Monroe Capital Corp Completes Merger with Horizon Technology Finance, Ceases Separate Existence
Summary
Monroe Capital Corporation has completed its merger with Horizon Technology Finance Corporation, ceasing its separate existence and converting its shares into HRZN stock.
Key Events · M&A and Partnerships · MRCC
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Merger Completed
Monroe Capital Corporation officially merged into Horizon Technology Finance Corporation on April 14, 2026, ending its separate corporate existence.
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Share Conversion
Each share of MRCC common stock was converted into 0.9402 shares of HRZN common stock.
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Reporting Termination
The company will file a Form 15 to terminate its registration and suspend its duty to file reports with the SEC.
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Auditor Change
KPMG was dismissed and Grant Thornton LLP was appointed as the independent auditor on June 3, 2025, following a change of control at MC Advisors.
Analysis · MRCC · Unknown
This 10-K/A filing confirms the definitive completion of Monroe Capital Corporation's merger with Horizon Technology Finance Corporation on April 14, 2026. As a result, Monroe Capital Corporation has ceased its separate existence, and its common stock has been converted into shares of Horizon Technology Finance Corporation. This marks the final stage of the previously announced corporate restructuring, which followed a period of declining financial performance and a dividend cut as noted in the prior 10-K. The company will now proceed to terminate its SEC reporting obligations. Investors should be aware that their investment in MRCC has now transitioned into an investment in HRZN.
At the time of this filing, MRCC was trading at $5.02 on NASDAQ in the Unknown sector, with a market capitalization of approximately $110.1M. This filing was assessed with neutral market sentiment and an importance score of 10 out of 10.