other material
confidence high
sentiment positive
materiality 0.75
Horizon Tech Finance Q3 2024 origination $93.1M; committed backlog $189.9M
Horizon Technology Finance Corp
- Originated $93.1M of new loans in Q3 2024, up from $12.5M in commitments in Q2.
- Committed backlog grew to $189.9M across 16 companies, vs $137.5M at June 30.
- Received $37.5M in principal prepayments from four portfolio companies.
- Closed new loan commitments totaling $172.9M to eight companies during Q3.
- Holds warrants/equity in 103 portfolio companies, including 92 private firms.