Horizon Technology Finance Corporation reported a change in its independent auditor. On May 13, 2026, the Board dismissed RSM US LLP, which had served as the company’s independent registered public accounting firm since 2008. RSM’s audit reports on the 2024 and 2025 financial statements contained no adverse opinions, disclaimers, or qualifications, and the company states there were no disagreements or reportable events with RSM during that period.
The Board, following the Audit Committee’s recommendation, approved the appointment of Grant Thornton LLP as the new independent registered accounting firm to audit the company’s consolidated financial statements for the fiscal year ending December 31, 2026. The company also states it did not consult Grant Thornton on accounting principles, audit opinions, or any disagreements or reportable events before this appointment. A confirmation letter from RSM to the SEC is filed as an exhibit.
Horizon Technology Finance Corporation reported a change in its independent auditor. On May 13, 2026, the Board dismissed RSM US LLP, which had served as the company’s independent registered public accounting firm since 2008. RSM’s audit reports on the 2024 and 2025 financial statements contained no adverse opinions, disclaimers, or qualifications, and the company states there were no disagreements or reportable events with RSM during that period.
The Board, following the Audit Committee’s recommendation, approved the appointment of Grant Thornton LLP as the new independent registered accounting firm to audit the company’s consolidated financial statements for the fiscal year ending December 31, 2026. The company also states it did not consult Grant Thornton on accounting principles, audit opinions, or any disagreements or reportable events before this appointment. A confirmation letter from RSM to the SEC is filed as an exhibit.
Horizon Technology Finance Corporation is asking stockholders to approve routine 2026 annual meeting matters. Investors will vote to re-elect two Class I directors, Kimberley A. O’Connor and Thomas J. Allison, to terms running to the 2029 annual meeting, and to ratify Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026.
The record date is April 27, 2026, when 68,261,111 common shares were outstanding, each entitled to one vote. The proxy describes board structure after the merger with Monroe Capital Corporation, committee responsibilities, director independence, director compensation, related-party arrangements with the external adviser, and the recent replacement of RSM US LLP by Grant Thornton following an Audit Committee recommendation, with no reported audit disagreements.
Horizon Technology Finance Corporation is asking stockholders to approve routine 2026 annual meeting matters. Investors will vote to re-elect two Class I directors, Kimberley A. O’Connor and Thomas J. Allison, to terms running to the 2029 annual meeting, and to ratify Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026.
The record date is April 27, 2026, when 68,261,111 common shares were outstanding, each entitled to one vote. The proxy describes board structure after the merger with Monroe Capital Corporation, committee responsibilities, director independence, director compensation, related-party arrangements with the external adviser, and the recent replacement of RSM US LLP by Grant Thornton following an Audit Committee recommendation, with no reported audit disagreements.
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 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 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 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 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 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 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.