secwatch.observer — SEC 8-K summary
======================================

Issuer:     Horizon Technology Finance Corp (HRZN)
CIK:        0001487428
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001437749-23-012098
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Technology Q1 NII $0.46/share, portfolio yield 16.3%, NAV $11.34
------------------------------------------------------------------------

- Q1 2023 NII $13.0M ($0.46/share) vs $5.7M ($0.26) YoY; quarterly distributions total $0.33/share.
- Annualized debt portfolio yield 16.3%, up from 12.4% a year ago; total portfolio $715M (+39% YoY).
- NAV per share $11.34 at March 31, 2023 vs $11.47 at Dec 2022; net unrealized depreciation $7.5M.
- Three loans rated highest risk (rating 1) with $5.3M fair value; weighted average credit rating 3.0.
- Adviser HTFM agreed to be acquired by Monroe Capital affiliate; declared $0.11 monthly for July–Sept.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487428/000143774923012098/0001437749-23-012098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487428/000143774923012098/hrzn20230501d_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-012098

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer