FARMINGTON, Conn., May 30, 2023 /PRNewswire/ — Horizon Technology Finance Corporation (Nasdaq: HRZN) (the “Company” or “Horizon”) introduced at the moment a proposed underwritten major providing of three,250,000 shares of its frequent inventory. In reference to the proposed providing, the Company intends to grant the underwriters for the providing a 30-day choice to buy as much as an extra 487,500 shares of the Company’s frequent inventory.

The joint-lead book-running managers for the providing are Morgan Stanley & Co. LLC, UBS Investment Bank, and Wells Fargo Securities.

The Company intends to make use of the online proceeds of this providing to repay its excellent debt borrowed below its revolving credit score facility offered by KeyBank National Association (the “Key Facility”). However, via re-borrowing of the preliminary repayments below its Key Facility, the Company intends to make use of the online proceeds from this providing to make investments in accordance with its funding goal and methods described within the prospectus complement and the accompanying prospectus, to pay the Company’s working bills and different money obligations, and for common company functions.

Investors are suggested to rigorously think about the funding goal, dangers, prices and bills of the Company earlier than investing. The preliminary prospectus complement dated May 30, 2023 and the accompanying base prospectus dated July 21, 2021 comprises this and different details about the Company and ought to be learn rigorously earlier than investing. The info within the preliminary prospectus complement, the accompanying prospectus and this press launch will not be full and could also be modified.

The providing could also be made solely by the use of a preliminary prospectus complement and an accompanying prospectus, copies of which can be obtained from (1) Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, (2) UBS Investment Bank, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, Telephone: 888-827-7275, or by e mail at [email protected] or (3) Wells Fargo Securities, LLC at 550 West 33^rd Street, New York, New York, 1001, Attn: Equity Syndicate Department, by calling toll free 1-800-326-5897, or by e mail at [email protected].

This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase the securities on this providing or every other securities nor will there be any sale of those securities or every other securities referred to on this press launch in any state or jurisdiction by which such supply, solicitation or sale can be illegal previous to the registration or qualification below the securities legal guidelines of such state or jurisdiction.

About Horizon Technology Finance

Horizon Technology Finance Corporation (NASDAQ: HRZN) is a number one specialty finance firm that gives capital within the type of secured loans to enterprise capital backed firms within the expertise, life science, healthcare info and providers, and sustainability industries. The funding goal of Horizon is to maximise its funding portfolio’s return by producing present revenue from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional workplace in Pleasanton, California, and funding professionals positioned in Austin, Texas, Chicago, Illinois, Reston, Virginia and Portland, Maine. To be taught extra, please go to horizontechfinance.com.

Forward-Looking Statements

Statements included herein could represent “forward-looking statements” inside the that means of the Private Securities Litigation Reform Act of 1995. Statements aside from statements of historic info included on this press launch could represent forward-looking statements and will not be ensures of future efficiency, situation or outcomes and contain numerous dangers and uncertainties. Actual outcomes could differ materially from these within the forward-looking statements on account of numerous elements, together with these described every now and then within the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to replace any forward-looking assertion made herein. All forward-looking statements converse solely as of the date of this press launch.

Contacts:

Investor Relations:
ICR
Garrett Edson
[email protected]
(860) 284-6450

Media Relations:
ICR
Chris Gillick
[email protected]
(646) 677-1819

SOURCE Horizon Technology Finance Corporation