Horizon Technology Finance Announces Second Quarter 2014 Financial Results
Implements Major Initiatives to Benefit Shareholders
FARMINGTON, Conn., Aug. 5, 2014 -- Horizon Technology Finance Corporation (HRZN) (the "Company" or "Horizon"), a leading specialty finance company that provides secured loans to venture capital and private equity-backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries, today announced its financial results for the second quarter ended June 30, 2014.
Second Quarter 2014 Highlights
- Filed a Management Assessment Questionnaire with the Small Business Administration as the first step in the Small Business Investment Company ("SBIC") license process
- Amended investment management agreement to eliminate management fees on cash and to implement a fee cap and deferral mechanism on certain incentive fees effective July 1, 2014
- Published: 06 August 2014
- Written by Editor