Business Context and Reporting Period
Company: Horizon Technology Finance Corporation (HRZN)
Filing Type: Form 8-K (Current Report)
Report Date: February 6, 2026
Event: Entry into Material Definitive Agreements
On February 6, 2026, Horizon Credit II LLC (HCII), a wholly-owned subsidiary of the Company, executed Amendment No. 3 to its Second Amended and Restated Loan and Security Agreement with KeyBank National Association as agent. Additionally, on February 10, 2026, HCII and the Company executed Amendment No. 3 to the Second Amended and Restated Sale and Servicing Agreement.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt balances, or liquidity ratios. This report focuses exclusively on the execution of contractual amendments rather than the disclosure of financial performance data.
Material Changes
The primary material change is the amendment of existing credit and servicing facilities:
- Loan Agreement: Amendment No. 3 to the Second Amended and Restated Loan and Security Agreement (originally dated June 22, 2021) was executed on February 6, 2026.
- Sale and Servicing Agreement: Amendment No. 3 to the Second Amended and Restated Sale and Servicing Agreement (originally dated June 22, 2021) was executed on February 10, 2026.
The filing summarizes the execution of these documents but does not detail the specific financial terms or changes within the amendments in the body text, referring instead to the exhibits.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors related to the amendments. The document states that the descriptions of the agreements are summaries and are qualified in their entirety by the full terms of the agreements filed as exhibits.
Investor Verification Checklist
- Review Exhibit 10.4 (Amendment No. 3 to Loan Agreement) to determine changes to interest rates, covenants, or borrowing capacity.
- Review Exhibit 10.8 (Amendment No. 3 to Sale and Servicing Agreement) to identify modifications to servicing fees or collateral requirements.
- Verify the impact of these amendments on the Company's leverage ratios and liquidity position in the next quarterly report (10-Q).
- Confirm whether the amendments were triggered by specific covenant adjustments or market conditions.