On October 31, 2019, Clear Harbor Asset Management, LLC announced that it has delivered a letter to the Board of Directors of Garrison Capital Inc. expressing its concerns with the Company's persistent underperformance. Clear Harbor Asset stated that despite considerable effort to work constructively with the Company to address the concerns facing the Company, the Board has failed to take substantive steps to improve Company performance and refuses to hold management accountable for its repeated failures. Clear Harbor Asset expressed its view that liquidation of the Company is the best solution in order to preserve stockholder value. Clear Harbor Asset added that it is available to discuss the matters raised in the letter at the Company’s board convenience.