On March 16, 2026, Horizon Technology Finance Corporation (NASDAQ: HRZN) announced that its shareholders approved the issuance of common stock in connection with the proposed merger with Monroe Capital Corporation (NASDAQ: MRCC). This decision was made during a special meeting held on March 13, 2026, where over 83% of HRZN shareholders supported the HRZN Share Issuance Proposal. Similarly, MRCC shareholders also voted overwhelmingly in favor of the merger and the related asset sale, with more than 88% approval. The merger is expected to create significant synergies and enhance the growth capital available to the combined entity, positioning it for long-term strategic initiatives. Following the asset sale, MRCC will merge with HRZN, which will continue to operate under the HRZN ticker on NASDAQ. The anticipated closing date for the merger is expected to be within the next 30 days, pending the satisfaction of customary closing conditions. This merger is seen as a strategic move to unlock value and enhance the operational capabilities of both companies in the venture lending market.

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