CHICAGO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the second quarter ended June 30, 2025. In a separate joint release issued on August 7, 2025, MRCC and Horizon Technology Finance Corporation ("HRZN") announced that they have entered into a definitive merger agreement (the "Merger Agreement"), under which MRCC would merge with and into HRZN (the "Merger"), subject to the receipt of certain shareholder approvals and the satisfaction of certain closing conditions. Additionally, MRCC announced that it has entered into an asset purchase agreement to sell its investment assets at fair value to Monroe Capital Income Plus Corporation (“MCIP”) immediately prior to the closing of the Merger (the "Asset Sale"), subject to the satisfaction or waiver of the closing conditions in the Merger Agreement and certain other closing conditions applicable to the Asset Sale, including the receipt of shareholder approval. For addi
Related Questions
What is the expected impact of the merger on MRCC's share price and liquidity?
How will the asset sale to MCIP affect MRCC's net asset value (NAV) and dividend policy?
What are the key terms and valuation multiples of the merger agreement with HRZN?
When are the required shareholder approvals and regulatory filings expected to be completed?
Will the merger create any dilution or upside for existing MRCC shareholders?
How does the combined entity's credit profile compare to MRCC's current BDC rating?
What synergies or cost savings are projected from the integration of MRCC into HRZN?
How will the merger affect MRCC's portfolio composition and sector exposure?
Are there any contingent or hidden liabilities associated with the asset purchase agreement?
What is the timeline for the closing of the merger and the subsequent asset sale?
How might the merger impact MRCC's ability to raise capital or issue new debt in the future?
What are the potential tax implications for shareholders resulting from the merger and asset sale?