MergerApr 14, 2026, 04:42 PM
Horizon Technology Finance Completes Acquisition of Monroe Capital
AI Summary
Horizon Technology Finance Corporation (HRZN) announced the completion of its previously disclosed acquisition of Monroe Capital Corporation (MRCC) on April 14, 2026. Pursuant to the merger agreement dated August 7, 2025, MRCC was first merged into a wholly-owned subsidiary of HRZN, and then into HRZN itself, with HRZN as the surviving entity. As a result, MRCC's separate existence ceased, and MRCC shareholders received 0.9402 shares of HRZN common stock for each share of MRCC common stock they held.
Key Highlights
- Horizon Technology Finance completed the acquisition of Monroe Capital Corporation.
- The merger became effective on April 14, 2026.
- MRCC shareholders received 0.9402 shares of HRZN common stock per MRCC share.
- The merger agreement was initially dated August 7, 2025.