Horizon Techn Stock Price, News & Analysis

Horizon Technology Finance (NASDAQ: HRZN) reported its Q2 2025 financial results and announced a significant merger with Monroe Capital Corp (NASDAQ: MRCC). The company posted net investment income of $11.4 million ($0.28 per share), down from $12.9 million ($0.36 per share) in Q2 2024. The total investment portfolio stood at $622.7 million with a debt portfolio yield of 15.8%.

Key highlights include funding of seven loans totaling $59.7 million, liquidity events from seven portfolio companies, and an increased debt facility commitment of $100 million. The company's NAV decreased to $6.75 per share from $9.12 year-over-year, primarily due to challenging venture capital conditions. HRZN maintained strong liquidity with $81.2 million in cash and $329.0 million in credit facility capacity.

The company declared monthly distributions of $0.11 per share through December 2025 and reported undistributed spillover income of $0.94 per share.

Monroe Capital Corporation (NASDAQ: MRCC) has announced a significant strategic merger with Horizon Technology Finance Corporation (NASDAQ: HRZN). The transaction involves two key steps: First, Monroe Capital Income Plus Corporation (MCIP) will acquire MRCC's assets at fair value. Subsequently, MRCC will merge with HRZN in a NAV-for-NAV exchange, with HRZN as the surviving entity.

The merger will create a combined entity with approximately $446 million in NAV, with former MRCC shareholders owning about 37% of HRZN. Key benefits include enhanced scale, operational cost savings, and improved trading liquidity. HTFM has agreed to a $4 million fee waiver over the first four quarters post-closing. The transaction is expected to close in Q4 2025, subject to shareholder and regulatory approvals.

Horizon Technology Finance (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital and private equity-backed companies, will release its Q2 2025 financial results on August 7, 2025, after market close.

The company will host a conference call at 5:00 p.m. ET featuring remarks from CEO Mike Balkin, SVP & CIO Paul Seitz, and EVP & CFO Dan Trolio. Investors can join via phone or listen to the webcast on the company's website, which will be archived for 30 days.

Horizon Technology Finance Management (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital and private equity backed companies, has appointed Danny Hurwitz as Managing Director. Hurwitz brings over 30 years of experience in investment banking and institutional equity sales.

In his new role, Hurwitz will focus on originating new investments, particularly through investment banking, investor relations, and broker channels, with an emphasis on lending to small-cap public companies. Prior to joining Horizon, he served as Managing Director at Seaport Global, where he successfully expanded the firm's client base and capital-raising network.

Horizon Technology Finance (NASDAQ: HRZN) has released its Q2 2025 portfolio update, highlighting $59.7 million in new loan originations across multiple sectors including medical devices, education, and EV charging. The company experienced significant liquidity events, with $79.8 million in loan payoffs and $0.8 million in equity and warrant proceeds.

The quarter ended with a committed backlog of $149.0 million to 16 companies, down from $235.5 million in Q1 2025. HRZN maintains a portfolio of warrant and equity positions in 99 portfolio companies, including 86 private companies. The company received $15.7 million in regularly scheduled principal payments and closed $66.2 million in new loan commitments to five companies during Q2 2025.

Horizon Technology Finance Corporation (NASDAQ: HRZN) has appointed Paul Seitz as its new Chief Investment Officer, while current COO and CIO Daniel Devorsetz will step down but remain involved through September 2025. Seitz joins from Monroe Capital where he served as Managing Director and Head of Software Underwriting, bringing over 10 years of technology lending experience. His background includes roles at TriplePoint Capital, NXT Capital, and Duff & Phelps, with expertise in software underwriting and managing tech-focused portfolios. The appointment aims to strengthen HRZN's relationship with Monroe Capital and leverage their broader capabilities to enhance shareholder value.

Horizon Technology Finance (NASDAQ: HRZN) announced a significant leadership transition as Michael P. Balkin has been appointed as the new Chief Executive Officer, effective June 5, 2025. This appointment comes as part of the company's succession planning, with current CEO Robert D. Pomeroy, Jr. and President Gerald A. Michaud announcing their retirements.

Balkin, who has served as an independent director since June 2023, brings over three decades of experience, including roles as Partner and Co-Manager of the Small-Cap Growth Fund at William Blair and Partner/CIO at Magnetar Investment Management. Pomeroy will continue as Chairman of the Board, while Michaud will remain involved through 2025.

The new CEO plans to maintain Horizon's focus on venture debt portfolio growth, emphasizing high-quality, small-cap growth companies, while pursuing the company's investment objective of generating current income from debt investments and capital appreciation from warrants.

Horizon Technology Finance (NASDAQ: HRZN), a specialty finance company affiliated with Monroe Capital, has announced its upcoming monthly distributions for Q3 2025. The company will distribute $0.11 per share each month in July, August, and September 2025, totaling $0.33 per share.

Key distribution dates include:

• July payment: Ex-dividend and record date June 16, payment on July 15
• August payment: Ex-dividend and record date July 16, payment on August 15
• September payment: Ex-dividend and record date August 18, payment on September 16

Since its IPO in 2010, Horizon has distributed $313 million to shareholders. The company maintains a Dividend Reinvestment Plan (DRIP), allowing stockholders to automatically reinvest distributions into additional shares unless they opt out. DRIP shares can be issued as new stock or purchased from the open market, with valuation based on closing prices or average purchase prices respectively.

Horizon Technology Finance (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital-backed companies, has scheduled its first quarter 2025 financial results announcement for April 29, 2025, after market close.

The company will host a conference call on April 30, 2025, at 9:00 a.m. ET to discuss the results. Key executives including CEO Robert D. Pomeroy, Jr., President Gerald A. Michaud, COO/CIO Daniel S. Devorsetz, and CFO Daniel R. Trolio will participate in the call.

Investors can join via phone at (877) 407-9716 (domestic) or (201) 493-6779 (international) using conference ID 13752635, or through a live webcast on the company's website. The webcast recording will be available for 30 days following the call.