{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-000543","form_type":"8-K","ticker":"WHF","cik":"0001552198","company_name":"WhiteHorse Finance, Inc.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.578721+00:00","generated_at":"2026-06-06T18:18:36.915670+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"WhiteHorse Finance receives Nasdaq non-compliance notice after director Kevin Burke's death","bullets":["Director Kevin F. Burke passed away on Jan 13, 2024; board now has 6 members, only 3 independent.","Nasdaq notified WhiteHorse on Jan 24, 2024 of non-compliance with majority independent director rule (Listing Rule 5605).","Cure period: until earlier of next annual meeting or Jan 16, 2025; if meeting before July 15, 2024, then July 15, 2024.","Company is engaged in efforts to regain compliance within the cure period."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-000543","json":"https://secwatch.observer/filing/0001558370-24-000543.json","markdown":"https://secwatch.observer/filing/0001558370-24-000543.md","text":"https://secwatch.observer/filing/0001558370-24-000543.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552198/000155837024000543/0001558370-24-000543-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552198/000155837024000543/whf-20240124x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:18:36.915670+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f07555a58a333cce66eabb2939355fe9fd3b28ea","claim":"WhiteHorse Finance, Inc. received a nasdaq noncompliance notice notice regarding board independence (rules 5605).","evidence_excerpt":"January 24, 2024, the Company received a notice (the “Notice”) from the Listing Qualifications Department of Nasdaq notifying the Company that, as a result of the death of Mr. Burke, the Company no longer complies with Nasdaq’s independent director requirement as set forth in Listing Rule 5605, which requires Nasdaq-listed companies to have a board of directors comprised of a majority of independent directors. ​ Consistent with Listing Rule 5605(b)(1)(A), the Notice provides that Nasdaq will provide the Company a cure period in order to regain compliance as follows (the “Cure Period”): until t","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1552198/000155837024000543/0001558370-24-000543-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"board independence"},{"label":"Rules","value":"5605"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}