secwatch.observer — SEC 8-K summary
======================================

Issuer:     Horizon Technology Finance Corp (HRZN)
CIK:        0001487428
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001437749-25-006110
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Tech Finance Q4 NII $0.27 vs $0.45 YoY; NAV drops to $8.43 from $9.71
-----------------------------------------------------------------------------

- Net investment income $0.27/share in Q4 2024, down from $0.45 in Q4 2023; full-year NII $1.32/share covered $1.32 distributions.
- Net asset value $336.2M ($8.43/share) vs $324.0M ($9.71/share) at Dec 2023; net realized loss $34.6M for 2024.
- Debt portfolio yield 14.9% (Q4) vs 16.8% prior year; total investment portfolio $697.9M.
- Declared monthly distributions $0.11/share for Apr-Jun 2025, unchanged at $0.33 total; spillover income $1.06/share.
- Investment adviser waived income incentive fee if NII per share < quarterly distribution, effective Q1-Q4 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487428/000143774925006110/0001437749-25-006110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487428/000143774925006110/hrzn20250303_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-006110

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