Globenewswire·2026-03-10 13:15Core Viewpoint - Monroe Capital Corporation (MRCC) intends to enhance its final special distribution to legacy MRCC stockholders by $13.0 million ($0.61 per share) contingent upon stockholder approval of the merger with Horizon Technology Finance Corporation (HRZN) [1][3][5] Group 1: Distribution Plans - MRCC plans to distribute a total of approximately $15.9 million ($0.75 per share) to legacy MRCC stockholders, which includes a one-time cash distribution of $13.0 million and a final tax distribution of $2.9 million ($0.14 per share) [3][4] - HRZN's Board of Directors intends to utilize HRZN's undistributed taxable earnings of $27.6 million as of December 31, 2025, to supplement regular monthly distributions for two quarters post-merger, with expected distributions ranging from $0.02 to $0.04 per share per month [2][6] Group 2: Merger Details - The merger will result in HRZN being the surviving public entity, continuing to be managed by Horizon Technology Finance Management LLC and trading on NASDAQ under the symbol "HRZN" [1] - The pre-merger asset sale of MRCC's assets to Monroe Capital Income Plus Corporation (MCIP) is a prerequisite for the planned distributions and merger [4][5] Group 3: Management Commentary - Management expresses confidence that the planned enhancements will provide increased near-term value to MRCC stockholders while maintaining long-term benefits from the merger [6][7] - The commitment to strategic deployment of merger proceeds aims to create meaningful long-term benefits, including potential for higher earnings and greater portfolio diversification [7] Group 4: Stockholder Meetings - MRCC's special meeting for stockholder votes is scheduled for March 13, 2026, where stockholders are encouraged to participate and cast their votes [8][9]