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.

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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.

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IRVINE, Calif. , Aug. 8, 2022 /PRNewswire/ -- InBrace, the orthodontic company behind the novel Smartwire® technology, announced that it has closed $45 million in financing led by Horizon Technology Finance Corporation (NASDAQ: HRZN).

InBrace Closes New Round of $45M Financing To Accelerate Growth And Market Expansion

Horizon Technology Finance Corp Notes 2017-15.09.22

Horizon Technology Finance (NASDAQ:HRZN ) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Megan Bacon - Director, Investor Relations & Marketing Rob Pomeroy - Chairman & Chief Executive Officer Jerry Michaud - President Dan Trolio - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Megan Bacon Thank you and welcome to Horizon Technology Finance Corporation Second Quarter 2022 Conference Call. Representing the company today are Rob Pomeroy, Chairman and Chief Executive Officer; Jerry Michaud, President; and Dan Trolio, Chief Financial Officer.

Horizon Technology Finance (HRZN) CEO Rob Pomeroy on Q2 2022 Results - Earnings Call Transcript

Horizon Technology Finance (HRZN) delivered earnings and revenue surprises of 12.90% and 15.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Technology Finance (HRZN) Q2 Earnings and Revenues Beat Estimates

FARMINGTON, Conn. , Aug. 2, 2022 /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 October, November and December 2022.

Horizon Technology Finance Announces Monthly Distributions for October, November and December 2022 Totaling $0.30 per Share

-  Net Investment Income per Share of $0.35; NAV per Share of $11.69 - - Grew Portfolio Year over Year by 43% to Record $577 Million - - Horizon Platform Ends Quarter with Record Committed Backlog of $267 Million, Including Record $221 Million in HRZN Commitments - - Debt Portfolio Yield of 14.2% - - Declares Regular Monthly Distributions Totaling $0.30 per Share - FARMINGTON, Conn. , Aug. 2, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" 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 second quarter ended June 30, 2022.

Horizon Technology Finance Announces Second Quarter 2022 Financial Results

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FARMINGTON, Conn. , July 19, 2022 /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 second quarter ended June 30, 2022 on Tuesday, August 2, 2022, after the close of market trading.

Horizon Technology Finance to Announce Second Quarter 2022 Financial Results

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-     Horizon Platform Originates Record $192 Million of New Loans in Q2, Including $137 Million of New Loans for HRZN -  -     Horizon Platform Ends Quarter with Record Committed Backlog of $267 Million, Including $221 Million in HRZN Commitments -    FARMINGTON, Conn. , July 13, 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 second quarter ended June 30, 2022 and an update on the lending platform ("Horizon Platform") of Horizon Technology Finance Management LLC ("HTFM"), its investment adviser.

Horizon Technology Finance Provides Second Quarter 2022 Portfolio Update

FARMINGTON, Conn. , July 12, 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, 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 an additional $20 million venture loan to Nexii Building Solutions Inc. ("Nexii"), a green construction company that designs and manufactures low carbon buildings and products.

Horizon Technology Finance and Trinity Capital Provide Additional $20 Million Venture Loan to Nexii

Latest fundraising round will accelerate production of Nexii's sustainable construction solutions VANCOUVER,BC , July 12, 2022 /PRNewswire/ -- Unceded Territories of the Musqueam, Squamish and Tsleil-Waututh Nations) – Green construction company Nexii Building Solutions today announced an additional C$45 million (US$35M) fundraise led by Horizon Technology Finance Corporation (NASDAQ: HRZN) and Trinity Capital Inc. (NASDAQ: TRIN). The funds will help accelerate Nexii's continued growth and manufacturing capacity in order to meet surging demand for sustainable construction solutions.

Nexii Announces $45M CAD in Funding, Now Valued at Over $2 Billion

FARMINGTON, Conn. , July 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 $45 million venture loan facility to Swift Health Systems, Inc. (dba InBrace) ("InBrace"), of which Horizon funded $7 million of the initial $10 million draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $3 million.

Horizon Technology Finance Leads $45 Million Venture Loan Facility to InBrace

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LOS ANGELES , July 7, 2022 /PRNewswire/ -- Divergent Technologies Inc. ("Divergent"), the company that has developed the world's first end-to-end digital production system to revolutionize industrial-scale manufacturing, announced today that it has closed a new $60 million venture loan facility led by Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), and a new $20 million revolving line of credit provided by Bridge Bank, a division of Western Alliance Bank (NYSE: WAL) ("Bridge Bank"). The new facilities follow Divergent's successful $160 million Series C funding earlier this year.

Divergent Technologies Strengthens Capital Resources with $60 Million Loan Facility Led by Horizon Technology Finance and $20 Million Line of Credit from Bridge Bank

Horizon Technology Finance provides venture capital to growth industries. The BDC funds its monthly dividend through investments in debt securities.

Horizon Technology Finance: A High Quality, 10.4% Yielding Tech-Focused BDC

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Horizon Technology Finance: Put This 10.4% Yield On Your Radar

DARTMOUTH, Nova Scotia & CAMBRIDGE, Mass.--(BUSINESS WIRE)--IMV Inc. (NASDAQ: IMV; TSX: IMV), a clinical-stage company developing a portfolio of immune-educating therapies based on its novel DPX® platform to treat solid and hematologic cancers, today announced the drawdown of the remaining US$10 million available under its existing US$25 million debt facility led by Horizon Technology Finance Corporation (Nasdaq: HRZN) ("Horizon"). This drawdown has been made available as the Company achieved a

IMV Strengthens Its Financial Position With the $US10 Million Drawdown From Its Existing Long-Term Debt Facility

FARMINGTON, Conn. , June 10, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (Nasdaq: HRZN) (the "Company" or "Horizon") announced today that it has priced an underwritten public offering of $50.0 million aggregate principal amount of notes due 2027 (the "Notes"), which will result in net proceeds to the Company of approximately $48.25 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Horizon Technology Finance Corporation Prices Offering of Notes

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FARMINGTON, Conn. , May 16, 2022 /PRNewswire/ -- Horizon Technology Finance Management LLC ("Horizon"), a registered investment adviser that underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries, and the manager and adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN), today announced that it has added six professionals across its operations, legal and investment teams.

Horizon Technology Finance Management Expands Operations and Investment Teams

Horizon Technology Finance (NASDAQ:HRZN ) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Megan Bacon - Director of IR and Marketing Rob Pomeroy - Chairman and CEO Jerry Michaud - President Dan Trolio - CFO Conference Call Participants Paul Johnson - KBW Operator Greetings, and welcome to Horizon Technology Finance Corporation First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Horizon Technology Finance (HRZN) CEO Rob Pomeroy on Q1 2022 Results - Earnings Call Transcript

Horizon Technology Finance (HRZN) delivered earnings and revenue surprises of -10.34% and 0.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Technology Finance (HRZN) Misses Q1 Earnings and Revenue Estimates

FARMINGTON, Conn. , May 3, 2022 /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 July, August and September 2022.

Horizon Technology Finance Announces Monthly Distributions for July, August and September 2022 Totaling $0.30 per Share

- Grew Portfolio Year over Year by 36% to Record $515 Million - - Horizon Platform Ends Quarter with Record Committed Backlog of $172 Million, Including Record $151 Million in HRZN Commitments - - First Quarter 2022 Net Investment Income per Share of $0.26; NAV per Share of $11.68 - - Debt Portfolio Yield of 12.4% - - Declares Regular Monthly Distributions Totaling $0.30 per Share - FARMINGTON, Conn. , May 3, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN", "Horizon" 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 first quarter ended March 31, 2022.

Horizon Technology Finance Announces First Quarter 2022 Financial Results

News for Horizon Technology Finance ETF (HRZN)