Here are the 10-K annual reports from Horizon Technology Finance Corporation 6.25% Notes due 2027 (HTFC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow HTFC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HTFC filings page.
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 its annual report as a business development company focused on secured venture loans to technology, life science, healthcare information and services, and sustainability companies. As of December 31, 2025, the debt portfolio held 38 investments with aggregate fair value of $596.0 million, and net assets of $318.5 million.
For 2025, the dollar-weighted annualized yield on average debt investments was 15.8%, with an overall portfolio yield of 14.6%, while total return based on market value was (13.6)%. As of March 3, 2026, there were 47,804,711 shares of common stock outstanding. The company describes a pending multi‑step transaction in which Monroe Capital Income Plus Corporation will acquire Monroe Capital Corporation’s investment assets and liabilities for cash, followed by a merger that would ultimately leave Horizon as the surviving entity. The filing also details a 2025 change of control of its external advisor to an affiliate of Wendel SE, the approval of a new investment management agreement, and several senior management transitions, while affirming continued adherence to its venture lending strategy and regulated investment company tax status.