SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Anholt Investments Ltd.

(Last) (First) (Middle)
69 PITTS BAY ROAD
BELVEDERE BUILDING, 4TH FLOOR

(Street)
HAMILTON D0 HM08

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Horizon Technology Finance Corp [ HRZN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/24/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 03/24/2015 S 380,000 D $13.95 891,414 I See Footnote(1)(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Anholt Investments Ltd.

(Last) (First) (Middle)
69 PITTS BAY ROAD
BELVEDERE BUILDING, 4TH FLOOR

(Street)
HAMILTON D0 HM08

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Compass Horizon Partners, LP

(Last) (First) (Middle)
69 PITTS BAY ROAD
BELVEDERE BUILDING, 4TH FLOOR

(Street)
HAMILTON D0 HM08

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Navco Management, Ltd.

(Last) (First) (Middle)
69 PITTS BAY ROAD
BELVEDERE BUILDING, 4TH FLOOR

(Street)
HAMILTON D0 HM08

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Path Spirit LTD

(Last) (First) (Middle)
10 NORWICH STREET

(Street)
LONDON X0 EC4A 1BD

(City) (State) (Zip)
Explanation of Responses:
1. 380,000 shares of the Issuer's common stock were sold by Compass Horizon Partners, L.P. pursuant to an underwritten public offering on March 19, 2015. The shares of the Issuer's common stock reported on this Form 4 are owned directly by Compass Horizon Partners, L.P., which is owned by Concorde Horizon Holdings LP and Navco Management, Ltd. Concorde Horizon Holdings LP is owned by Anholt Investments Ltd. (formerly known as Compass Group Investments, Ltd.) and Navco Management, Ltd. Each of Anholt Investments Ltd. and Navco Management, Ltd. is wholly owned by Kattegat Limited, a Bermudian exempt company with its principal offices at Belvedere Building, 69 Pitts Bay Road, Pembroke HM 08, Bermuda. Kattegat Limited was formed for the purpose of holding and managing the endowed assets of The Kattegat Trust and is wholly owned by The Kattegat Trust.
2. The Kattegat Trust is a Bermudian charitable trust, engaged in the principal business of distributing income for charitable purposes, with its principal offices at 2 Reid Street, Hamilton HM 11, Bermuda. The trustee of The Kattegat Trust is Kattegat Private Trustees (Bermuda) Limited (the "Trustee"), a Bermudian trust company with its principal offices at 2 Reid Street, Hamilton HM 11, Bermuda. Path Spirit Limited is the trust protector for The Kattegat Trust. The Trustee is wholly owned by The Lund Purpose Trust, a Bermudian purpose trust with its principal offices at Thistle House, 4 Burnaby Street, Hamilton HM 11, Bermuda, formed for the sole purpose of holding the shares of the Trustee. Each of Anholt Investments Ltd., Navco Management, Ltd., Path Spirit Limited and Concorde Horizon Holdings LP disclaims beneficial ownership of the shares of the Issuer's common stock directly held by Compass Horizon Partners, L.P. except to the extent of its respective pecuniary interest therein.
Anholt Investments Ltd. By: /s/ Cora Lee Starzomski, Director 03/24/2015
Compass Horizon Partners, L.P. By: Navco Management Ltd., its general partner, By:/s/ Cora Lee Starzomski, Director 03/24/2015
Navco Management Ltd. By: /s/ Cora Lee Starzomski, Director 03/24/2015
Path Spirit LTD. By: /s/ Arthur F. Coady, Director 03/24/2015
** Signature of Reporting Person Date
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