{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-025481","form_type":"8-K","ticker":"HRZN","cik":"0001487428","company_name":"Horizon Technology Finance Corp","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.093485+00:00","generated_at":"2026-05-17T17:26:14.703696+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HRZN to acquire MRCC in NAV-for-NAV merger; asset sale to MCIP precedes close","bullets":["MRCC to merge into HRZN in NAV-for-NAV share exchange; former MRCC shareholders to own ~37% of combined company.","Combined pro forma NAV ~$446M as of June 30, 2025; HTFM to waive $4M in fees over first four quarters post-close.","Asset sale of MRCC's assets to MCIP for cash at fair value immediately before merger; deal expected Q4 2025.","Merger structured as tax-free reorganization under Section 368(a); HRZN continues as public company on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-025481","json":"https://secwatch.observer/filing/0001437749-25-025481.json","markdown":"https://secwatch.observer/filing/0001437749-25-025481.md","text":"https://secwatch.observer/filing/0001437749-25-025481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487428/000143774925025481/0001437749-25-025481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487428/000143774925025481/hrzn20250807_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:26:14.703696+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}