---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-040424"
form_type: "8-K"
ticker: "WHF"
cik: "0001552198"
company_name: "WhiteHorse Finance, Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:58:11.107833+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WhiteHorse Finance enters ATM equity distribution agreement for up to $35M common stock

## Summary
- Equity distribution agreement with B. Riley Securities as sales agent for at-the-market offering of common stock.
- Aggregate offering price of up to $35 million; sales depend on market conditions and trading price.
- Sales agent receives commission of up to 2.0% of gross sales price.
- Net proceeds expected to be used to invest in portfolio companies and for general corporate purposes.
- Agreement dated March 31, 2023; legal opinion from Dechert LLP included as exhibit.

## SEC filing metadata
- accession: 0001104659-23-040424
- form_type: 8-K
- ticker: WHF
- cik: 0001552198
- company_name: WhiteHorse Finance, Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552198/000110465923040424/0001104659-23-040424-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552198/000110465923040424/tm2311243d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-040424
- JSON: https://secwatch.observer/filing/0001104659-23-040424.json
- Plain text: https://secwatch.observer/filing/0001104659-23-040424.txt

## Key facts
- Material Agreements
  WhiteHorse Finance, Inc. entered into Equity Distribution Agreement with H.I.G. WhiteHorse Advisers, LLC, H.I.G. WhiteHorse Administration, LLC and B. Riley Securities, Inc. valued at up to $35 million (effective 2023-03-31).
  - Action: entry
  - Agreement: atm program
  - Counterparty: H.I.G. WhiteHorse Advisers, LLC, H.I.G. WhiteHorse Administration, LLC and B. Riley Securities, Inc.
  - Value: up to $35 million
  - Effective: 2023-03-31
  source text: On March 31, 2023, WhiteHorse Finance, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with H.I.G. WhiteHorse Advisers, LLC, H.I.G. WhiteHorse Administration, LLC and B. Riley Securities, Inc., as the sales agent (the “Sales Agent”), in connection with the sale of shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), with an aggregate offering price of up to $35 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552198/000110465923040424/0001104659-23-040424-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.