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Kirby McInerney LLP Announces Investigation of Claims Against Horizon Technology Finance Corporation (HRZN) on Behalf of Investors

1. Horizon Technology Finance under investigation for potential securities law violations. 2. Company's Q4 2024 earnings miss estimates, reporting $23.5 million investment income. 3. Net asset value fell to $8.43 per share from $9.06 in prior quarter. 4. Share price dropped by $0.95 following the earnings announcement. 5. Legal scrutiny could further affect investor confidence and stock performance.

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FAQ

Why Bearish?

The stock has already declined due to missed earnings and legal concerns, similar to past scenarios where underperformance led to sustained downturns.

How important is it?

The article discusses significant negative financial results and ongoing legal issues, likely affecting stock price and investor sentiment.

Why Short Term?

Legal investigations can create immediate uncertainty; however, long-term performance depends on resolution outcomes.

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NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Horizon Technology Finance Corporation (“Horizon” or the “Company”) (NASDAQ:HRZN). The investigation concerns whether Horizon and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On March 4, 2025, Horizon issued a press release announcing its financial and operating results for the fourth quarter and full year ended December 31, 2024. Among other items, Horizon reported total investment income of $23.5 million, missing the consensus estimate of $26.1 million and declining both year-over-year and from the previous quarter. Horizon also reported net asset value of $8.43 per share, compared to $9.06 per share in the previous quarter, a decline that the Company’s Chief Executive Officer attributed to “stressed investments.” On this news, the price of Horizon shares declined by $0.95 per share, from $9.60 per share on March 4, 2025, to close at $8.65 on March 5, 2025. If you purchased or otherwise acquired Horizon securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT US] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ContactsKirby McInerney LLPThomas W. Elrod, Esq.212-699-1180https://www.kmllp.cominvestigations@kmllp.com

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