NEW YORK, Nov. 03, 2016 (GLOBE NEWSWIRE) -- CM Finance Inc (the "Company") (NASDAQ:CMFN) announced today that it will reconvene its 2016 Annual Meeting of Stockholders (the "Annual Meeting") on November 9, 2016 at 3:00 p.m. (Eastern Time) at the offices of Sutherland Asbill & Brennan, LLP, The Grace Building, 40 th Floor, 1114 Avenue of the Americas, New York, NY 10036. At the reconvened Annual Meeting, stockholders will vote on the proposal to authorize the Company, with the approval of the Board of Directors, to sell or otherwise issue up to 25% of the Company's outstanding common stock at an offering price that is below the Company's then current net asset value per share. This proposal is the second proposal described in detail in the Company's definitive proxy statement for the Annual Meeting as filed with the Securities and Exchange Commission on September 16, 2016 (the "Proxy Statement"). Stockholders of record at the close of business on September 8, 2016 are entitled to notice of, and to vote at the Annual Meeting and any adjournment or postponement of the meeting. As of September 8, 2016, the record date, 13,680,910 shares of common stock were entitled to vote at the Annual Meeting. Stockholders who have already voted on the second proposal found in the Proxy Statement need not submit another vote unless they wish to change their votes. Stockholders who have not voted or wish to change their vote on the second proposal found in the Proxy Statement are encouraged to do so promptly. You may vote by signing your proxy card and returning it promptly in the self-addressed envelope provided with your proxy card. You may also vote your proxy electronically by telephone or over the Internet by following the instructions included with your proxy card. The Proxy Statement and the Company's annual report on Form 10-K for the year ended June 30, 2016 are available at the following cookies-free website that can be accessed anonymously: www.proxyonline.com/docs/cmfinanceinc2016.pdf . On November 3, 2016, prior to the adjournment of the Annual Meeting, Michael C. Mauer and Robert Ryder were elected to the Company's Board of Directors to serve for three-year terms expiring in 2019, or until their successors are duly elected and qualified and the Company's stockholders voted to approve the adjournment of the Annual Meeting, if necessary or appropriate, to solicit additional proxies.