NEW YORK, Nov. 03, 2016 (GLOBE NEWSWIRE) -- CM Finance Inc (the “Company”) (NASDAQ:CMFN) announced today that it
will reconvene its 2016 Annual Meeting of Stockholders (the “Annual Meeting”) on November 9, 2016 at 3:00 p.m. (Eastern Time) at
the offices of Sutherland Asbill & Brennan, LLP, The Grace Building, 40th Floor, 1114 Avenue of the Americas, New
York, NY 10036.
At the reconvened Annual Meeting, stockholders will vote on the proposal to authorize the Company, with the approval of the
Board of Directors, to sell or otherwise issue up to 25% of the Company’s outstanding common stock at an offering price that is
below the Company’s then current net asset value per share. This proposal is the second proposal described in detail in the
Company’s definitive proxy statement for the Annual Meeting as filed with the Securities and Exchange Commission on September 16,
2016 (the “Proxy Statement”).
Stockholders of record at the close of business on September 8, 2016 are entitled to notice of, and to vote at the Annual
Meeting and any adjournment or postponement of the meeting. As of September 8, 2016, the record date, 13,680,910 shares of common
stock were entitled to vote at the Annual Meeting. Stockholders who have already voted on the second proposal found in the Proxy
Statement need not submit another vote unless they wish to change their votes. Stockholders who have not voted or wish to change
their vote on the second proposal found in the Proxy Statement are encouraged to do so promptly. You may vote by signing your proxy
card and returning it promptly in the self-addressed envelope provided with your proxy card. You may also vote your proxy
electronically by telephone or over the Internet by following the instructions included with your proxy card. The Proxy
Statement and the Company’s annual report on Form 10-K for the year ended June 30, 2016 are available at the following cookies-free
website that can be accessed anonymously: www.proxyonline.com/docs/cmfinanceinc2016.pdf.
On November 3, 2016, prior to the adjournment of the Annual Meeting, Michael C. Mauer and Robert Ryder were elected to the
Company’s Board of Directors to serve for three-year terms expiring in 2019, or until their successors are duly elected and
qualified and the Company’s stockholders voted to approve the adjournment of the Annual Meeting, if necessary or appropriate, to
solicit additional proxies.
About CM Finance Inc
The Company is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated
as a business development company under the Investment Company Act of 1940. The Company’s investment objective is to maximize the
total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments
by targeting investment opportunities with favorable risk-adjusted returns. The Company seeks to invest primarily in middle-market
companies that have annual revenues of at least $50 million and earnings before interest, taxes, depreciation and amortization of
at least $15 million. The Company’s investment activities are managed by its investment adviser, CM Investment Partners LLC. To
learn more about CM Finance Inc., please visit www.cmfn-inc.com.
Forward-Looking Statements
Statements included herein may contain “forward-looking statements,” which relate to future performance or financial condition.
Statements other than statements of historical facts included in this press release may constitute forward-looking statements and
are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over
time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of
factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The
Company undertakes no duty to update any forward-looking statement made herein except as required by law. All forward-looking
statements speak only as of the date of this press release.
CONTACT: CM Finance Inc Investor Relations Email: investorrelations@cmfn-inc.com Phone: 212-257-5199
