Judge Rules for TICC Capital, Denies NexPoint Advisors Motion for Preliminary Injunction

TICC Capital Corp.

announced today that the United States District Court for the District of Connecticut has denied NexPoint Advisors, L.P.'s ("NexPoint") motion for preliminary injunction seeking to have its director nominees recognized on the ballot for TICC's previously announced special meeting of stockholders. The Court recognized that, as disclosed in TICC's proxy materials, TICC's board would only be expanded if TICC's stockholders voted in favor of the new investment advisory agreement with an affiliate of Benefit Street Partners, LLC ("BSP"). The Court rejected NexPoint's claim that it had the right to put six directors up for election at the special meeting. The Court recognized that NexPoint's