---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-031987"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:55:11.471033+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Horizon Tech Q3 NII $0.32/sh, NAV $7.12; merger with MRCC announced

## Summary
- Q3 2025 NII of $14.0M ($0.32/sh), flat YoY; total investment income $26.3M vs $24.6M.
- Debt portfolio yield 18.6% (up from 15.9% YoY); total portfolio $603.5M at Sept 30.
- Merger with Monroe Capital (MRCC) announced; subject to shareholder approvals.
- Issued $40M 5.50% convertible notes due 2030; net proceeds ~$36.6M.
- Declared monthly distributions of $0.11/sh (total $0.33) for Jan-Mar 2026; spillover $0.93/sh.

## SEC filing metadata
- accession: 0001437749-25-031987
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487428/000143774925031987/0001437749-25-031987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774925031987/hrzn20251028c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-031987
- JSON: https://secwatch.observer/filing/0001437749-25-031987.json
- Plain text: https://secwatch.observer/filing/0001437749-25-031987.txt

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