On January 23, 2019, Medley Capital Corporation sent a letter to shareholders highlighting frequently asked questions regarding its proposed merger with Sierra Income Corporation and Sierra’s concurrent acquisition of Medley Management Inc. as well as the rationale for the transactions and why shareholders should vote for them. In addition, the Company stated that the special meeting of the Company shareholders to vote on the proposed merger will be held on February 8, 2019. Further, the Company urged the shareholders to vote for the Transaction.