---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-010645"
form_type: "8-K"
ticker: "WHF"
cik: "0001552198"
company_name: "WhiteHorse Finance, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:32:37.519260+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WhiteHorse Finance Q2 NII $0.282/share; NAV falls to $11.82; declares $0.385 dividend

## Summary
- Net investment income of $6.56M ($0.282/share), down from $6.84M ($0.294/share) in Q1 2025.
- NAV per share fell to $11.82 from $12.11; net realized losses of $22.0M offset by unrealized gains of $17.7M.
- Quarterly distribution maintained at $0.385/share; payable Oct 3, 2025 to holders of record Sep 19, 2025.
- Portfolio fair value $629.3M across 71 cos; weighted avg yield 11.9%; added $33.1M in new investments.
- CEO cites portfolio-specific challenges and progress on underperforming investments; NII below prior-year levels.

## SEC filing metadata
- accession: 0001558370-25-010645
- form_type: 8-K
- ticker: WHF
- cik: 0001552198
- company_name: WhiteHorse Finance, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552198/000155837025010645/0001558370-25-010645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552198/000155837025010645/whf-20250807x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-010645
- JSON: https://secwatch.observer/filing/0001558370-25-010645.json
- Plain text: https://secwatch.observer/filing/0001558370-25-010645.txt

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