Horizon Technology Finance Corporation Announces Monroe Capital'S Agreement To Acquire Horizon Technology Finance Management

Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced that an affiliate of Monroe Capital LLC ("Monroe Capital"), a premier boutique middle market asset manager, has entered into a definitive agreement to acquire Horizon Technology Finance Management LLC ("HTFM"), the investment adviser to the Company (the "Transaction"), and that the Company's Board of Directors has unanimously approved a new investment advisory agreement with HTFM, subject to stockholder approval and the closing of the Transaction.