secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Technology Finance Corp (HRZN)
CIK:        0001487428
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001437749-23-021409
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Tech Finance Q2 NII $0.54/share, debt yield 16.3%, but net realized loss $16.5M
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- NII of $16.1M ($0.54/share) vs $8.6M ($0.35/share) in prior-year period; revenue up 51.3% to $28.1M.
- Debt portfolio yield 16.3% (vs 14.2% prior year); total investment portfolio $715.4M, up 24% YoY.
- Net realized loss on investments of $16.5M ($0.55/share) vs $0.9M loss prior year; NAV $11.07/share vs $11.69.
- Completed $38.9M common stock offering; expanded credit facilities by $75M total; available liquidity $107.1M.
- Declared monthly distributions of $0.11/share for Oct/Nov/Dec (total $0.33); undistributed spillover income $1.02/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487428/000143774923021409/0001437749-23-021409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487428/000143774923021409/hrzn20230725c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-021409

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