Monroe Capital Corporation
https://www.horizontechfinance.com/monroe-capital-corporation-merger
Monroe Capital Corporation was a publicly traded Business Development Company (BDC) headquartered in Chicago, Illinois. Its primary mission was to maximize total return to its stockholders through current income and capital appreciation. The company operated as an externally managed, closed-end, non-diversified management investment company, regulated under the Investment Company Act of 1940.
The company specialized in providing customized financing solutions to lower middle-market companies primarily in the United States and Canada. Its investment portfolio focused on originating and investing in senior secured, unitranche secured, and junior secured debt, as well as subordinated debt and, to a lesser extent, unsecured debt and equity co-investments. Monroe Capital Corporation typically targeted companies with EBITDA between $3 million and $35 million.
Monroe Capital Corporation completed an asset sale to Monroe Capital Income Plus Corporation and subsequently merged with Horizon Technology Finance Corporation (NASDAQ: HRZN) on April 14, 2026. Following these transactions, Monroe Capital Corporation's common stock, which previously traded on NASDAQ under the ticker MRCC, was delisted. Theodore L. Koenig served as the Chairman and CEO of Monroe Capital Corporation prior to the merger, and all officers and directors resigned at the effective time of the merger.
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