other material
confidence high
sentiment positive
materiality 0.55
WhiteHorse Finance reduces base management fee to 1.75% of gross assets
WhiteHorse Finance, Inc.
- Second Amended and Restated Investment Advisory Agreement reduces base fee to 1.75% annual rate on consolidated gross assets including cash and borrowed funds.
- Reduced fee effective January 1, 2024.
- Agreement with H.I.G. WhiteHorse Advisers, LLC; substantially same as prior except fee change.
- Incorporated by reference to Exhibit 10.5 of the March 5, 2024 10-K.