---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-031521"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:45:39.223439+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Horizon Tech Finance issues $20M of 7.125% Convertible Notes due 2031

## Summary
- Issued $20M aggregate principal amount of 7.125% Convertible Notes maturing Oct 17, 2031.
- Net proceeds of ~$18.6M (93% of par); used for investments and general corporate purposes.
- Notes convertible after Apr 17, 2025; conversion price = greater of 5-day VWAP or NAV per share.
- Notes are unsecured; rank senior to subordinated debt, structurally junior to subsidiary debt.
- Additional 1% interest if rating falls below investment grade; 2% on overdue payments or default.

## SEC filing metadata
- accession: 0001437749-24-031521
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487428/000143774924031521/0001437749-24-031521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774924031521/hrzn20241016_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-031521
- JSON: https://secwatch.observer/filing/0001437749-24-031521.json
- Plain text: https://secwatch.observer/filing/0001437749-24-031521.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.