CM Finance Inc. has filed a preliminary prospectus for the sale of up to $500 million of securities from time to time and the sale of up to 6,000,004 common shares by selling stockholders.

The filing covers the sale of common stock, preferred stock, debt securities, subscription rights or warrants to purchase common stock, preferred stock or debt securities. The proposed maximum aggregate offering price of the shares sold by shareholders is about $48.5 million.

The company will use the net proceeds to make new investments in portfolio companies, to reduce a portion of outstanding borrowings under the financing facilities and for general working capital purposes.