present or represented by proxy; or (2) more than 50% of the outstanding voting securities of the Company, whichever is the less. Abstentions and Broker
Non-Votes will have the effect of a vote against this proposal. This proposal is considered a non-routine matter; accordingly, brokers cannot vote on this
proposal unless they have received voting instructions from the beneficial owner of the shares.
Additional Solicitation. If there
are not enough votes to approve any proposals at the Meeting, the stockholders who are represented may adjourn the Meeting to permit the further solicitation of proxies. The persons named as proxies will vote for such adjournment, unless such
proxies are marked to be voted against any proposal for which an adjournment is sought, in order to permit the further solicitation of proxies.
Also, a stockholder vote may be taken on one or more of the proposals in this Proxy Statement prior to any such adjournment if there are
sufficient votes for approval of such proposal(s).
Information Regarding This Solicitation
Our board of directors is making this proxy solicitation and the Company will bear the expense of the solicitation of proxies for the Meeting,
which is estimated to be approximately $40,000, including the cost of preparing, printing and mailing this Proxy Statement, the accompanying Notice of Annual Meeting of Stockholders, and proxy card. If brokers, trustees, or fiduciaries and other
institutions or nominees holding shares in their names, or in the name of their nominees, which are beneficially owned by others, forward the proxy materials to, and obtain proxies from, such beneficial owners, we will reimburse such persons for
their reasonable expenses in so doing. In addition, we will indemnify them against any losses arising out of that firms proxy soliciting services on our behalf.
In addition to the solicitation of proxies by the use of the mail, proxies may be solicited in person and/or by telephone or facsimile
transmission by directors, officers or employees of the Company and/or officers or employees of SLR Capital Partners, LLC (f/k/a Solar Capital Partners, LLC) (SLR Capital Partners), the Companys investment adviser. SLR Capital
Partners and SLR Capital Management, LLC (f/k/a Solar Capital Management, LLC) (SLR Capital Management), the Companys administrator, are both located at 500 Park Avenue, New York, New York 10022. No additional compensation will be
paid to directors, officers or regular employees of the Company or SLR Capital Partners for such services. The Company has also retained Morrow Sodali, LLC, 470 West Ave, Stamford, CT 06902, to assist in the solicitation of proxies for the Meeting
for a fee of approximately $10,000, plus reimbursement of certain out of pocket expenses.
Voting; Revocation of Proxy
Stockholders may also provide their voting instructions by telephone or through the Internet. These options require stockholders to input the
control number, which is located on each proxy card. After inputting this number, stockholders will be prompted to provide their voting instructions. Stockholders will have an opportunity to review their voting instructions and make any necessary
changes before submitting their voting instructions and terminating their telephone call or Internet link. Stockholders who vote via the Internet, in addition to confirming their voting instructions prior to submission, will also receive an e-mail confirming their instructions upon request.
If a stockholder wishes to participate in the
Meeting, but does not wish to give a proxy by telephone or electronically, the stockholder may still submit the proxy card originally sent with this Proxy Statement by mail or attend the Meeting virtually.
Any proxy given pursuant to this solicitation may be revoked by notice from the person giving the proxy at any time before it is exercised.
Any such notice of revocation should be provided in writing and signed by the stockholder in the same manner as the proxy being revoked and delivered to the Companys proxy tabulator.
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