Horizon Technology Finance

Horizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.

Earnings data Q1 2021

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Horizon Technology Finance excels in Q2 amidst venture challenges

Horizon Technology Finance delivered a strong performance in Q2 2024, supported by a resilient venture lending business and effective portfolio management.
While facing challenges in the venture capital environment and market uncertainties, the company remains focused on growth and stability.
Opportunities for portfolio expansion, funding, and strategic partnerships position Horizon Technology Finance for future success and value creation.

Horizon Technology Finance (HRZN) posts strong Q3 results amid growth opportunities

Horizon Technology Finance (HRZN) delivered a strong financial performance in Q3 2024, driven by robust net investment income and strategic partnerships.
While facing challenges in asset quality management and financial uncertainties, HRZN's focus on balance sheet strengthening and growth opportunities positions it well for the future.
By capitalizing on positive market trends, venture debt financing, and effective balance sheet management, HRZN aims to sustain its growth trajectory and enhance shareholder value.

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Horizon Technology Finance Corp., a traded business development company invests in companies located in the US. The fund targets companies openhearted in the fields of technology, life science and sustainability sectors. It provides financing for later stage capital requirements.

Horizon Technology Finance (HRZN) closed at $14.46 in the latest trading session, marking a +0.77% move from the prior day.

Horizon Technology Finance (HRZN) Gains But Lags Market: What You Should Know

Horizon Technology Finance is seeing strong business fundamentals and a growing NAV/share. It has a robust deal pipeline and has a large addressable market in the technology and life sciences space.

Horizon Technology Finance: 8.3% Yield, Have Your Money Work For You

FARMINGTON, Conn., Jan. 25, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that on December 14, 2021 it led a $50 million venture loan facility to Nextcar Holding Company, Inc. dba Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt or commitment.

Horizon Technology Finance Leads $50 Million Venture Loan Facility to FinTech and InsurTech Innovator, Autonomy

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FARMINGTON, Conn., Jan. 12, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today provided its portfolio update for the fourth quarter ended December 31, 2021 and an update on the lending platform ("Horizon Platform") of Horizon Technology Finance Management LLC ("HTFM"), its investment adviser.

Horizon Technology Finance Provides Fourth Quarter 2021 Portfolio Update

Horizon Technology Finance (HRZN) closed at $16.22 in the latest trading session, marking a +0.93% move from the prior day.

Horizon Technology Finance (HRZN) Outpaces Stock Market Gains: What You Should Know

FARMINGTON, Conn., Jan. 11, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it closed a $30 million venture loan facility to Interior Define, Inc. ("Interior Define"), of which Horizon funded $12.5 million of the initial $20 million draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $7.5 million.

Horizon Technology Finance Leads $30 Million Venture Loan Facility to Leading D2C Custom Furniture Business Interior Define

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FARMINGTON, Conn., Nov. 29, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it provided an additional venture loan, in the principal amount of $5 million, to Everstream Analytics ("Everstream"), a provider of supply chain risk management software and an existing Horizon portfolio company.

Horizon Technology Finance Provides Additional $5 Million Venture Loan to Everstream Analytics

HRZN recently reported positive Q3 results. They also announced a special dividend. This BDC currently yields 6.88%, so the special is a bonus to an already high yield.

Horizon Technology Finance: Strong Results And Dividend, But On The Expensive Side

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Horizon Technology Finance Corp Notes 2017-15.09.22

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Horizon Technology Finance Corporation (HRZN) CEO Rob Pomeroy on Q3 2021 Results - Earnings Call Transcript

Horizon Technology Finance (HRZN) delivered earnings and revenue surprises of 25.00% and 22.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Horizon Technology Finance (HRZN) Q3 Earnings and Revenues Beat Estimates

FARMINGTON, Conn., Oct. 26, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.10 per share payable in each of January, February and March 2022 and a special distribution of $0.05 per share payable in December 2021.

Horizon Technology Finance Announces Monthly Distributions for January, February and March 2022 Totaling $0.30 per Share and Special Distribution for December 2021 of $0.05 per Share

FARMINGTON, Conn., Oct. 26, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the third quarter ended September 30, 2021.

Horizon Technology Finance Corporation Announces Third Quarter 2021 Financial Results

Horizon Technology Finance (HRZN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Horizon Technology Finance (HRZN) Q3 Earnings Expected to Decline

Horizon Technology Finance continues to grow its loan portfolio to venture-stage clients, with a record value of new loans closed in Q3. It has managed to reduce its own cost of capital as it rolled over debt and raised funds through its ATM as the shares have moved up.

Horizon Technology Finance: Income From Venture Growth, But At A Steep Premium

FARMINGTON, Conn., Oct. 12, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the third quarter ended September 30, 2021 on Tuesday, October 26, 2021, after the close of market trading.

Horizon Technology Finance to Announce Third Quarter 2021 Financial Results

FARMINGTON, Conn., Oct. 6, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today provided its portfolio update for the third quarter ended September 30, 2021 and an update on the lending platform ("Horizon Platform") of Horizon Technology Finance Management LLC ("HTFM"), its investment adviser.

Horizon Technology Finance Provides Third Quarter 2021 Portfolio Update

Stealth BioTherapeutics Corp - ADR

BOSTON, Oct. 4, 2021 /PRNewswire/ -- Stealth BioTherapeutics Corp (Nasdaq: MITO), a clinical-stage biotechnology company focused on the discovery, development, and commercialization of novel therapies for diseases involving mitochondrial dysfunction, today announced completion of a $25 million long-term debt facility led by Horizon Technology Finance Corporation (Nasdaq: HRZN) ("Horizon"). Stealth has drawn down $15 million under the facility with an additional $10 million available upon achievement of a predetermined milestone.

Stealth BioTherapeutics Completes a $25 Million Debt Financing with Horizon Technology Finance

FARMINGTON, Conn., Sept. 28, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its Chairman and Chief Executive Officer, Robert D.

Horizon Technology Finance to Appear at Capital Link Closed-End Funds & Global ETFs Forum

FARMINGTON, Conn., Sept. 27, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it closed a $30 million venture loan facility to Dropoff, Inc. ("Dropoff"), of which Horizon funded $12.5 million of the initial $20 million draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $7.5 million.

Horizon Technology Finance Leads $30 Million Venture Loan Facility to Dropoff

FARMINGTON, Conn., Sept. 20, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it led a $15 million venture loan facility to Spineology, Inc. ("Spineology"), of which Horizon funded $5 million of the initial $10 million draw and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $5 million.

Horizon Technology Finance Leads $15 Million Venture Loan Facility to Spineology

Trinity Capital

FARMINGTON, Conn., Sept. 13, 2021 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, along with lending partner Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of debt and equipment financing to growth stage companies, announced today that they provided a $40 million venture loan to Nexii Building Solutions Inc. ("Nexii"), a green construction technology company focused on creating environmentally-friendly, durable, cost-efficient and disaster-resilient buildings.

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