Monroe Capital increases special distribution to $15.9 million ahead of merger

Monroe Capital Corporation (NASDAQ: MRCC) announced it will increase its special pre-merger distribution to stockholders by $13.0 million, bringing the total distribution to $15.9 million or $0.75 per share.

The increased distribution is contingent upon stockholder approval of Monroe Capital's previously announced merger with Horizon Technology Finance Corporation (NASDAQ: HRZN). The distribution consists of $2.9 million in undistributed taxable earnings and a $13.0 million supplemental payment sourced from Monroe Capital's asset sale to Monroe Capital Income Plus Corporation.

Horizon Technology Finance's board announced plans to supplement regular monthly distributions for the combined company using $27.6 million in undistributed taxable earnings as of December 31, 2025. The supplemental distributions are expected to range from $0.02 to $0.04 per share monthly for two quarters following the merger closing.

The distribution will be paid to Monroe Capital stockholders of record prior to the merger's effectiveness. Payment depends on several conditions, including stockholder approvals at special meetings scheduled for March 13, 2026, for both companies.

"We are pleased to announce the planned increase in MRCC's final special distribution to MRCC's legacy stockholders," said Theodore L. Koenig, Chairman and Chief Executive Officer of Monroe Capital.

Following the merger, Horizon Technology Finance will be the surviving public entity, continuing to trade on NASDAQ under the symbol "HRZN" and managed by Horizon Technology Finance Management LLC.

Monroe Capital Corporation is a publicly traded business development company that primarily invests in senior, unitranche and junior secured debt of U.S. middle-market companies.

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