HORIZON TECHNOLOGY FINANCE CORPORATION (NASDAQ:HRZN) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders. |
Annual Meeting Results
On June 8, 2017, Horizon Technology Finance Corporation (the
Company) held its annual meeting of stockholders (the Annual
Meeting). At the Annual Meeting, the Companys stockholders
approved two proposals. The proposals are described in detail in
the Companys definitive proxy statement for the Annual Meeting as
filed with the Securities and Exchange Commission on April 20,
2017. As of April 13, 2017, the record date for the Annual
Meeting, 11,515,181 shares of common stock were eligible to vote.
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Proposal 1.The Companys stockholders elected two Class I directors of the Company, each of whom will serve until the 2020 Annual Meeting, or until his successor is duly elected and qualified or until his earlier resignation, removal from office, death or incapacity.The two directors were elected to the voting results set forth below: |
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| For | Withheld |
Broker Non-Votes |
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| James J. Bottiglieri | 3,793,055 | 675,139 | 5,584,566 | |||
| Gerald A. Michaud | 4,140,222 | 327,972 | 5,584,566 | |||
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Proposal 2.The Companys stockholders ratified the selection of RSM US LLP to serve as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2017, as set forth below: |
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| For | Against | Abstain | ||||
| 9,795,653 | 149,475 | 107,632 | ||||
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.