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 sarà 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 pubblicherà 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 sarà disponibile fino al 14 novembre 2024, attraverso vari canali.
WhiteHorse Finance, Inc. (Nasdaq: WHF) ha anunciado dos actualizaciones clave:
1. Una distribución especial de $0.245 por acción, que se pagará el 10 de diciembre de 2024, a los accionistas registrados hasta el 31 de octubre de 2024. La compañía señala que las distribuciones pueden incluir un retorno de capital y/o ganancias de capital, con características fiscales específicas que se reportarán en el Formulario 1099-DIV.
2. La compañía publicará 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 teléfono o a través del sitio web de la compañía. Una repetición estará disponible hasta el 14 de noviembre de 2024, a través de varios canales.
WhiteHorse Finance, Inc. (Nasdaq: WHF)는 두 가지 주요 업데이트를 발표했습니다:
1. 주당 $0.245의 특별 분배가 2024년 12월 10일에 지급되며, 2024년 10월 31일 기준 주주에게 지급됩니다. 회사는 분배가 자본 환급 및/또는 자본 이익을 포함할 수 있으며, 특정 세금 특성은 1099-DIV 양식에 보고될 것이라고 알렸습니다.
2. 회사는 2024년 3분기 재무 결과를 2024년 11월 7일에 발표하며, 이후 오전 11시 30분(ET)에 컨퍼런스 콜이 진행됩니다. 투자자는 전화 또는 회사 웹사이트를 통해 콜에 접근할 수 있습니다. 재생은 2024년 11월 14일까지 다양한 채널을 통해 제공될 것입니다.
WhiteHorse Finance, Inc. (Nasdaq: WHF) a annoncé deux mises à jour importantes :
1. Une distribution exceptionnelle de 0,245 $ par action, payable le 10 décembre 2024, aux actionnaires enregistrés au 31 octobre 2024. La société précise que les distributions peuvent inclure un retour de capital et/ou des plus-values, avec des caractéristiques fiscales spécifiques qui seront rapportées sur le formulaire 1099-DIV.
2. La société publiera ses résultats financiers du troisième trimestre 2024 le 7 novembre 2024, suivis d'une conférence téléphonique à 11h30 ET. Les investisseurs peuvent accéder à l'appel par téléphone 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 Ausschüttung von $0,245 pro Aktie, die am 10. Dezember 2024 an Aktionäre ausgezahlt wird, die am 31. Oktober 2024 registriert sind. Das Unternehmen merkt an, dass Ausschüttungen eine Rückzahlung von Kapital und/oder Kapitalgewinne umfassen können, 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 veröffentlichen, gefolgt von einer Telefonkonferenz um 11:30 Uhr ET. Anleger können die Konferenz über das Telefon oder die Unternehmenswebsite erreichen. Eine Wiederholung wird bis zum 14. November 2024 über verschiedene Kanäle verfügbar 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 www.whitehorsefinance.com.
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 www.whitehorsefinance.com.
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
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