Horizon Technology Finance Announces Supplemental Distributions for Combined Company Stockholders Following Merger with Monroe Capital Corporation.

Horizon Technology Finance Corporation announced its intent to supplement regular monthly distributions for combined company stockholders following the merger with Monroe Capital Corporation. The company plans to use its current undistributed taxable earnings of $27.6 million to increase distributions for two quarters post-merger. The first quarter post-closing distributions are expected to be in the range of $0.02 to $0.04 per share per month. Monroe Capital Corporation also announced an increase in its final special distribution to legacy stockholders by $13 million, contingent on stockholder approval.