Monroe Capital Announces $13M Increase in Pre-Merger Closing Distribution, $15.9M Total

Monroe Capital Corporation announced a $13.0 million increase in its special pre-merger closing distribution to legacy stockholders, resulting in a $15.9 million ($0.75 per share) total distribution. The distribution is contingent upon stockholder approval of the merger with Horizon Technology Finance Corporation. Following the merger, the surviving entity will continue to be managed by Horizon Technology Finance Management LLC and trade on NASDAQ under the symbol "HRZN".