06:07 AM EDT, 08/08/2025 (MT Newswires) -- Monroe Capital ( MRCC ) and Horizon Technology Finance ( HRZN ) said late Thursday they have signed a definitive merger agreement.

Under the terms of the deal, Horizon Technology will be the surviving public entity and will continue to be managed by Horizon Technology Finance Management.

Monroe Capital Income Plus has agreed that, immediately before the merger, it will acquire substantially all of the assets of Monroe Capital ( MRCC ) at fair value for cash.

Upon the merger's close, expected in Q4, the former Monroe Capital shareholders are expected to own about 37% of Horizon Technology, the companies said.

Shares of Monroe Capital ( MRCC ) were up 4.2% in recent premarket activity Friday.