other material
confidence high
sentiment neutral
materiality 0.15
Horizon Technology shareholders approve new investment management agreement with adviser pending change-in-control
Horizon Technology Finance Corp
- 18,014,786 shares voted For, 1,287,559 Against, 1,126,346 Abstain on new agreement.
- New agreement with Horizon Technology Finance Management LLC to become effective upon closing of the adviser's change-in-control transaction.
- Existing management agreement remains in effect unless and until the change-in-control closes.
- A quorum of 20,428,691 shares was present at the Special Meeting held Feb 21, 2025.
- Adviser change-in-control transaction is described in the Dec 30, 2024 proxy statement.