Horizon Technology: Edging Closer To A Potential Dividend Cut

II CHIA 083 100 p 198 188 i I P III # # HOBEL 1984 1 000 1 I I I H . Hiroshi Watanabe I have been covering Horizon Technology Finance (NASDAQ:HRZN) since December, 2023, when I issued first article on this BDC that was relatively bearish. The main drivers behind my conservative view on HRZN were related to the following factors: Significant premium over NAV. Business model that is based on VC-type funding instead of more conservative BDC models, which provide capital to already well-established and durable ...