Monroe Capital

Monroe Capital completed the sale of its investment assets to Monroe Capital Income Plus and the subsequent merger with Horizon Technology Finance. Each outstanding Monroe share will be converted into the right to 0.9402 Horizon common shares; Horizon will issue approximately 20,370,693 shares to former Monroe shareholders. Monroe Capital will terminate its Nasdaq listing, apply to deregister with the SEC, and has terminated executives as well as several contracts related to the merger; shareholders voted to approve the transactions by a majority. » More on de.investing.com

Monroe Capital announced an increased final special distribution of $13.0m ($0.61 per share), in addition to previously planned undistributed taxable earnings of $2.9m ($0.14 per share), bringing the total distribution before the merger to about $15.9m ($0.75 per share). The payment is subject to shareholder approval of the merger with Horizon Technology Finance and other closing conditions; the stock trades near its 52‑week low. Monroe will fund the distribution with proceeds from the sale of nearly all assets to the privately placed Monroe Capital Income Plus Corporation. After the combination, Horizon will remain the continuing issuer under the ticker HRZN; management plans supplemental monthly distributions for two quarters from undistributed earnings totaling $27.6m. » More on de.investing.com

The management of MRCC Senior Loan Fund I has decided to liquidate and dissolve the fund; the orderly liquidation of the remaining portfolio investments is to be completed by no later than 31 December 2025. Monroe Capital does not expect prepayment penalties or any material ongoing obligations arising from the wind‑up. Separately, the board has approved a distribution of USD 0.18 per share for the fourth quarter of 2025, payable on 31 December 2025 (record date: 23 December 2025). » More on de.investing.com

Horizon Technology Finance has outlined details of its planned merger with Monroe Capital Corporation, which calls for roughly $165 million in additional equity, a pro forma NAV of about $446 million, annual G&A savings of $2.5 million, and a closing in December 2025; MRCC shareholders are expected to hold about 37 percent of the combined company. In parallel, Horizon reported Q2 2025 EPS of $0.28 in line with expectations and revenue of $24.52 million above consensus, but the stock fell further after the announcement amid investor skepticism. » More on de.investing.com

Horizon Technology Finance and Monroe Capital have agreed to merge, with Monroe Capital being absorbed into Horizon Technology Finance. Monroe Capital shareholders will receive shares in Horizon, and the combined company will have an estimated net asset value of around $446 million. The merger will also bring several leadership changes at Horizon, including the appointment of Paul Seitz as chief investment officer and Michael P. Balkin as the new CEO. » More on de.investing.com