Horizon Technology Finance Corporation filings document a specialty finance issuer focused on debt investments and related warrant and equity positions in technology, life science, healthcare information and services, and sustainability companies. Recent 8-K filings record operating and financial results, board-declared regular and special distributions, shareholder voting matters, and capital-structure details for common stock and the 6.25% Notes due 2027.
The filing record also documents material agreements and corporate actions, including the completed Monroe Capital Corporation merger and the HRZN CRFH LLC joint venture, along with governance and investment-committee arrangements relevant to those events.
Horizon Technology Finance Corporation reported stable book value but softer income for the quarter ended March 31, 2026. Total assets were $791,647 thousand, down from $811,104 thousand at December 31, 2025, while total investments at fair value rose to $695,697 thousand from $647,244 thousand.
Borrowings decreased to $447,166 thousand from $473,027 thousand, and net assets increased to $333,863 thousand from $318,502 thousand, keeping net asset value per common share at $6.98. Net investment income was $8,971 thousand versus $10,719 thousand a year earlier.
After net realized and unrealized losses of $6,193 thousand, the net increase in net assets from operations was $2,778 thousand, improving from a $21,436 thousand decrease in the prior-year quarter. Cash, cash equivalents and restricted cash declined to $73,262 thousand, and the company declared distributions of $0.18 per share.
Horizon Technology Finance Corporation reported stable book value but softer income for the quarter ended March 31, 2026. Total assets were $791,647 thousand, down from $811,104 thousand at December 31, 2025, while total investments at fair value rose to $695,697 thousand from $647,244 thousand.
Borrowings decreased to $447,166 thousand from $473,027 thousand, and net assets increased to $333,863 thousand from $318,502 thousand, keeping net asset value per common share at $6.98. Net investment income was $8,971 thousand versus $10,719 thousand a year earlier.
After net realized and unrealized losses of $6,193 thousand, the net increase in net assets from operations was $2,778 thousand, improving from a $21,436 thousand decrease in the prior-year quarter. Cash, cash equivalents and restricted cash declined to $73,262 thousand, and the company declared distributions of $0.18 per share.
Horizon Technology Finance Corporation announced that its board approved cash distributions totaling $0.27 per share for the third quarter of 2026. Stockholders will receive regular monthly dividends of $0.06 per share in July, August and September 2026, adding up to $0.18 per share.
The company also approved special monthly cash distributions of $0.03 per share for each of those three months, totaling $0.09 per share. Horizon notes that these specials reflect its intent to distribute undistributed net investment or “spillover” income. It highlights that since its 2010 IPO, it has paid $368 million in total distributions and continues to offer a Dividend Reinvestment Plan for shareholders who prefer shares instead of cash.
Horizon Technology Finance Corporation announced that its board approved cash distributions totaling $0.27 per share for the third quarter of 2026. Stockholders will receive regular monthly dividends of $0.06 per share in July, August and September 2026, adding up to $0.18 per share.
The company also approved special monthly cash distributions of $0.03 per share for each of those three months, totaling $0.09 per share. Horizon notes that these specials reflect its intent to distribute undistributed net investment or “spillover” income. It highlights that since its 2010 IPO, it has paid $368 million in total distributions and continues to offer a Dividend Reinvestment Plan for shareholders who prefer shares instead of cash.
Horizon Technology Finance Corporation reported first quarter 2026 net investment income of $8.97 million, or $0.19 per share, on total investment income of $24.1 million, slightly below the prior-year period. Net assets were $333.9 million, with net asset value steady at $6.98 per share.
The debt portfolio carried a 15.2% dollar‑weighted annualized yield on average debt investments, with 41 secured loans at a fair value of $645.6 million and total investments at $695.7 million. The loan portfolio’s weighted average internal credit rating was 3.0, and four loans were rated 1 with a fair value of $24.3 million.
Horizon completed its merger with Monroe Capital Corporation on April 14, 2026, receiving approximately $141.1 million in cash and issuing 20,370,645 shares. Former MRCC stockholders own 29.86% of the combined company. Net debt‑to‑equity leverage was 113% with an asset coverage ratio of 174%. The board declared third-quarter 2026 regular and special monthly distributions totaling $0.27 per share, supported by undistributed spillover income of $0.52 per share.
Horizon Technology Finance Corporation reported first quarter 2026 net investment income of $8.97 million, or $0.19 per share, on total investment income of $24.1 million, slightly below the prior-year period. Net assets were $333.9 million, with net asset value steady at $6.98 per share.
The debt portfolio carried a 15.2% dollar‑weighted annualized yield on average debt investments, with 41 secured loans at a fair value of $645.6 million and total investments at $695.7 million. The loan portfolio’s weighted average internal credit rating was 3.0, and four loans were rated 1 with a fair value of $24.3 million.
Horizon completed its merger with Monroe Capital Corporation on April 14, 2026, receiving approximately $141.1 million in cash and issuing 20,370,645 shares. Former MRCC stockholders own 29.86% of the combined company. Net debt‑to‑equity leverage was 113% with an asset coverage ratio of 174%. The board declared third-quarter 2026 regular and special monthly distributions totaling $0.27 per share, supported by undistributed spillover income of $0.52 per share.
Horizon Technology Finance Corporation filed Amendment No. 1 to its Form 10‑K for the year ended December 31, 2025 to add Part III information that was originally expected to come from its proxy statement. The amendment updates disclosures on directors, executive officers, board committees, governance policies, executive and director compensation, security ownership and related‑party transactions, and refreshes the exhibit list and officer certifications.
The filing confirms eight directors as of March 3, 2026, with six independent, and describes the Audit, Nominating and Corporate Governance, and Compensation Committees and their charters. It notes independent directors’ cash retainers, total 2025 director fees of $723,702, and that executive officers are paid by the external advisor under existing agreements. The amendment also highlights the August 7, 2025 merger agreement with Monroe Capital Corporation, the 2025 co‑investment order from the SEC, and auditor RSM US LLP’s 2025 fees.
Horizon Technology Finance Corporation filed Post-Effective Amendment No. 1 to its Form N-14 (Registration No. 333-290114) to update an exhibit to the registration statement. The amendment limits changes to Part C and an updated exhibit list and does not otherwise alter the registration statement.
Horizon Technology Finance Corp director ALLISON THOMAS J. acquired 49,926 shares of common stock as part of the completion of a merger with Monroe Capital Corporation. The shares were received at no cash cost in a grant/award-type acquisition.
Under the Merger Agreement, each share of Monroe Capital Corporation common stock was converted into the right to receive 0.9402 shares of Horizon Technology Finance Corp common stock. Following this merger-related issuance, Allison directly holds 49,926 Horizon common shares.
Horizon Technology Finance Corp Chief Investment Officer Paul G. Seitz acquired 142 shares of common stock, coded as a grant or award, at a price of $0.00 per share. This brought his direct holdings to 742 shares. The shares were received pursuant to the completion of a merger covered by an Agreement and Plan of Merger dated August 7, 2025, under which each Monroe Capital Corporation common share converted into the right to receive 0.9402 Horizon Technology Finance Corp common shares. The market price of Horizon Technology Finance Corp common stock at the close of trading on April 13, 2026, the last trading day before the merger closed, was $4.57.
Horizon Technology Finance Corp director and Chief Executive Officer Michael Balkin reported an acquisition of common stock tied to the completion of a merger. He received 93,527 shares of Horizon common stock at no cash cost, described as a grant or award acquisition.
Following this transaction, Balkin directly holds 103,527 shares of Horizon common stock. In addition, he has an indirect holding of 20,000 shares through a revocable trust for which he serves as trustee.
According to the merger agreement, each share of Monroe Capital Corporation common stock was converted into the right to receive 0.9402 shares of Horizon common stock, based on a market price of $4.57 per Horizon share on the trading day before the merger closed.
Horizon Technology Finance Corp filed a Form 3 for director Allison Thomas J., identifying this person as a reporting insider of the company. The excerpt does not show any share transactions or derivative positions, indicating this is a status and initial ownership reporting filing.
Horizon Technology Finance Corporation completed its merger with Monroe Capital Corporation, creating a larger specialty finance platform. The combined company has approximately $471.7 million of net assets on a pro forma basis immediately after closing, including about $141.1 million in cash from the transaction.
Horizon will issue 20,370,693 new shares, with former MRCC stockholders owning 29.86% of the combined company and legacy Horizon stockholders owning 70.14%. MRCC stockholders will also receive a $0.60 per-share final cash distribution from MRCC. Horizon intends to use the cash it received to repay part of its debt and to make new investments.
Horizon’s adviser agreed to waive up to $4 million of management and incentive fees over four quarters, and the Board plans to use $27.6 million of undistributed taxable earnings to supplement monthly distributions for two quarters following closing, subject to future Board approval. The company also reaffirmed its $10 million stock repurchase program and reshaped its Board, adding former MRCC director Thomas Allison as an independent director.