Monroe Capital (NASDAQ: MRCC) plans $0.60 per-share final payout
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Monroe Capital Corporation announced the details of its final cash distribution to shareholders. The company plans to pay $0.60 per share, with a total distribution of $13.0 million, funded from a portion of net proceeds expected from its asset sale to Monroe Capital Income Plus Corporation.
The final payout is contingent on closing both the asset sale and Monroe Capital’s merger into Horizon Technology Finance Corporation, which are expected to close on April 14, 2026. The conditional payment date is expected to be on or around April 17, 2026, to stockholders of record as of April 10, 2026.
Because the distribution is contingent, Nasdaq has informed the company that investors who sell MRCC shares before and through the close of trading on the merger closing date will also transfer their right to the final distribution to the buyers. The dividend reinvestment plan will not apply, so all participants will receive this final distribution in cash.
Positive
- None.
Negative
- None.
Insights
MRCC sets a contingent $0.60 per-share final cash distribution tied to its asset sale and merger.
Monroe Capital Corporation is in the final stages of its strategic transaction, combining an asset sale to Monroe Capital Income Plus Corporation with a merger into Horizon Technology Finance Corporation. The company now quantifies its final distribution at $0.60 per share, or $13.0 million in total, sourced from expected asset sale proceeds.
The distribution depends on closing both the asset sale and the merger, which are expected on April 14, 2026, with payment around April 17, 2026. Because entitlement to the payout travels with the shares through the merger closing date, trading decisions around that date directly affect who ultimately receives the cash.
MRCC notes it has no undistributed earnings or capital gains through the anticipated merger closing date that require additional distribution. The decision to exclude this payment from the dividend reinvestment plan and pay entirely in cash simplifies treatment for income-focused holders during the transition to the combined platform.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Final distribution per share: $0.60 per share
Aggregate final distribution: $13.0 million
Record date for final distribution: April 10, 2026
+2 more
5 metrics
Final distribution per share
$0.60 per share
Contingent final cash distribution amount announced April 13, 2026
Aggregate final distribution
$13.0 million
Total final distribution funded from expected asset sale proceeds
Record date for final distribution
April 10, 2026
Stockholders of record as of close of business on this date
Expected transaction closing date
April 14, 2026
Expected closing date for both the asset sale and the merger
Expected payment date
On or around April 17, 2026
Anticipated date for payment of the final distribution
Key Terms
final distribution, Asset Sale, Merger, dividend reinvestment plan, +2 more
6 terms
final distribution financial
"announced that the amount of its final distribution will be $0.60 per share"
Asset Sale financial
"contingent upon the closing of each of the Company’s proposed asset sale (the “Asset Sale”)"
An asset sale is when a company sells specific pieces of its business—such as equipment, real estate, product lines, or patents—rather than selling ownership shares. Like selling a car from a household to raise cash without moving out of the house, an asset sale can provide funds, reduce costs, or signal a change in strategy; investors watch it because it directly affects a company’s cash, future revenue potential, and balance sheet strength.
Merger financial
"the Company’s proposed merger (the “Merger”) with and into Horizon Technology Finance Corporation"
A merger is when two companies combine into a single business, with ownership and control reorganized so they operate as one entity. For investors it matters because mergers can change the value and risk of holdings—shares may be exchanged, diluted, or rise if the combined company saves costs or gains market power, and the deal often depends on regulatory approval and successful integration like two households joining resources and routines.
dividend reinvestment plan financial
"The Company’s dividend reinvestment plan (“DRIP”) will not apply to the final distribution"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
business development company financial
"Monroe Capital Corporation is an externally managed, publicly traded BDC"
A business development company is a publicly traded investment vehicle that lends to and buys stakes in smaller or privately held companies, acting like a combination of a lender, investor, and business partner. It matters to investors because BDCs offer the potential for higher regular income through dividends and diversified exposure to growing businesses, but they can also carry greater credit and liquidity risk than typical stocks or bonds—think higher-yielding but riskier income instruments.
forward-looking statements regulatory
"Some of the statements in this communication constitute forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________________________________________________________________
FORM 8-K
______________________________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 13, 2026
______________________________________________________________________
(Exact name of registrant as specified in its charter)
______________________________________________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
(312 ) 258-8300
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
______________________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
ITEM 7.01. Regulation FD Disclosure.
On April 13, 2026, Monroe Capital Corporation (the “Company”) issued a press release relating to its final cash distribution, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information disclosed in this Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed “filed” for any purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section. The information in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
ITEM 9.01. Financial Statements and Exhibits.
(d)Exhibits:
Exhibit No. | Description | |||||||
99.1 | Press Release, dated April 13, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MONROE CAPITAL CORPORATION | ||||||||
| Date: April 13, 2026 | By: | /s/ Lewis W. Solimene, Jr. | ||||||
| Name: | Lewis W. Solimene, Jr. | |||||||
| Title: | Chief Financial Officer and Chief Investment Officer | |||||||
Exhibit 99.1
Monroe Capital Corporation Announces Final Distribution Amount and Anticipated Payment Date
CHICAGO, IL, April 13, 2026 – Monroe Capital Corporation (NASDAQ: MRCC) (the “Company” or “MRCC”) today announced that the amount of its final distribution will be $0.60 per share, contingent upon the closing of each of the Company’s proposed asset sale (the “Asset Sale”) to Monroe Capital Income Plus Corporation (“MCIP”) and the Company’s proposed merger (the “Merger”) with and into Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN”). The conditional distribution payment date is expected to be on or around April 17, 2026.
The Company’s final aggregate distribution amount of $13.0 million will be sourced from a portion of the net proceeds expected to be received by MRCC in the Asset Sale. MRCC has no undistributed earnings or capital gains through the anticipated closing date of the Merger requiring distribution.
As previously disclosed, the Company’s final distribution will be paid to the Company’s stockholders of record as of the close of business on April 10, 2026. However, due to the contingent nature of the final distribution, Nasdaq has informed the Company that stockholders who sell their shares of MRCC common stock before and through the close of trading on the closing date of the Merger will also sell their entitlement to the final distribution to the respective purchaser(s) of the shares. The Company expects each of the Asset Sale and the Merger to close on April 14, 2026.
The Company’s dividend reinvestment plan (“DRIP”) will not apply to the final distribution. As a result, all participants under the DRIP will receive the final distribution in cash and not in shares of MRCC common stock.
About Monroe Capital Corporation
Monroe Capital Corporation is an externally managed, publicly traded BDC (NASDAQ: MRCC) that primarily invests in senior, unitranche and junior secured debt of U.S. middle-market companies. Its investment adviser is Monroe Capital BDC Advisors, LLC, a registered investment adviser and affiliate of Monroe Capital LLC.
Forward Looking Statements
Some of the statements in this communication constitute forward-looking statements because they relate to future events, future performance or financial condition of MRCC or HRZN or the proposed sale of assets by MRCC to MCIP and the proposed merger of MRCC with and into HRZN. All statements, other than historical facts, including but not limited to statements regarding the expected timing of the closing of the proposed transactions; the expected timing or amount of payments of dividends or distributions by MRCC and/or HRZN; the ability of the parties to complete the proposed transactions; the expected benefits of the proposed transactions such as improved operations, enhanced revenues and cash flow, growth potential, market profile and financial strength; the competitive ability and position of the surviving companies following completion of the proposed transactions; and any assumptions underlying any of the foregoing, are forward-looking statements. Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “project,” “predict,” “continue,” “target” or other similar words or expressions. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual events and results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Certain factors could cause actual results and conditions to differ materially from those projected, including, without limitation, the uncertainties associated with considerations that may be disclosed from time to time in MRCC’s and HRZN’s publicly disseminated documents and filings. HRZN and MRCC have based the forward-looking statements included in this communication on information available to them on the date hereof, and neither HRZN, MRCC nor their affiliates assume any obligation to update any such forward-looking statements. Although HRZN and MRCC undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that HRZN and MRCC may make directly to you or through reports that they have filed with the Securities and Exchange Commission (the “SEC”), or in the future may file with the SEC, including, without limitation, annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.
Contacts
Monroe Capital Corporation
Investor Relations:
Mick Solimene
Chief Financial Officer & Chief Investment Officer
msolimene@monroecap.com
(312) 598-8401
Media Relations:
Daniel Abramson
Gregory
daniel.abramson@gregoryagency.com
(857) 305-8441
FAQ
What is Monroe Capital Corporation (MRCC) paying as its final distribution?
Monroe Capital Corporation plans a final cash distribution of $0.60 per share, totaling $13.0 million. The payment will come from a portion of net proceeds expected from its asset sale to Monroe Capital Income Plus Corporation, contingent on closing that transaction and the planned merger.
Who is entitled to receive Monroe Capital’s final distribution?
The final distribution will be paid to stockholders of record as of April 10, 2026. Because the distribution is contingent, Nasdaq informed MRCC that investors who sell MRCC shares before and through the merger closing date also transfer their right to the payout to the respective purchasers.
How is MRCC funding its final $13.0 million aggregate distribution?
Monroe Capital’s final aggregate distribution of $13.0 million will be funded from a portion of the net proceeds the company expects to receive from its proposed asset sale to Monroe Capital Income Plus Corporation. MRCC states it has no undistributed earnings or capital gains requiring additional payout through the merger closing date.
Does MRCC’s dividend reinvestment plan apply to the final distribution?
The company’s dividend reinvestment plan (DRIP) will not apply to the final distribution. All DRIP participants will receive the final $0.60 per-share distribution entirely in cash rather than in additional shares of Monroe Capital Corporation common stock.
How are MRCC’s asset sale and merger linked to the final payout?
The final distribution is conditional on closing both MRCC’s proposed asset sale to Monroe Capital Income Plus Corporation and its merger into Horizon Technology Finance Corporation. The company expects both transactions to close on April 14, 2026, enabling the anticipated cash payment shortly thereafter.