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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Horizon Technology Finance Corporation - HRZN
HRZNHorizon Technology Finance(HRZN) Prnewswire·2025-03-17 16:28

Core Viewpoint - Horizon Technology Finance Corporation is under investigation for potential securities fraud and unlawful business practices following disappointing financial results [1][2]. Financial Performance - Horizon reported total investment income of 23.5millionforQ4andfullyear2024,missingtheconsensusestimateof23.5 million for Q4 and full year 2024, missing the consensus estimate of 26.1 million and showing a decline year-over-year and from the previous quarter [2]. - The net asset value per share decreased to 8.43from8.43 from 9.06 in the previous quarter, attributed to "stressed investments" by the CEO [2]. Market Reaction - Following the announcement of the financial results, Horizon's stock price fell by 0.96pershare,or9.950.96 per share, or 9.95%, closing at 8.65 per share on March 5, 2025 [3].