Every 8-K that Horizon Technology Finance Corporation 6.25% Notes due 2027 (HTFC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, 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 (HRZN) reports that its wholly owned subsidiary, Horizon Funding II, LLC, executed a Second Supplemental Indenture on September 2, 2026 with U.S. Bank Trust Company, National Association as trustee. This amendment extends the securitization’s “Legal Final Payment Date” to December 10, 2035.
On the same date, Horizon Funding II, LLC entered into a Second Amended and Restated Note Funding Agreement with the initial purchasers, replacing the prior amended and restated agreement dated May 23, 2025. Also on September 2, 2026, Horizon Technology Finance Corporation executed Amendment No. 2 to the Sale and Servicing Agreement among the subsidiary, the company, the trustee and U.S. Bank, further updating the existing June 21, 2024 Sale and Servicing Agreement as previously amended.
Horizon Technology Finance reported Q2 2026 total investment income of $25.0 million, up from $24.5 million in Q2 2025. Net investment income was $7.4 million, or $0.11 per share, and was reduced by $4.4 million of non-recurring merger expenses, equal to $0.07 per share.
Unrealized losses, including losses on a single portfolio company, led to $38.5 million of net unrealized depreciation and a net decrease in net assets from operations of $37.3 million, or ($0.57) per share. Net asset value per share was $6.23, with net assets of $417.5 million at June 30, 2026.
The debt portfolio totaled $648.0 million across 43 secured loans, generating a 14.9% dollar-weighted annualized yield, and the company ended the quarter with a $228 million committed backlog. Available liquidity was $228.6 million and net debt to equity leverage was 65%. The board increased the stock repurchase authorization to $20 million and approved regular and special monthly cash distributions totaling $0.27 per share for the fourth quarter of 2026.
Horizon Technology Finance Corporation reported the results of its annual stockholder meeting. Stockholders elected two Class I directors, Kimberley A. O’Connor and Thomas J. Allison, to serve until the 2029 annual meeting. O’Connor received 13,760,758 votes for and 3,450,722 withheld, while Allison received 14,572,710 for and 2,638,770 withheld, with 25,143,830 broker non-votes for each nominee. As of the April 27, 2026 record date, 68,261,111 common shares were eligible to vote. Stockholders also ratified the selection of Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 38,701,672 votes for, 2,326,097 against, and 1,327,541 withheld.
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 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 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.
Horizon Technology Finance Corporation entered into a limited liability company agreement with CR Financial Holdings to form a new joint venture, HRZN CRFH LLC. The partners have committed up to $100,000,000 of capital, with Horizon committing up to $87,500,000 and CRFH up to $12,500,000, invested as membership interests.
The joint venture will provide growth capital financing solutions to primarily U.S.-based small- and micro-cap public companies, generally targeting financings in the $5–$25 million range and may use warehouse credit facilities to leverage its equity capital. Governance and investment decisions will be shared equally through a four-person board and four-person investment committee with equal representation from each partner.
The venture is described as aligned with Horizon’s long-term strategy of expanding its secured lending to venture capital and private equity-backed companies and publicly traded companies, with potential support on larger investments from Monroe Capital, which manages approximately $24 billion in assets as of January 1, 2026.
Horizon Technology Finance Corporation reported that its shareholders approved issuing new common stock for the planned merger with Monroe Capital Corporation. More than 83% of voting HRZN shareholders backed the share issuance proposal, while over 88% of MRCC shareholders approved both the merger and a related asset sale.
Before the merger, Monroe Capital Income Plus Corporation will purchase for cash substantially all of MRCC’s assets at fair value. After the asset sale, MRCC will merge into HRZN, which will remain a public company managed by Horizon Technology Finance Management LLC and continue trading on Nasdaq as HRZN. The parties currently expect closing within the next 30 days, subject to customary conditions.
Horizon Technology Finance Corporation is issuing supplemental disclosures about its planned merger with Monroe Capital Corporation after three shareholder lawsuits challenged the adequacy of the joint proxy statement. The suits allege the proxy omitted material details and seek additional disclosure and to block closing.
HRZN denies any wrongdoing but is voluntarily expanding the proxy to include detailed prospective financial information for MRCC, HRZN, and the combined company. These internal forecasts show estimated annual net investment income per share and dividends for 2026–2030, plus projected net asset value per share, with combined-company projections reflecting assumed cost savings from the merger.
HRZN also updates disclosure about prior and potential future engagements of its financial advisor Oppenheimer with HRZN, MRCC, their affiliates, and other transaction participants. A special committee of independent directors and the full board unanimously continue to recommend that stockholders vote “FOR” the merger stock issuance and related director election proposals at the March 13, 2026 special meeting.
Horizon Technology Finance Corporation announced that its board has declared monthly cash distributions of $0.06 per share, to be paid in April, May and June 2026, for a total of $0.18 per share. The payments are scheduled for April 15, May 15 and June 16, 2026 to stockholders of record on March 16, April 16 and May 18, 2026, respectively.
The board sets distribution levels each quarter based on results of operations, spillover income and its longer-term outlook, including the expected impact of the anticipated merger with Monroe Capital Corporation. The company notes it has paid $360 million in distributions since its 2010 initial public offering and maintains a Dividend Reinvestment Plan that automatically reinvests distributions in additional shares for stockholders who do not opt out.
Horizon Technology Finance Corporation reported that its wholly owned subsidiary, Horizon Credit II LLC, entered into two new amendments to existing financing arrangements with KeyBank National Association and related parties. On February 6, 2026, Horizon Credit II LLC executed Amendment No. 3 to the Second Amended and Restated Loan and Security Agreement with KeyBank and the lenders. On February 10, 2026, Horizon Credit II LLC and Horizon Technology Finance Corporation executed Amendment No. 3 to the Second Amended and Restated Sale and Servicing Agreement involving Horizon Technology Finance Management LLC, U.S. Bank National Association, and KeyBank. The company filed these amendments as exhibits, indicating ongoing updates to its secured loan and servicing structures.