Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: Our common stock is traded on Nasdaq, under the symbol “HRZN.” The last reported price for our common stock on March 1, 2021 was $14.85 per share, which represented a 35% premium to NAV per share.
−Removed: As of March 1, 2021 we had 18 stockholders of record, which did not include stockholders for whom shares are held in nominee or “street” name.
+Added: Our common stock is traded on Nasdaq, under the symbol “HRZN”.
+Added: The last reported price for our common stock on February 28, 2022 was $15.56 per share, which represented a 35% premium to NAV per share.
+Added: As of February 28, 2022 we had 19 stockholders of record, which did not include stockholders for whom shares are held in nominee or “street” name.
Shares of BDCs may trade at a market price that is less than the NAV that is attributable to those shares.
23 unchanged sentences
We must also meet certain asset diversification requirements at the end of each quarter of each tax year.
−Removed: Failure to meet these diversification requirements on the last day of a quarter may result in us having to dispose of certain investments quickly in order to prevent the loss of RIC status.
+Added: Failure to meet these diversification requirements on the last day of a quarter may result in us having to dispose
+Added: of certain investments quickly in order to prevent the loss of RIC status.
Any such dispositions could be made at disadvantageous prices or times, and may cause us to incur substantial losses.
22 unchanged sentences
Stock performance graph
−Removed: The following graph compares the return on our common stock with that of the Standard & Poor’s 500 Stock Index and the Wells Fargo BDC Index, for the period from December 31, 2015 through December 31, 2020.
−Removed: The graph assumes that, on December 31, 2015, a person invested $100 in each of our common stock, the S&P 500 Index and the Wells Fargo BDC Index.
+Added: MVIS US Business Development Companies
+Added: The following graph compares the return on our common stock with that of the Standard & Poor’s 500 Stock Index and the MVIS U.S.
+Added: Business Development Companies Index, for the period from December 30, 2016 through December 31, 2021.
+Added: The graph assumes that, on December 30, 2016, a person invested $100 in each of our common stock, the S&P 500 Index and the MVIS U.S.
+Added: Business Development Companies Index.
The graph measures total stockholder return, which takes into account both changes in stock price and distributions.
2 unchanged sentences
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
−Removed: Selected Financial Data
−Removed: The following selected consolidated financial data of the Company as of December 31, 2020, 2019, 2018, 2017 and 2016, and for the years ended December 31, 2020, 2019, 2018, 2017 and 2016 are derived from the consolidated financial statements that have been audited by RSM US LLP, an independent registered public accounting firm.
−Removed: These selected financial data should be read in conjunction with our financial statements and related notes thereto and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
−Removed: As of and for the years ended December 31,
−Removed: (Dollars in thousands, except per share data and portfolio company counts)
−Removed: Statement of Operations Data:
−Removed: Total investment income
−Removed: Base management fee
−Removed: Performance based incentive fee
−Removed: All other expenses
−Removed: Base management and performance based incentive fees waived
−Removed: Net investment income before excise tax
−Removed: Provision (credit) for excise tax
−Removed: Net investment income
−Removed: Net realized (loss) gain on investments
−Removed: Net unrealized appreciation (depreciation) on investments
−Removed: Net increase (decrease) in net assets resulting from operations
−Removed: Dollar amount of distributions declared
−Removed: Per Share Data:
−Removed: Net asset value
−Removed: Net investment income
−Removed: Net realized (loss) gain on investments
−Removed: Net change in unrealized appreciation (depreciation) on investments
−Removed: Net increase (decrease) in net assets resulting from operations
−Removed: Per share distributions declared
−Removed: Statement of Assets and Liabilities Data:
−Removed: Investments, at fair value
−Removed: Total liabilities
−Removed: Total net assets
−Removed: Weighted yield on debt investments at fair value
−Removed: Weighted yield on all investments at fair value
−Removed: Number of portfolio companies at period end:
−Removed: Debt investments
−Removed: Warrants investments
−Removed: Equity investments
−Removed: Other investments
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.