Monroe Capital Completes Merger with Horizon Technology Finance, Ceases Independent Operations

summarizeSummary

Monroe Capital Corporation has completed its merger with Horizon Technology Finance Corporation, sold its investment assets for $335.3 million, and ceased its separate existence, leading to the delisting of its common stock.

check_boxKey Events

• Merger Completed

  Monroe Capital Corporation completed its previously announced merger with Horizon Technology Finance Corporation (HRZN) on April 14, 2026, ceasing its separate corporate existence.

• Asset Sale Finalized

  The company completed the sale of its investment assets to Monroe Capital Income Plus Corporation (MCIP) for approximately $335.3 million.

• Stock Delisted and Converted

  MRCC common stock was converted into the right to receive 0.9402 shares of HRZN common stock, and the company notified Nasdaq of the merger consummation, requesting delisting and deregistration of its common stock.

• Material Agreements Terminated

  The ING Facility, Investment Advisory and Management Agreement, and Administration Agreement were all terminated in connection with the asset sale and merger.

auto_awesomeAnalysis

This 8-K filing marks the definitive conclusion of Monroe Capital Corporation's independent existence, following its merger with Horizon Technology Finance Corporation. The completion of the asset sale and subsequent merger, along with the delisting of MRCC stock, represents a fundamental change for shareholders. While the merger was previously announced, this filing confirms its final execution and the immediate cessation of the company's separate operations. Shareholders will now hold shares in Horizon Technology Finance Corporation, and the company's stock will no longer trade on Nasdaq. This event follows the final cash distributions announced on April 1 and April 13, 2026, which were precursors to this ultimate corporate action.