From GlobeNewswire: 2025-06-05 19:35:00

LRFC’s stockholders have shown strong support for the proposed merger with Portman Ridge Finance Corporation. The special meeting has been rescheduled to June 20, 2025, to allow more time for voting. Both Institutional Shareholder Services and Glass Lewis recommend voting “FOR” the merger. Stockholders can vote online or by phone using the control number on their proxy cards. The record date for voting remains May 6, 2025. LRFC’s Board of Directors unanimously recommends voting in favor of the merger. Voting promptly will help avoid delays in the Special Meeting. Proxy statements and prospectus can be accessed online.

LRFC is a business development company that invests in middle-market businesses. Portman Ridge Finance Corporation is a BDC investing in term loans and equity securities. Forward-looking statements in the communication discuss potential risks and uncertainties related to the merger. The communication is not an offer or solicitation. Shareholders are urged to read the Joint Proxy Statement and other relevant documents before voting. Participants in the solicitation include directors and officers of both PTMN and LRFC. Contact information for LRFC and The Equity Group Inc. is provided for inquiries.



Read more at GlobeNewswire: Logan Ridge Announces Change of Date to the Special Meeting