Form 4: WhiteHorse Finance Director Anthony Tamer Reports Sale of 1,000,000 Shares by H.I.G. Bayside Loan Opportunity Fund IV, L.P.

Anthony Tamer, a director of WhiteHorse Finance, reports the sale of 1,000,000 shares of common stock by H.I.G. Bayside Loan Opportunity Fund IV, L.P. at $12.15 per share.

Summary

• On May 29, 2024, H.I.G. Bayside Loan Opportunity Fund IV, L.P. (the 'Bayside Fund') sold 1,000,000 shares of WhiteHorse Finance, Inc. common stock at a price of $12.15 per share.
• The sale was made to an institutional investor in a block trade.
• Following the transaction, the Bayside Fund holds 3,976,258 shares of WhiteHorse Finance common stock.
• Anthony Tamer, as a control person of H.I.G.-GPII, Inc., the manager of the general partner of the Bayside Fund, may be viewed as having investment power over the shares owned by the Bayside Fund.
• Tamer also may be viewed as having investment power over 450,439 shares of common stock owned by THM Selector, LLC due to his control of the entity.
• Tamer disclaims beneficial ownership of the shares held by the Bayside Fund and THM Selector, LLC, except to the extent of his direct pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a significant shareholder. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell the company's stock. This filing provides transparency into the transactions of company insiders.

Stakeholder Impact

• The sale of a large block of shares could potentially create short-term price volatility for shareholders.
• Institutional investors may analyze this transaction as part of their investment decisions regarding WhiteHorse Finance.

Key Dates