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Hot Stocks
Horizon Technology leads $15M growth capital to Nogin » 16:16
08/18/21
08/18
16:16
08/18/21
16:16
HRZN

Horizon Technology

$16.95 /

-0.095 (-0.56%)

Horizon Technology…

Horizon Technology Finance Corporation announced it led a $15M venture loan facility to Branded Online, doing business as Nogin, of which Horizon funded $5M of the initial $10M draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $5M. "Nogin's enterprise-class, commerce as a service platform represents a diverse range of global consumer brands. Its proven technology sheds significant operating expenses, enabling leadership to focus on the outcomes that matter most: products and profit. Nogin provides the experience, tools, and technology that help brands drive revenue and reduce costs, while staying ahead of the ever-changing retail landscape," said Gerald A. Michaud, President of Horizon. "We are excited to support Nogin's growth as it continues to add high-profile consumer brands powered by its intelligent eCommerce platform."

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HRZN Horizon Technology
$16.95 /

-0.095 (-0.56%)

HRZN Horizon Technology
$16.95 /

-0.095 (-0.56%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$16.95 /

-0.095 (-0.56%)

Hot Stocks
Cerecor announces drawdown of $10M tranche under debt financing agreement » 07:48
08/02/21
08/02
07:48
08/02/21
07:48
CERC

Cerecor

$2.66 /

-0.04 (-1.48%)

, HRZN

Horizon Technology

$17.12 /

-0.3 (-1.72%)

Cerecor (CERC) announced…

Cerecor (CERC) announced that it has completed its second drawdown of $10M under its previously announced $35M debt financing agreement with Horizon Technology Finance Corporation (HRZN). This second tranche was made available in connection with the Company's successful positive initial results from a Phase 1b proof-of-concept study evaluating CERC-002, an investigational first-in-class fully human anti-LIGHT monoclonal antibody, in adult patients with moderate- to-severe Crohn's disease, which was announced on July 26, 2021. With the closing of the second tranche, the Company has drawn down a total of $30M under its debt financing agreement with Horizon. Each advance of the loan will be repaid in 42 monthly payments. With the achievement of the interest only extension milestone, which the Company met upon the funding of the second drawdown, the interest-only period was extended to 24 months followed by monthly payments of principal and accrued interest through its maturity date. An additional $5M may be funded upon Cerecor achieving certain predetermined milestones. Proceeds will be used to support the ongoing clinical development of key investigational product candidates within its pipeline and for general working capital purposes. As of June 30, 2021, the Company had $40.4M in cash and cash equivalents, which excludes the second drawdown of $10M under the debt financing agreement.

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HRZN Horizon Technology
$17.12 /

-0.3 (-1.72%)

CERC Cerecor
$2.66 /

-0.04 (-1.48%)

CERC Cerecor
$2.66 /

-0.04 (-1.48%)

06/04/21 Cantor Fitzgerald
Cerecor initiated with an Overweight at Cantor Fitzgerald
04/21/21 Maxim
Cerecor upgraded to Buy from Hold at Maxim
04/21/21 Maxim
Cerecor upgraded to Buy from Hold at Maxim
04/20/21 Jefferies
Cerecor initiated with a Buy at Jefferies
HRZN Horizon Technology
$17.12 /

-0.3 (-1.72%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$17.12 /

-0.3 (-1.72%)

CERC Cerecor
$2.66 /

-0.04 (-1.48%)

  • 08
    Jan
Earnings
Horizon Technology reports Q2 EPS 31c, consensus 30c » 16:33
07/27/21
07/27
16:33
07/27/21
16:33
HRZN

Horizon Technology

$17.42 /

+0.04 (+0.23%)

Reports Q2 net asset…

Reports Q2 net asset value of $224.3M, or $11.20 per share; and net investment income of $6.1M, compared to $6.7M or 40c per share for the prior-year period. "We are pleased with our Q2 performance, as we passed the $400M milestone in portfolio size and generated net investment income of 31c per share, which exceeded our second quarter distributions to shareholders," said Robert D. Pomeroy, Jr., Chairman and CEO. "Bolstered by our strong brand and the ability to partner with the origination capacity from HTFM's new investment vehicle, the Company originated over $67M of new venture loans, alongside $32M in investments by HTFM's vehicle, leading to further portfolio growth and diversification for Horizon. At the same time, Horizon completed five portfolio exits, helping to produce one of the industry's highest debt portfolio yields of nearly 15% - all a testament to HTFM's predictive pricing strategy."

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HRZN Horizon Technology
$17.42 /

+0.04 (+0.23%)

HRZN Horizon Technology
$17.42 /

+0.04 (+0.23%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$17.42 /

+0.04 (+0.23%)

Over a quarter ago
Hot Stocks
Horizon Technology names Daniel Devorsetz as COO » 16:19
06/09/21
06/09
16:19
06/09/21
16:19
HRZN

Horizon Technology

$17.31 /

+0.015 (+0.09%)

Horizon Technology…

Horizon Technology announced that it has appointed Daniel Devorsetz as COO, effective immediately. In addition, Devorsetz has concurrently been appointed as COO of Horizon's external investment advisor, Horizon Technology Finance Management. He currently serves as Chief Investment Officer for both Horizon and the Advisor, and will continue in those roles. He reports to Horizon President Gerald Michaud. Devorsetz joined HTFM in 2004 as Vice President, Credit, responsible for credit underwriting and portfolio management. He authored the policies and developed the tools and systems used by the team to structure, underwrite, and track its investments. Devorsetz was promoted to Chief Credit Officer in 2008 and named Chief Investment Officer in 2014. In recent years, his efforts have further enhanced Horizon's industry leading business development, credit operations and portfolio management functions.

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HRZN Horizon Technology
$17.31 /

+0.015 (+0.09%)

HRZN Horizon Technology
$17.31 /

+0.015 (+0.09%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$17.31 /

+0.015 (+0.09%)

Conference/Events
Horizon Technology management to meet virtually with Maxim » 04:55
06/08/21
06/08
04:55
06/08/21
04:55
HRZN

Horizon Technology

$16.96 /

+0.05 (+0.30%)

Virtual Meeting to be…

Virtual Meeting to be held on June 8 hosted by Maxim.

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HRZN Horizon Technology
$16.96 /

+0.05 (+0.30%)

HRZN Horizon Technology
$16.96 /

+0.05 (+0.30%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$16.96 /

+0.05 (+0.30%)

Conference/Events
Horizon Technology management to meet virtually with Maxim » 14:43
06/07/21
06/07
14:43
06/07/21
14:43
HRZN

Horizon Technology

$16.95 /

+0.04 (+0.24%)

Virtual Meeting to be…

Virtual Meeting to be held on June 8 hosted by Maxim.

ShowHide Related Items >><<
HRZN Horizon Technology
$16.95 /

+0.04 (+0.24%)

HRZN Horizon Technology
$16.95 /

+0.04 (+0.24%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$16.95 /

+0.04 (+0.24%)

Hot Stocks
Cerecor enters $35M debt financing agreement with Horizon Technology » 07:24
06/07/21
06/07
07:24
06/07/21
07:24
CERC

Cerecor

$2.91 /

+0.185 (+6.79%)

, HRZN

Horizon Technology

$16.93 /

+0.16 (+0.95%)

Cerecor Inc. (CERC)…

Cerecor Inc. (CERC) announced that it has entered into a debt financing agreement led by Horizon Technology Finance Corporation (HRZN) to provide up to $35.0 million in term loans. $20 million of the $35 million loan was funded upon closing. The remaining $15 million may be funded upon Cerecor achieving certain predetermined milestones. Each advance of the loan will be repaid in 42 monthly payments consisting of 18 monthly payments of interest only, followed by 24 monthly payments of principal and accrued interest, and will be payable monthly in arrears. The interest-only period may be extended to 24 months contingent upon Cerecor achieving certain milestones. In connection with the financing, Cerecor issued Horizon warrants to purchase up to 403,844 of its common shares at an exercise price of $2.60 per share. Proceeds will be used to support the ongoing clinical development of key investigational product candidates within its pipeline and for general working capital purposes.

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HRZN Horizon Technology
$16.93 /

+0.16 (+0.95%)

CERC Cerecor
$2.91 /

+0.185 (+6.79%)

CERC Cerecor
$2.91 /

+0.185 (+6.79%)

06/04/21 Cantor Fitzgerald
Cerecor initiated with an Overweight at Cantor Fitzgerald
04/21/21 Maxim
Cerecor upgraded to Buy from Hold at Maxim
04/21/21 Maxim
Cerecor upgraded to Buy from Hold at Maxim
04/20/21 Jefferies
Cerecor initiated with a Buy at Jefferies
HRZN Horizon Technology
$16.93 /

+0.16 (+0.95%)

04/29/21 B. Riley
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley
01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
HRZN Horizon Technology
$16.93 /

+0.16 (+0.95%)

CERC Cerecor
$2.91 /

+0.185 (+6.79%)

  • 08
    Jan
  • 09
    Jun
CERC Cerecor
$2.91 /

+0.185 (+6.79%)

Recommendations
Horizon Technology price target raised to $14.50 from $11.50 at B. Riley » 08:54
04/29/21
04/29
08:54
04/29/21
08:54
HRZN

Horizon Technology

$16.98 /

+0.79 (+4.88%)

B. Riley analyst Sarkis…

B. Riley analyst Sarkis Sherbetchyan raised the firm's price target on Horizon Technology to $14.50 from $11.50 and keeps a Neutral rating on the shares following the company's better than expected Q1 results. The analyst would get more constructive on the shares on a pullback.

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HRZN Horizon Technology
$16.98 /

+0.79 (+4.88%)

HRZN Horizon Technology
$16.98 /

+0.79 (+4.88%)

01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
09/23/20 National Securities
Horizon Technology initiated with a Neutral at National Securities
HRZN Horizon Technology
$16.98 /

+0.79 (+4.88%)

Earnings
Horizon Technology reports Q1 NII 31c, consensus 28c » 16:20
04/27/21
04/27
16:20
04/27/21
16:20
HRZN

Horizon Technology

$16.19 /

+0.27 (+1.70%)

Reports net asset value…

Reports net asset value of $217.7M, or $11.07 per share, as of March 31.

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HRZN Horizon Technology
$16.19 /

+0.27 (+1.70%)

HRZN Horizon Technology
$16.19 /

+0.27 (+1.70%)

01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
09/23/20 National Securities
Horizon Technology initiated with a Neutral at National Securities
HRZN Horizon Technology
$16.19 /

+0.27 (+1.70%)

Hot Stocks
Horizon Technology president Michaud purchases over $150K in company shares » 13:17
03/08/21
03/08
13:17
03/08/21
13:17
HRZN

Horizon Technology

$13.25 /

+0.15 (+1.15%)

Horizon Technology…

Horizon Technology president Gerald Michaud disclosed in a filing that he had purchased 11,300 shares of company stock at $13.30 per share on March 5, for a total transaction amount of $150,290.

ShowHide Related Items >><<
HRZN Horizon Technology
$13.25 /

+0.15 (+1.15%)

01/14/21 Compass Point
Horizon Technology downgraded to Sell from Neutral at Compass Point
11/19/20 JMP Securities
TriplePoint Venture resumed with an Outperform at JMP Securities
09/23/20
Fly Intel: Top five analyst initiations
09/23/20 National Securities
Horizon Technology initiated with a Neutral at National Securities
HRZN Horizon Technology
$13.25 /

+0.15 (+1.15%)

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