Monroe Capital Corporation Declares Final Distribution and Announces Key Dates for Shareholders Prior to Merger with Horizon Technology Finance Corporation

Key Highlights

• Final Cash Distribution Announced: Monroe Capital Corporation (NASDAQ: MRCC) has declared a final cash distribution to stockholders, encompassing all undistributed net ordinary income and capital gains through the anticipated closing of the company’s proposed merger with Horizon Technology Finance Corporation (NASDAQ: HRZN).
• Additional \$13 Million Distribution: The final distribution will also include an extra \$13 million sourced from the net proceeds received by MRCC from Monroe Capital Income Plus Corporation (MCIP) in a pre-merger asset sale.
• Contingent Payment: The actual amount of the final distribution will be determined prior to the merger closing, and payment is contingent on the successful completion of both the asset sale and the merger, expected to occur on April 14, 2026.
• Record Date and Payment Details: The distribution will be paid to stockholders of record as of the close of business on April 10, 2026. The specific payment date will be announced later.
• Important Note for Shareholders: Shareholders who sell their MRCC shares before and through the close of trading on the merger closing date will also transfer their entitlement to the final distribution to the buyer.
• No DRIP Participation: The company’s dividend reinvestment plan (DRIP) will not apply to this final distribution. All participants will receive the distribution in cash, not in MRCC shares.

Strategic Rationale and Forward-Looking Statements

The final distribution forms part of the wind-down process ahead of MRCC’s merger with Horizon Technology Finance Corporation. The merger is expected to bring together two externally managed, publicly traded business development companies (BDCs) with complementary investment strategies focused on U.S. middle-market companies.

MRCC’s board of directors and management highlight that this merger, along with the associated asset sale, is designed to maximize value for shareholders by distributing all remaining earnings and realized gains prior to the merger, while also providing additional cash from the asset sale. The anticipated benefits of the merger include improved operational scale, enhanced revenues and cash flow, greater growth potential, a stronger market profile, and increased financial strength for the combined entity.

The company has provided standard forward-looking statements, indicating that the timing and amount of the final distribution, as well as the closing of the asset sale and merger, are subject to risks and uncertainties. If these transactions are not completed as planned, the distribution and merger may not proceed as currently expected.

Important Information for Shareholders

• To Receive the Final Distribution: Shareholders must continue to hold their MRCC shares through the close of trading on the merger’s closing date. Selling shares before this date will result in forfeiting the entitlement to the final distribution, transferring it to the buyer.
• Payment in Cash Only: Regardless of participation in the DRIP, all shareholders will receive the final distribution in cash, not in additional shares.
• Market Sensitivity: The announcement of a contingent final distribution, the timing of key dates, and the pending merger with HRZN are all material events that could significantly affect MRCC’s share price in the coming weeks. Investors should monitor further announcements regarding the actual distribution amount and any updates on the merger and asset sale.

Contact Information

For further investor inquiries, contact:
Mick Solimene, Chief Financial Officer & Chief Investment Officer, Monroe Capital Corporation
[email protected] | (312) 598-8401

For media relations, contact:
Daniel Abramson, Gregory Agency
[email protected] | (555) 555-8441

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from those projected. Investors should consult the most recent filings by Monroe Capital Corporation and Horizon Technology Finance Corporation with the SEC and seek professional financial advice before making investment decisions.

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