Horizon Technology Finance Corp 8K

Horizon Technology Finance reported Q2 2026 results following its merger with Monroe Capital Corporation, showing lower NII due to merger expenses, significant unrealized losses that reduced NAV, robust liquidity, an expanded $20 million stock repurchase authorization, and the declaration of regular and special monthly dividends for Q4 2026.

On August 4, 2026, Horizon Technology Finance Corporation (NASDAQ: HRZN) reported its financial results for the quarter ended June 30, 2026, highlighting completion of its merger with Monroe Capital Corporation, net investment income of $7.4 million or $0.11 per share including $0.07 per share of non-recurring merger expenses, a material $38.5 million in net unrealized depreciation largely tied to one underperforming portfolio company that drove a decline in NAV per share to $6.23, and a $676.7 million investment portfolio with a 14.9% annualized debt yield. The company detailed liquidity of $228.6 million with additional credit capacity, net debt-to-equity leverage of 65%, portfolio credit quality under a newly adopted 1–5 internal rating scale, and several portfolio company liquidity events and new fundings. Horizon also disclosed that its board extended and subsequently expanded the stock repurchase program to permit up to $20 million of repurchases after buying back 1.37 million shares in the quarter, and it declared regular monthly cash distributions of $0.06 per share and special monthly cash distributions of $0.03 per share for October, November, and December 2026, funded in part by $0.33 per share of undistributed spillover income.

Filing Facts

CIK

1487428

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-025688

Alert Tier

7