other material
confidence high
sentiment neutral
materiality 0.65
Horizon Tech Q2 2024: $11.5M originations, $138M committed backlog
Horizon Technology Finance Corp
- Funded $11.5M in new loans and $0.5M in equity during Q2 2024.
- Received $33.8M principal prepayment from Divergent Technologies plus $11.4M other prepayments.
- Committed backlog $137.5M to 13 cos (down from $168.2M/14 cos at Q1 end).
- Signed term sheets for up to $50M in new debt investments (subject to conditions).
- Holds warrant/equity positions in 99 portfolio companies (88 private).