---
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"
generated_at: "2026-06-06T18:18:36.915670+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WhiteHorse Finance receives Nasdaq non-compliance notice after director Kevin Burke's death

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000543
- JSON: https://secwatch.observer/filing/0001558370-24-000543.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000543.txt

## Key facts
- Listing & Compliance Notices
  WhiteHorse Finance, Inc. received a nasdaq noncompliance notice notice regarding board independence (rules 5605).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: board independence
  - Rules: 5605
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1552198/000155837024000543/0001558370-24-000543-index.htm

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