November 9, 2023
Apollo Tactical Income Fund Inc. Investigation
We are investigating possible breaches of fiduciary duty and other violations of law by the Apollo Tactical Income Fund Inc. (the “Company,” NYSE: AIF) board of directors in connection with its proposed merger with MidCap Financial Investment Corporation (NASDAQ: MFIC). Under the merger agreement, AIF shareholders will receive newly issued shares of MFIC common stock based on the ratio, determined shortly before the closing of each Merger, of the net asset value (“NAV”) per share of AIF divided by the NAV per share of MFIC.
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