Recent news coverage includes general market and commodity updates with limited direct relevance to MONROE CAPITAL Corp. The company’s recent financial results and merger activities have been reported in SEC filings and press releases.

• MONROE CAPITAL Corp completed its merger with Horizon Technology Finance Corporation, ceasing its separate existence as of April 14, 2026 [S1].
• The merger involved conversion of MONROE CAPITAL shares into HRZN shares at a ratio of 0.9402 shares of HRZN per MONROE CAPITAL share [S1].
• MONROE CAPITAL reported a net loss of $5.1 million and negative earnings per share of $0.24 for the fiscal year ended December 31, 2025 [S9][S7].
• The company amended its senior secured revolving credit agreement in January 2026, adjusting borrowing base mechanics and increasing interest margins [S15].
• MONROE CAPITAL’s stock was delisted from Nasdaq and deregistered under the Exchange Act following the merger completion [S2].
• The company’s management and administration fees paid to affiliated entities MC Advisors and MC Management were disclosed for 2025 [S1].
• The merger and asset sale transactions were subject to stockholder approvals and closing conditions, with associated risks disclosed [S2].
• Recent market news includes general commodity and market updates without direct impact on MONROE CAPITAL Corp [N1][N2][N3][N4][N5][N6][N7][N8].

MONROE CAPITAL’s established relationships with MC Advisors and MC Management provided a foundation for investment management and administrative services. The company’s revolving credit facility and amendments thereto offered financial flexibility. The merger with HRZN created a combined entity with potentially enhanced scale and resources. The company’s detailed SEC disclosures and governance structures, including audit committee oversight, support transparency and regulatory compliance.

The company reported a net loss and negative earnings per share for the fiscal year ended December 31, 2025, indicating financial challenges. The incentive fee structure may incentivize higher risk investments, potentially increasing volatility in returns. The merger and asset sale transactions imposed operational restrictions and covenants that limited business flexibility during the transaction period. The completion of the merger was subject to stockholder approvals and closing conditions, with risks that failure to complete could materially adversely affect the company. Post-merger, MONROE CAPITAL ceased to exist as an independent entity, which may impact continuity and strategic direction.

MONROE CAPITAL’s competitive position was supported by its investment advisory relationship with MC Advisors, which provided specialized management and valuation services. The company’s administration agreement with MC Management ensured operational support and financial recordkeeping. The company’s focus on senior secured loans and related investment strategies, along with its established credit facility, provided a framework for its investment activities. However, the incentive fee structure based on income not yet received in cash may encourage risk-taking in investment decisions. The company’s merger with HRZN and subsequent integration may alter its competitive dynamics and operational structure.

• Merger and Asset Sale Completion Risks: The merger and asset sale were subject to stockholder approvals and other closing conditions. Failure to complete these transactions could materially adversely affect the company’s business and operations [S2].
• Operational Restrictions During Transaction Period: Covenants and agreements during the merger and asset sale period restricted the company’s ability to pursue certain business opportunities and take actions considered in its best interests [S2][S19].
• Incentive Fee Structure Risks: The incentive fee is computed on income not yet received in cash, which may create incentives for the investment advisor to invest in higher risk securities [S1].
• Indemnification Obligations: The company has agreed to indemnify parties in connection with pre-closing liabilities and claims related to directors and officers, which could have material adverse impacts [S2][S16].
• Market Price and Liquidity Risks: The market price of the merger consideration shares may fluctuate due to factors beyond the company’s control, affecting stockholder value [S2].

• MONROE CAPITAL Corp was a publicly traded company listed on Nasdaq under ticker MRCC until April 14, 2026, when it completed a merger with Horizon Technology Finance Corporation (HRZN) and ceased separate existence [S1].
• The merger was structured as a two-step process: first, Merger Sub merged into MONROE CAPITAL with MONROE CAPITAL surviving as a wholly owned subsidiary of HRZN, then MONROE CAPITAL merged into HRZN with HRZN surviving [S1].
• Post-merger, MONROE CAPITAL withdrew its election to be treated as a business development company under the 1940 Act [S1].
• At the effective time of the merger, each share of MONROE CAPITAL common stock was converted into 0.9402 shares of HRZN common stock, with cash paid in lieu of fractional shares [S1].
• MONROE CAPITAL had an investment advisory and management agreement with MC Advisors, which earned approximately $6.8 million in base management fees for the year ended December 31, 2025, with no incentive fees accrued or paid for that year [S1].
• MC Advisors was designated as the valuation designee for MONROE CAPITAL's investments pursuant to SEC Rule 2a-5 under the 1940 Act [S1].
• MONROE CAPITAL had an administration agreement with Monroe Capital Management Advisors, LLC (MC Management), which provided office facilities, clerical, bookkeeping, recordkeeping, and other administrative services. MC Management was reimbursed $1.5 million in expenses for the year ended December 31, 2025 [S1].
• MONROE CAPITAL had previously co-invested in senior secured loans through an unconsolidated entity, MRCC Senior Loan Fund I, LLC (SLF), which was liquidated as of December 31, 2025 [S1].
• MONROE CAPITAL entered into an amendment to its senior secured revolving credit agreement in January 2026, which included adjustments to borrowing base mechanics, increased interest margins, and enhanced mandatory prepayment provisions [S15].
• For the fiscal year ended December 31, 2025, MONROE CAPITAL reported cash and cash equivalents of $1,925,000 and a net loss of $5,122,000, with basic and diluted earnings per share of -$0.24 [S9][S7].
• The company’s audit fees for 2025 were $360,000 paid to Grant Thornton LLP, which was appointed as the independent registered accounting firm for the fiscal year ending December 31, 2025 [S1].
• MONROE CAPITAL’s business was materially affected by the merger and asset sale transactions with HRZN and MCIP, including operational restrictions and covenants during the transaction period [S2][S19].
• The merger and asset sale were subject to stockholder approvals and other closing conditions, with risks that failure to complete the transactions could materially adversely affect the company’s business and operations [S2][S12].
• MONROE CAPITAL’s stock was delisted from Nasdaq and deregistered under the Exchange Act following the merger completion on April 14, 2026 [S2][S3].
• The company’s incentive fee structure may create incentives for MC Advisors to invest in higher risk securities, as fees are based on income not yet received in cash [S1].
• MONROE CAPITAL’s financial reporting and disclosures are prepared in accordance with SEC requirements, including detailed notes on related party transactions and management agreements [S1].