BOSTON--(BUSINESS WIRE)--Ironsides Partners LLC and its affiliates (collectively, “Ironsides”), one of the largest stockholders of Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) (“FSFR” or the “Company”) with a combined ownership interest of approximately 6.4% of FSFR’s outstanding shares has mailed a letter to FSFR stockholders.
(See: Ironsides’ Letter to FSFR Stockholders)
The letter urges stockholders to vote the GREEN card “FOR” the election of Robert C. Knapp and Richard W. Cohen to FSFR’s Board of Directors and “FOR” the termination of the investment advisory agreement with FSFR’s external manager, Fifth Street Management LLC (“FSM”) at FSFR’s Annual Meeting of Stockholders on April 7, 2016. In addition, the letter stresses that immediate change is needed at FSFR and that a sale of the Company is the best way to deliver value to FSFR stockholders.
| For questions or assistance in voting your shares, please contact: |
|
OKAPI PARTNERS LLC |
|
1212 Avenue of the Americas, 24th Floor |
|
New York, N.Y. 10036 |
|
(212) 297-0720 |
|
Stockholders Call Toll-Free at: (855) 305-0856 |
|
E-mail: fixFSFR@okapipartners.com |
About Ironsides
Ironsides Partners LLC is an investment management firm and SEC-registered investment adviser based in Boston, Massachusetts. The firm was founded in 2007 by Robert C. Knapp, who serves as Managing Director.
Ironsides has filed with the SEC, and mailed to stockholders, a definitive proxy statement with respect to its solicitation of proxies for the 2016 annual meeting of Fifth Street Senior Floating Rate Corp. The definitive proxy statement and other documents filed by Ironsides with the SEC may be obtained free of charge at the SEC's website at www.sec.gov or by contacting Okapi Partners at fixFSFR@okapipartners.com. Investors should read the definitive proxy statement and related materials carefully before making any voting decision because they contain important information.