint book-running managers for this offering.

WhiteHorse Finance, Inc. (Nasdaq: WHF) has declared a special distribution of $0.135 per share, set to be paid on December 10, 2021. Stockholders of record as of October 29, 2021 will receive this payment. Distributions may include a return of capital and/or capital gains, with specific tax characteristics reported on Form 1099-DIV post-year-end. The company focuses on originating and investing in loans to privately held, lower middle-market firms across various industries, managed by H.I.G. WhiteHorse Advisers, part of H.I.G. Capital, which oversees over $45 billion in assets.

WhiteHorse Finance reported a net asset value of $319.6 million or $15.42 per share for Q2 2021, an increase from $314.3 million in Q1 2021. The company declared a distribution of $0.355 per share for Q3 2021, payable on October 4, 2021. Net investment income rose 17.3% year-over-year to $6.1 million, while core net investment income increased 34.6% to $7.0 million. Investment activity included $103.8 million in gross deployments. However, net realized and unrealized gains decreased to $4.4 million from $17.6 million in the prior year, reflecting market conditions.

WhiteHorse Finance, Inc. (Nasdaq: WHF) will announce its second quarter financial results for the period ending June 30, 2021, on August 9, 2021, at 1:00 p.m. ET. This financial update will include a conference call discussing the results, which investors can join by dialing 877-876-9174. A replay of the call will be available shortly after through August 16, 2021. The company, managed by H.I.G. Capital, focuses on investing in loans for lower middle market companies, managing approximately $44 billion in assets.

WhiteHorse Finance, Inc. (WHF) reported its financial results for Q1 2021, noting a net asset value of $314.3 million, or $15.27 per share. The investment portfolio totaled $617.0 million, with gross investment deployments of $57.7 million. Net investment income increased by approximately 24.6% year-over-year to $7.6 million ($0.370 per share). The board declared a distribution of $0.355 per share for the quarter ending June 30, 2021, payable on July 2, 2021. Key metrics highlight robust performance, including a significant recovery from the previous year’s losses.

WhiteHorse Finance, Inc. (Nasdaq: WHF) will announce its first quarter financial results for the period ending March 31, 2021, on May 10, 2021. Investors can participate in a teleconference at 1:00 p.m. ET to discuss these results. The call will be accessible via phone and through the company's website, with a replay available two hours post-call until May 24, 2021. WhiteHorse Finance specializes in originating loans to privately held, lower middle market companies across diverse sectors, managed by H.I.G. WhiteHorse Advisers, LLC.

WhiteHorse Finance (WHF) reported its financial results for the year ended December 31, 2020. The net asset value stood at $312.9 million, or $15.23 per share. Total investment portfolio reached $690.7 million, with gross investment deployments of $286.9 million for the year. Net investment income dropped to $24.2 million, a decrease of 22.4% year-over-year. The company declared a distribution of $0.355 per share for Q1 2021, payable on April 5. CEO Stuart Aronson highlighted a record origination volume in Q4 2020 despite market challenges.