Logan Ridge Finance Corp. Announces Termination of Key Agreement and Faces Delisting Notice for Listing Rule Non-Compliance

Reuters07-17

<a href="https://laohu8.com/S/LRFC">Logan Ridge Finance Corp.</a> Announces Termination of Key Agreement and Faces Delisting Notice for Listing Rule Non-Compliance

Logan Ridge Finance Corp. has announced a regulatory development concerning its compliance with stock exchange listing requirements. The company has filed a notice of delisting or failure to satisfy a continued listing rule, which may impact its stock's status on the exchange. This comes amid a series of corporate actions, including the termination of a material definitive agreement related to a merger plan with Portman Ridge Finance Corporation. The merger agreement, initially set in January 2025, also involved a side letter agreement that included a pre-closing cash payment to shareholders. The delisting notice indicates that Logan Ridge Finance Corp. is addressing challenges in maintaining its listing status, although further details about specific rule violations were not disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Logan Ridge Finance Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-035073), on July 16, 2025, and is solely responsible for the information contained therein.

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