Monroe Capital sets $0.60/share final distribution totaling $13M after asset sale and merger
Monroe Capital Corporation will pay a final distribution of $0.60 per share, totaling $13.0 million, contingent on closing its asset sale and merger with Horizon Technology Finance by April 14, 2026. Shareholders of record April 10 must hold through the merger to receive cash payment on April 17, 2026.
1. Final Distribution Details
Monroe Capital Corporation has declared a conditional final distribution of $0.60 per share, representing a total payout of $13.0 million. This amount will be sourced from net proceeds expected from the proposed asset sale to Monroe Capital Income Plus.
2. Asset Sale and Merger Timeline
The distribution depends on completing both the asset sale and the merger into Horizon Technology Finance, each expected to close on April 14, 2026. The conditional payment date for the distribution is scheduled on or around April 17, 2026.
3. Shareholder Entitlements and DRIP
Only shareholders of record as of the close of business on April 10, 2026 will receive the distribution; those who sell shares before the merger closing will forfeit entitlement. Participants in the dividend reinvestment plan will receive the final distribution in cash rather than reinvested shares.