STOCK INFORMATION [ NASDAQ: HRZN ]
4:00 PM ET on Dec 4, 2013
Delayed at least 20 min. Provided by eSignal.
We are a specialty finance company that lends to and invests in development-stage companies in the technology, life science, healthcare information and services, and cleantech industries (collectively, our Target Industries). Our investment objective is to generate current income from the loans we make and capital appreciation from the warrants we receive when making such loans. We make secured loans (Venture Loans) to companies backed by established venture capital and private equity firms in our Target Industries (Venture Lending). We also selectively lend to publicly traded companies in our Target Industries.
We are an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a BDC under the 1940 Act. We have elected to be treated for federal income tax purposes as a regulated investment company (RIC), under Subchapter M of the Internal Revenue Code (the Code). As a RIC, we generally will not have to pay corporate-level federal income taxes on any net ordinary income or capital gains that we distribute to our stockholders if we meet certain source-of-income, distribution, asset diversification and other requirements.
Horizons common stock trades on the NASDAQ Global Select Market under the ticker symbol, HRZN. In addition, the Companys 7.375% Senior Notes due 2019 trade on the New York Stock Exchange under the ticker symbol HTF.
We are externally managed and advised by our Advisor, Horizon Technology Finance Management LLC. Visit www.horizontechfinance.com for more information on our Advisor. Our Advisor manages our day-to-day operations and also provides all administrative services necessary for us to operate.
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