HORIZON TECHNOLOGY FINANCE CORPORATION (NASDAQ:HRZN) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
On March 7, 2019, a new Investment Management Agreement (the “Advisory Agreement”) by and between Horizon Technology Finance Corporation (the “Company”) and its registered investment advisor, Horizon Technology Finance Management LLC (the “Advisor”), became effective. The stockholders of the Company, at a meeting of stockholders of the Company convened on October 11, 2018 and reconvened on October 30, 2018, previously approved the Advisory Agreement to become effective upon a change of control of the Advisor.
The Advisory Agreement is filed as Exhibit 10.1 to this current report on Form 8-K and by this reference incorporated herein.
| Section 9 | Financial Statements and Exhibits |
| Item 9.01 | Financial Statements and Exhibits |
Horizon Technology Finance Corp Exhibit
EX-10.1 2 tv515764_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 INVESTMENT MANAGEMENT AGREEMENT This Investment Management Agreement (“Agreement”) is made effective as of March 7,…
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About HORIZON TECHNOLOGY FINANCE CORPORATION (NASDAQ:HRZN)
Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The Company operates through lending and investment segment. The Company operates as a specialty finance company. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and cleantech industries (collectively Target Industries). The Company is focused on making secured debt investments (Venture Loans) to venture capital backed companies in its Target Industries. It also provides Venture Loans to publicly traded companies in its Target Industries. Its debt investment portfolio consists of approximately 50 debt investments. Horizon Technology Finance Management LLC is the investment advisor of the Company.
