---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-025688"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2026-08-04T20:52:15+00:00"
generated_at: "2026-08-04T20:53:05.181297+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Horizon Tech Q2 NII $0.11/sh (incl $0.07 merger costs); NAV drops to $6.23

## Summary
- NII of $7.4M ($0.11/sh) vs $11.4M ($0.28/sh) a year ago; $4.4M non-recurring merger expenses.
- NAV per share fell to $6.23 from $6.98 at Dec 2025; net unrealized depreciation of $38.5M.
- Debt portfolio yield 14.9%; funded $72.7M in new loans; committed backlog $228M.
- Board increased stock repurchase authorization to $20M; repurchased 1.37M shares at avg $4.54.
- Declared regular $0.06/sh monthly plus special $0.03/sh distributions for Q4 2026.

## SEC filing metadata
- accession: 0001437749-26-025688
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2026-08-04T20:52:15+00:00
- event_type: earnings
- sentiment: negative
- 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/1487428/000143774926025688/0001437749-26-025688-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774926025688/hrzn20260804d_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-025688
- JSON: https://secwatch.observer/filing/0001437749-26-025688.json
- Plain text: https://secwatch.observer/filing/0001437749-26-025688.txt

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