HORIZON TECHNOLOGY FINANCE CORPORATION (NASDAQ:HRZN) Files An 8-K Other EventsItem 8.01
On August 24, 2017, Horizon Technology Finance Corporation (the “Company”) announced that previously announced ex-dividend dates for the October 16, 2017, November 15, 2017 and December 15, 2017 distribution payment dates did not conform to Nasdaq Rule 11140(b)(1) which shortens the period between the ex-dividend date and the record date to shorten payment settlement cycles as part of a securities industry initiative. The corrected ex-dividend dates for the distributions payable in the fourth quarter of 2017 are set forth in the table below for all of the monthly distributions declared by the Company’s Board of Directors on July 28, 2017.
| Ex-Dividend Date | Record Date | Payment Date | Amount Per Share |
| September 19, 2017 | September 20, 2017 | October 16, 2017 | $0.10 |
| October 18, 2017 | October 19, 2017 | November 15, 2017 | $0.10 |
| November 17, 2017 | November 20, 2017 | December 15, 2017 | $0.10 |
| Total: | $0.30 |
A copy of the press release announcing such dividend is attached hereto as Exhibit99.1 and is incorporated by reference herein.
| Section 9 | Financial Statements and Exhibits |
| Item 9.01 | Financial Statements and Exhibits |
| 99.1 | Press release of the Company dated August 24, 2017. |
Horizon Technology Finance Corp ExhibitEX-99.1 2 v473982_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Horizon Technology Finance Conforms Ex-Dividend Dates for Monthly Distributions Payable in October,…To view the full exhibit click here
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.
