---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-008321"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2026-03-16T23:59:59+00:00"
generated_at: "2026-05-15T11:35:01.312730+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# HRZN and MRCC shareholders approve merger; combined company to trade as HRZN

## Summary
- HRZN shareholders approved stock issuance with 83% support; MRCC shareholders approved merger (88%) and asset sale.
- Pre-merger distribution to MRCC shareholders expected ~$15.9M ($0.75/share), contingent on closing.
- Exchange ratio based on NAV/share of each company determined shortly before closing.
- HTFM waives $4M in management/incentive fees over four quarters post-merger.
- Expected closing within 30 days; HRZN will use $27.6M undistributed earnings for supplemental distributions.

## SEC filing metadata
- accession: 0001437749-26-008321
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2026-03-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487428/000143774926008321/0001437749-26-008321-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774926008321/hrzn20260315_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-008321
- JSON: https://secwatch.observer/filing/0001437749-26-008321.json
- Plain text: https://secwatch.observer/filing/0001437749-26-008321.txt

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