Whitehorse Finance Stock Performance and Recent Corporate Developments
1. Market Performance (as of 21 Oct 2026, 09:50 PM CET)
| Item | Value |
|---|---|
| Closing price | USD 7.66 |
| % change (24 h) | +2.42 % |
| Trading volume (last 24 h) | USD 752.6 k |
| Shares outstanding | 21.5 million |
| Market capitalization | USD 159.6 million |
| Simple moving average (200 days) | USD 6.97 |
| 52‑week high | USD 7.84 (09 Dec 2025) |
| 52‑week low | USD 6.07 (24 Feb 2026) |
| YTD change (since last month‑end) | +7.49 % |
2. Recent Corporate Announcement
Whitehorse Finance Inc. announced a debt arrangement to finance the acquisition of Be‑Cloud by QualityHosting, a portfolio company of PSG Equity. The funding will also provide capital for the combined entity’s growth and its merger‑and‑acquisition strategy. The transaction is intended to reinforce the group’s recurring‑revenue model and its leadership within the Microsoft cloud ecosystem, targeting SME customers across Europe. No details regarding the financial terms or execution timeline have been disclosed.
3. Comparison with Peer Stocks (last 24 h)
| Stock | % change | Current price | Market cap | P/E ratio |
|---|---|---|---|---|
| Akebia Therapeutics (AKBA) | –9.12 % | USD 0.60 | USD 188.5 million | – |
| Landmark (LARK) | –0.13 % | USD 30.87 | USD 190.6 million | 9.6 |
| Pennantpark Investment (PNNT) | –1.03 % | USD 2.82 | USD 190 million | 19.1 |
| Cb Services (CBFV) | +0.27 % | USD 37.67 | USD 190.3 million | 27.49 |
| Arrowmark (BANX) | +1.68 % | USD 19.85 | USD 190.4 million | 14.15 |
Arrowmark filed a current report on 20 Oct 2026, detailing a second amendment to its May 2022 credit agreement. The amendment, managed by Texas Capital Bank, expands revolving credit and extends the maturity to the third anniversary of the amendment. Funds will support banking‑related investments, other securities, and working‑capital needs.
4. Company Profile
- Name: WhiteHorse Finance, Inc.
- Structure: Managed, non‑diversified, closed‑end investment company.
- Headquarters: Miami, Florida.
- Core activity: Origination of senior secured loans to lower‑middle‑market companies across various industries.
- Investor base: United States.
- Website: www.whitehorsefinance.com
- Stock exchange: Nasdaq.
- IPO date: 5 Dec 2012.
