LRFC shareholders approve merger with PTMN; PTMN meeting adjourned to June 27

Logan Ridge Finance Corp.

LRFC shareholders voted 89.4% in favor (1,628,011 for, 192,390 against) to approve merger with PTMN.
PTMN's shareholder meeting on June 20 was adjourned; reconvenes June 27 to vote on stock issuance for merger.
Merger expected to close shortly after PTMN approval and satisfaction of customary closing conditions.
Combined company aims for greater scale, enhanced diversification, and improved access to capital.

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