Horizon Technology Finance Corp. Files 8-K

TL;DR

HTFC filed an 8-K on 5/10/24 for a material definitive agreement. Watch for details.

AI Summary

Horizon Technology Finance Corp. announced on May 10, 2024, that it entered into a material definitive agreement. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located at 312 Farmington Avenue, Farmington, CT 06032.

Why It Matters

This 8-K filing indicates a significant event for Horizon Technology Finance Corp., likely related to a material definitive agreement, which could impact its financial standing and future operations.

Risk Assessment

Risk Level: low — This filing is a standard disclosure of a material definitive agreement and does not inherently present new risks to the company.

Key Players & Entities

• Horizon Technology Finance Corp. (company) — Registrant
• May 10, 2024 (date) — Date of earliest event reported
• 312 Farmington Avenue, Farmington, CT 06032 (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share HRZN The Nasdaq Stock Mar

Filing Documents

• hrzn20240507_8k.htm (8-K) — 33KB
• ex_669802.htm (EX-10.2) — 154KB
• ex_669803.htm (EX-10.3) — 116KB
• ex_669804.htm (EX-10.5) — 24KB
• 0001437749-24-015821.txt ( ) — 526KB
• hrzn-20240510.xsd (EX-101.SCH) — 4KB
• hrzn-20240510_def.xml (EX-101.DEF) — 13KB
• hrzn-20240510_lab.xml (EX-101.LAB) — 18KB
• hrzn-20240510_pre.xml (EX-101.PRE) — 13KB
• hrzn20240507_8k_htm.xml (XML) — 6KB

01

Item 1.01 Entry into a Material Definitive Agreement On May 6, 2024 (the " 2024 Amendment Date "), Horizon Funding I, LLC (the " Issuer "), a Delaware limited liability company and indirect wholly owned subsidiary of Horizon Technology Finance Corporation (the " Company "), executed a Fourth Supplemental Indenture by and among the Issuer and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association as trustee (the " Trustee ") (the " Fourth Supplemental Indenture "), which amended that certain Indenture by and among the Issuer and the Trustee, dated as of June 1, 2018 (the " Indenture "), which extended the Legal Final Payment Date to June 2030. Concurrently, the Issuer entered into the Fourth Amended and Restated Note Funding Agreement by and among the Issuer and the Initial Purchasers (as defined therein) (the " Fourth A&R Note Funding Agreement "). In addition, the Company entered into that certain Amendment No. 5 to Sale and Servicing Agreement by and among the Issuer, the Company, Horizon Secured Loan Fund I LLC (" HSLFI "), the Trustee and U.S. Bank National Association (" U.S. Bank ") (the " Amendment No. 5 "), which amended that certain Sale and Servicing Agreement by and among the Issuer, the Company, HSLFI, and U.S. Bank, dated as of June 1, 2018 (as amended, the " Sale and Servicing Agreement "). The Amendment No. 5, among other things, (1) amended the Interest Rate for borrowings made after the 2024 Amendment Date, fixing the Interest Rate at the greater of (i) 4.60% and (ii) the Pricing Benchmark (as defined therein) plus 3.20% with the Interest Rate to be reset on any Advance Date (as defined therein) according to the terms therein, (2) extended the term of the Investment Period Termination Date from June 5, 2024 to June 5, 2025 or such later date upon the mutual agreement of HSLFI and the Noteholders (as defined therein), and (3) extended the Legal Final Payment Date from June 2029 to June 2030. The

Financial Statements and Exhibits

Financial Statements and Exhibits

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 10.1 Sale and Servicing Agreement, dated as of June 1, 2018, by and among Horizon Funding I, LLC, the issuer, Horizon Secured Loan Fund I LLC, the originator and seller, Horizon Technology Finance Corporation, the servicer, and U.S. Bank National Association (Incorporated by reference to Exhibit 10.1 of the Company's Current Report on Form 8-K, filed on June 26, 2020). 10.2 Amendment No. 5 to Sale and Servicing Agreement, dated as of May 6, 2024, by and among Horizon Funding I, LLC, the issuer, Horizon Secured Loan Fund I LLC, the originator and seller, Horizon Technology Finance Corporation, the servicer, U.S. Bank Trust Company, National Association and U.S. Bank National Association. 10.3 Fourth Amended and Restated Note Funding Agreement, dated as of May 6, 2024, by and among Horizon Funding I, LLC, the issuer, and the Initial Purchasers (as defined therein). 10.4 Indenture, dated as of June 1, 2018, by and among Horizon Funding I, LLC, the issuer, and U.S. Bank National Association (Incorporated by reference to Exhibit 10.5 of the Company's Current Report on Form 8-K, filed on June 26, 2020). 10.5 Fourth Supplemental Indenture, dated as of May 6, 2024, by and among Horizon Funding I, LLC, the issuer, and U.S. Bank Trust Company, National Association. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 9, 2024 HORIZON TECHNOLOGY FINANCE CORPORATION By: /s/ Robert D. Pomeroy, Jr. Robert D. Pomeroy, Jr. Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR