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HORIZON ALERT: Bragar Eagel & Squire, P.C. is Investigating Horizon Technology Finance Corporation on Behalf of Horizon Stockholders and Encourages Investors to Contact the Firm
HRZNHorizon Technology Finance(HRZN) GlobeNewswire News Room·2025-04-01 01:00

Core Viewpoint - Horizon Technology Finance Corporation is under investigation for potential violations of federal securities laws and unlawful business practices, following disappointing financial results that led to a significant drop in stock price [1][2][3]. Financial Performance - For the fourth quarter and full year ended December 31, 2024, Horizon reported total investment income of 23.5million,whichwasbelowtheconsensusestimateof23.5 million, which was below the consensus estimate of 26.1 million and represented a decline from both the previous quarter and year-over-year [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]. Stock 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].