NEW YORK – March 25, 2025 – Pomerantz LLP announced an investigation into claims on behalf of investors in Horizon Technology Finance Corporation (NASDAQ: HRZN). The investigation focuses on whether Horizon, along with certain of its officers and/or directors, engaged in securities fraud or other illicit activities.
Investors are urged to contact Danielle Peyton at [email protected] or by phone at 646-581-9980, extension 7980, to learn more about the investigation and potential options.
The investigation stems from Horizon’s recent financial performance. On March 4, 2025, the company released its financial and operating results for the fourth quarter and full year ending December 31, 2024. The reported total investment income was $23.5 million, falling short of the consensus estimate of $26.1 million. This figure also reflected a decline compared to both the prior year and the previous quarter.
Additionally, Horizon reported a net asset value of $8.43 per share, a decrease from $9.06 per share in the preceding quarter. The company’s Chief Executive Officer attributed this decline to “stressed investments.” This news caused Horizon’s stock price to drop $0.96 per share, or 9.95%, closing at $8.65 on March 5, 2025.
Pomerantz LLP is a globally recognized law firm with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv. Founded by the late Abraham L. Pomerantz, a pioneer in securities class actions, the firm continues its commitment to advocating for the rights of investors who have been victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The firm has a history of securing substantial damages awards for class members.
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Contact: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980
