secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Technology Finance Corp (HRZN)
CIK:        0001487428
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001437749-25-026705
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Tech Finance to acquire Monroe Capital Corp in stock merger; portfolio sale to MCIP
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- HRZN to merge with MRCC; MRCC portfolio sold to MCIP for cash prior to merger close.
- Based on June 30 NAV, HRZN issues ~24.6M shares; pro forma ownership 63.1% HRZN / 36.9% MRCC.
- HRZN expects ~$165M cash proceeds from Asset Sale upon closing.
- Transaction requires stockholder approvals of HRZN and MRCC, plus customary closing conditions.
- Termination fee of $10.8M payable by alternative acquiror under certain circumstances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487428/000143774925026705/0001437749-25-026705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487428/000143774925026705/hrzn20250813_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-026705

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