Horizon Technology reports Q2 NII 28c, consensus 28c

“We are excited at the announcement of our forthcoming merger with MRCC,” said Mike Balkin, Chief Executive Officer of Horizon. “Upon closing, HRZN will significantly increase its size, scale and capital base, while continuing to receive the active backing of a premier asset manager in Monroe Capital. Once completed, the merger will significantly expand our ability to provide venture lending solutions, including to small-cap public market companies, which is an attractive and renewed focus for investment. We expect the merger will better position us to win larger venture lending transactions and to support innovative businesses shaping the future.”