M&A - Horizon Technology Finance Corp
Form Type: 8-K
Filing Date: 2025-03-31
Corporate Action: Acquisition
Type: New
Accession Number: 000143774925010186
Filing Summary: On March 31, 2025, Horizon Technology Finance Corporation entered into a new investment management agreement with Horizon Technology Finance Management LLC, its registered investment adviser, following the acquisition of 75% of the equity interests of its adviser by Momentum US Bidco LLC, an affiliate of Wendel SE. The stockholders approved this agreement at a special meeting held on February 21, 2025. The new agreement maintains the same terms as the previous one, except for updates in date and term. This acquisition signifies a change of control within the advisory firm, which continues to manage the company. A press release confirming the acquisition details was issued by Monroe.
Additional details:
Investment Management Agreement Date: 2025-03-31
Acquiree: Momentum US Bidco LLC
Acquiring Entity: Wendel SE
Percentage Equity Acquired: 75
Previous Agreement Termination Date: 2025-03-31
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