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SLR Investment Corp. and SLR Senior Investment Corp. Announce Approval of Merger

March 22, 2022, 07:45 AM
Filed Under: Industry News

SLR Investment Corp. and SLR Senior Investment Corp. announced that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022.

Stockholders voted overwhelmingly in favor of the proposals relating to the Merger, as approximately 95% of voting SUNS stockholders and approximately 98% of voting SLRC stockholders supported the Merger. The transaction is currently expected to close on or about April 1, 2022, subject to the satisfaction of customary closing conditions.

“We would like to thank both SLRC and SUNS stockholders for their overwhelming support of the transaction,” said Michael Gross, Co-Chief Executive Officer of SLR Investment Corp. and SLR Senior Investment Corp. “We look forward to completing the merger and leveraging the benefits provided by the larger combined company which will operate with greater scale, portfolio diversity and financial flexibility.”

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