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Stock impact report

Bulldog Investors Urges Board of Directors of Monroe Capital to Reconsider Merger into Horizon Technology Finance

Monroe Capital Corporation (MRCC) 
Last monroe capital corporation earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.monroebdc.com/investor-relations
Company Research Source: GlobeNewswire
SADDLE BROOK, N.J., March 06, 2026 (GLOBE NEWSWIRE) -- Bulldog Investors, LLP (“Bulldog”), one of the largest shareholders of Monroe Capital Corporation (NASDAQ: MRCC), holding 954,816 shares, announced today that it is urging Monroe’s Board of Directors to reconsider the proposed merger of Monroe into Horizon Technology Finance Corporation (NASDAQ: HRZN). When the proposed merger of Monroe into Horizon on a net asset value (“NAV”) for NAV basis was announced seven months ago, shareholders of Monroe were told that they would “realize [an] immediate 33% NAV premium to current trading price,” which was $6.21 at that time and a discount to its NAV of $8.29. At that time, Horizon’s shares were trading at a premium of about 12% above its NAV. An illustration of the merger benefits indicated to shareholders of Monroe that, assuming no significant changes occurred prior to the merger, they would receive shares of Horizon with a market value of about $8.56 per share (which was higher than Show less Read more
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