Item 3. Legal Proceedings
ITEM 3. LEGAL PROCEEDINGS
Neither we nor our wholly owned subsidiaries
are currently subject to any material legal proceedings. From time to time, we, our consolidated subsidiaries and/or Saratoga Investment
Advisors may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement
of our rights under contracts with our portfolio companies. Our business also is subject to extensive regulation, which may result in
regulatory proceedings against us.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
59
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.