Horizon Technology Finance and Monroe Capital win shareholder approval for merger plan

Reuters
Mar 16
Horizon Technology Finance and Monroe Capital win shareholder approval for merger plan

Horizon Technology Finance shareholders approved a proposal to issue shares for the planned merger in which Monroe Capital will merge into Horizon, with Horizon as the surviving public company trading as HRZN. Monroe Capital shareholders approved both the merger and the sale of substantially all of Monroe Capital’s assets to Monroe Capital Income Plus for cash at fair value. Before the merger takes effect, Monroe Capital plans a pre-closing distribution expected to total about USD 15.9 million, or USD 0.75 per share, contingent on completion of the asset sale and merger. The exchange ratio will be based on Monroe Capital’s net asset value per share divided by Horizon’s net asset value per share, each determined shortly before closing. Horizon’s external manager agreed to waive up to USD 4 million of management and incentive fees over the first four full fiscal quarters after closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Technology Finance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-008321), on March 16, 2026, and is solely responsible for the information contained therein.

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