Articles from Hercules Capital, Inc.
Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2024 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its fourth quarter and full-year 2024 financial results conference call for Thursday, February 13, 2025, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · January 30, 2025
Hercules Capital Renews and Increases Its Multi-Currency SMBC Credit Facility to $300.0 Million
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has renewed and upsized its existing $225.0 million credit facility with Sumitomo Mitsui Banking Corporation (“SMBC”) with an upsized credit facility under which Synovus Bank, Customers Bank and Apple Bank, together with SMBC, have committed a total of $300.0 million in credit capacity subject to borrowing base, leverage and other restrictions. The renewed credit facility also includes an uncommitted accordion feature expandable up to $500.0 million. The renewed credit facility matures in November 2029, including a 12-month amortization period.
By Hercules Capital, Inc. · Via Business Wire · December 2, 2024
Hercules Capital Reports Third Quarter 2024 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the third quarter ended September 30, 2024. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · October 30, 2024
Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Third Quarter 2024
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a third quarter 2024 total cash distribution of $0.48 per share. The following shows the key dates of the third quarter 2024 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · October 28, 2024
Hercules Capital Announces Date for Release of Third Quarter 2024 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30, 2024, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · October 17, 2024
Hercules Capital Receives Reaffirmed Baa3 Investment Grade Rating with Revised Outlook to Positive from Moody’s Investors Service
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Moody’s Investors Service, Inc. (“Moody’s”) has reaffirmed Hercules an investment grade credit and corporate rating of Baa3 with a revised outlook to positive, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · October 9, 2024
Hercules Capital Announces Upcoming Event for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following event for the financial community:
By Hercules Capital, Inc. · Via Business Wire · September 25, 2024
Hercules Capital Receives a BBB+ Reaffirmed Investment Grade Corporate Rating from Kroll Bond Rating Agency, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. (“KBRA”) has reaffirmed Hercules’ investment grade corporate and credit rating of BBB+. KBRA issued a statement announcing the reaffirmation of the rating and stable outlook, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · August 19, 2024
Hercules Capital Reports Second Quarter 2024 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the second quarter ended June 30, 2024. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · August 1, 2024
Hercules Capital Declares a Total Cash Distribution of $0.48 Per Share for the Second Quarter 2024
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a second quarter 2024 total cash distribution of $0.48 per share. The following shows the key dates of the second quarter 2024 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · July 30, 2024
Hercules Capital Announces Date for Release of Second Quarter 2024 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its second quarter 2024 financial results conference call for Thursday, August 1, 2024, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · July 18, 2024
Hercules Capital Receives SBA Approval for Its Fourth SBIC License
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that the U.S. Small Business Administration (“SBA”) has approved its fourth Small Business Investment Company (“SBIC”) subsidiary, following the Company’s prior receipt of its “green light” letter to submit an application to obtain a fourth license to the SBA committee.
By Hercules Capital, Inc. · Via Business Wire · July 17, 2024
Hercules Capital Announces Date of 2024 Annual Meeting of Stockholders
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), will conduct its 2024 Annual Meeting of Stockholders by virtual meeting on Thursday, June 20, 2024 at 9:00 a.m. (Pacific Time). The proxy statement for the meeting was filed on April 23, 2024 and mailed to stockholders of record as of April 19, 2024.
By Hercules Capital, Inc. · Via Business Wire · May 13, 2024
Hercules Capital Announces Upcoming Event for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following event for the financial community:
By Hercules Capital, Inc. · Via Business Wire · May 7, 2024
Hercules Capital Reports First Quarter 2024 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the first quarter ended March 31, 2024. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · May 2, 2024
Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the First Quarter 2024
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a first quarter 2024 total cash distribution of $0.48 per share. The following shows the key dates of the first quarter 2024 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · April 30, 2024
Hercules Capital Celebrates 20th Anniversary with $20.0 Billion in Cumulative Originations
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in total debt commitments.
By Hercules Capital, Inc. · Via Business Wire · April 24, 2024
Hercules Capital Announces Date for Release of First Quarter 2024 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its first quarter 2024 financial results conference call for Thursday, May 2, 2024, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · April 18, 2024
Hercules Capital Receives BBB- Affirmed Investment Grade Credit and Corporate Rating from Fitch Ratings, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Fitch Ratings, Inc. (“Fitch”) has affirmed Hercules’ investment grade credit and corporate rating of BBB- with a stable outlook, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · March 27, 2024
Hercules Capital Receives Confirmed BBB Investment Grade Rating with Revised Outlook to Positive from Morningstar DBRS
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Morningstar DBRS (“DBRS”) has confirmed Hercules’ investment grade credit and corporate rating of BBB with a trend revision from Stable to Positive, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · March 21, 2024
Hercules Capital Announces Upcoming Event for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following event for the financial community:
By Hercules Capital, Inc. · Via Business Wire · February 20, 2024
Hercules Capital Reports Fourth Quarter and Full-Year 2023 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the fourth quarter and full-year ended December 31, 2023. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · February 15, 2024
Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Fourth Quarter 2023
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a fourth quarter 2023 total cash distribution of $0.48 per share. The following shows the key dates of the fourth quarter 2023 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · February 13, 2024
Hercules Capital Announces New Supplemental Cash Distribution of $0.32 per Share
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a new supplemental cash distribution of $0.32 per share, to be distributed equally over four quarters beginning with an $0.08 per share distribution for the fourth quarter of 2023.
By Hercules Capital, Inc. · Via Business Wire · February 13, 2024
Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2023 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its fourth quarter and full-year 2023 financial results conference call for Thursday, February 15, 2024, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · January 25, 2024
Hercules Capital Receives SBA “Green Light” Letter to Submit Its Fourth SBIC License Application
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that the U.S. Small Business Administration (“SBA”) has issued a “green light” letter inviting Hercules to submit an application to obtain a license to form and operate a fourth Small Business Investment Company (“SBIC”) subsidiary, following the Company’s recent presentation to the SBA committee.
By Hercules Capital, Inc. · Via Business Wire · November 9, 2023
Hercules Capital Announces Upcoming Events for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following events for the financial community:
By Hercules Capital, Inc. · Via Business Wire · November 8, 2023
Hercules Capital Reports Third Quarter 2023 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the third quarter ended September 30, 2023. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · November 2, 2023
Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Third Quarter 2023
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a third quarter 2023 total cash distribution of $0.48 per share. The following shows the key dates of the third quarter 2023 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · October 31, 2023
Hercules Capital Announces Date for Release of Third Quarter 2023 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2023 financial results conference call for Thursday, November 2, 2023, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · October 12, 2023
Hercules Capital Receives Reaffirmed Baa3 Investment Grade Credit and Corporate Rating from Moody’s Investors Service
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Moody’s Investors Service, Inc. (“Moody’s”) has reaffirmed Hercules an investment grade credit and corporate rating of Baa3 with a stable outlook, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · October 4, 2023
Hercules Capital Announces the Appointment of Mr. Nikos Theodosopoulos to Its Board of Directors
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Nikos Theodosopoulos was appointed to serve as an independent member of its board of directors, effective September 21, 2023. Mr. Theodosopoulos is an experienced corporate executive and board director with more than 38 years in senior management roles in both the financial services and technology industries.
By Hercules Capital, Inc. · Via Business Wire · September 25, 2023
Hercules Receives a BBB+ Reaffirmed Investment Grade Corporate Rating from Kroll Bond Rating Agency, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. (“KBRA”) has reaffirmed Hercules’ investment grade corporate and credit rating of BBB+. KBRA issued a statement announcing the reaffirmation of the rating and stable outlook, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · August 31, 2023
Hercules Capital, Inc. Prices Upsized Public Offering of Common Stock
Hercules Capital, Inc. (NYSEHTGC) (“Hercules”) today announced that it has priced its upsized public offering of 6,500,000 shares of its common stock. Hercules has also granted the underwriters an option to purchase up to an additional 975,000 shares of its common stock. The offering is subject to customary closing conditions and is expected to close on August 10, 2023.
By Hercules Capital, Inc. · Via Business Wire · August 7, 2023
Hercules Capital, Inc. Announces Public Offering of Common Stock
Hercules Capital, Inc. (NYSEHTGC) (“Hercules”) today announced that it plans to make a public offering of 6,000,000 shares of its common stock. Hercules also expects to grant the underwriters for the offering an option to purchase up to an additional 900,000 shares of its common stock.
By Hercules Capital, Inc. · Via Business Wire · August 7, 2023
Hercules Capital Reports Second Quarter 2023 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the second quarter ended June 30, 2023. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · August 3, 2023
Hercules Capital Increases Its Total Cash Distribution to $0.48 per Share for the Second Quarter 2023
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has increased and declared a second quarter 2023 total cash distribution of $0.48 per share. The following shows the key dates of the second quarter 2023 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · August 1, 2023
Hercules Capital Announces Date for Release of Second Quarter 2023 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its second quarter 2023 financial results conference call for Thursday, August 3, 2023, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · July 10, 2023
Hercules Capital Announces Date of 2023 Annual Meeting of Stockholders
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), will conduct its 2023 Annual Meeting of Stockholders by virtual meeting on Thursday, June 22, 2023 at 9:00 a.m. (Pacific Time). The proxy statement for the meeting was mailed separately on or about May 10, 2023 to shareholders of record as of April 21, 2023.
By Hercules Capital, Inc. · Via Business Wire · May 11, 2023
Hercules Capital Reports First Quarter 2023 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the first quarter ended March 31, 2023. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · May 4, 2023
Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the First Quarter 2023
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a first quarter 2023 total cash distribution of $0.47 per share. The following shows the key dates of the first quarter 2023 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · May 2, 2023
Hercules Capital Announces Date for Release of First Quarter 2023 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its first quarter 2023 financial results conference call for Thursday, May 4, 2023, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · April 20, 2023
Hercules Capital Receives BBB- Reaffirmed Investment Grade Credit and Corporate Rating from Fitch Ratings, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Fitch Ratings, Inc. (“Fitch”) has reaffirmed Hercules’ investment grade credit and corporate rating of BBB- with a stable outlook, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · April 4, 2023
Hercules Adviser LLC Establishes A New Institutional Private Credit Lending Program
Hercules Capital, Inc. (NYSEHTGC) (“Hercules Capital” or the “Company”) today announced that Hercules Adviser LLC (“Hercules Adviser”), a wholly-owned subsidiary of Hercules Capital, announced it has established a new institutional private credit lending program. The new private credit lending program was established to support the venture and growth stage companies that are being impacted by the recent market events across the venture and growth stage lending ecosystem.
By Hercules Capital, Inc. · Via Business Wire · March 27, 2023
Hercules Capital Increases Its Committed Letter of Credit Facility with SMBC
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”) the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced it has increased its committed letter of credit facility with Sumitomo Mitsui Banking Corporation (“SMBC”) by $75.0 million for a total of $175.0 million in credit capacity subject to borrowing base, leverage and other restrictions. The increased credit facility also includes an uncommitted accordion feature of up to $400.0 million in total facility size.
By Hercules Capital, Inc. · Via Business Wire · March 22, 2023
Hercules Capital Business Update and Response to the Closure of Silicon Valley Bank
The team at Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”) is working collectively with our employees, stockholders, stakeholders, bondholders, rating agencies, portfolio companies, and our portfolio companies’ venture capital and private equity sponsors to navigate the challenges created by the FDIC’s decision to place Silicon Valley Bank (“SVB”) under receivership. We are vigilantly monitoring this evolving situation and are fully committed to supporting venture and institutionally backed growth-stage companies as they navigate this unprecedented environment.
By Hercules Capital, Inc. · Via Business Wire · March 13, 2023
Hercules Capital Announces Upcoming Event for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following event for the financial community:
By Hercules Capital, Inc. · Via Business Wire · February 24, 2023
Hercules Capital Reports Fourth Quarter and Full-Year 2022 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the fourth quarter and full-year ended December 31, 2022. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · February 16, 2023
Hercules Capital Announces New Supplemental Cash Distribution of $0.32 per Share
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a new supplemental cash distribution of $0.32 per share, to be distributed equally over four quarters beginning with an $0.08 per share distribution for the fourth quarter of 2022.
By Hercules Capital, Inc. · Via Business Wire · February 14, 2023
Hercules Capital Increases Its Quarterly Cash Distribution to $0.39 per Share for the Fourth Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has increased and declared a fourth quarter of 2022 cash distribution of $0.39 per share. The following shows the key dates of the fourth quarter of 2022 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · February 14, 2023
Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2022 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its fourth quarter and full-year 2022 financial results conference call for Thursday, February 16, 2023, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · February 2, 2023
Hercules Capital Announces Upcoming Event for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following event for the financial community:
By Hercules Capital, Inc. · Via Business Wire · December 7, 2022
Hercules Capital Announces Upcoming Events for the Financial Community
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following events for the financial community:
By Hercules Capital, Inc. · Via Business Wire · November 16, 2022
Hercules Capital Reports Third Quarter 2022 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the third quarter ended September 30, 2022. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · November 2, 2022
Hercules Capital Announces Date for Release of Third Quarter 2022 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2022 financial results conference call for Wednesday, November 2, 2022, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · October 19, 2022
Hercules Capital Announces Supplemental Cash Distribution of $0.15 per Share for the Third Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a supplemental cash distribution of $0.15 per share.
By Hercules Capital, Inc. · Via Business Wire · October 18, 2022
Hercules Capital Increases Its Quarterly Cash Distribution to $0.36 per Share for the Third Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has increased and declared a third quarter 2022 cash distribution of $0.36 per share. The following shows the key dates of the third quarter 2022 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · October 18, 2022
Hercules Receives a BBB+ Reaffirmed Investment Grade Corporate Rating from Kroll Bond Rating Agency, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. (“KBRA”) has reaffirmed Hercules’ investment grade corporate and credit rating of BBB+. KBRA issued a statement announcing the reaffirmation of the rating and stable outlook, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · September 13, 2022
Hercules Capital Reports Second Quarter 2022 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the second quarter ended June 30, 2022. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · July 28, 2022
Hercules Capital Announces Supplemental Cash Distribution of $0.15 per Share for the Second Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a supplemental cash distribution of $0.15 per share.
By Hercules Capital, Inc. · Via Business Wire · July 26, 2022
Hercules Capital Increases Its Quarterly Cash Distribution to $0.35 per Share for the Second Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has increased and declared a second quarter 2022 cash distribution of $0.35 per share. The following shows the key dates of the second quarter 2022 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · July 26, 2022
Hercules Capital Announces Date for Release of Second Quarter 2022 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its second quarter 2022 financial results conference call for Thursday, July 28, 2022, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · July 14, 2022
Hercules Capital Announces the Appointment of Ms. DeAnne Aguirre to Its Board of Directors
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that DeAnne Aguirre was appointed to serve as an independent member of its board of directors, effective June 23, 2022. Ms. Aguirre is an experienced corporate executive and Board Director with more than 30 years in senior leadership managing large and complex domestic and international business units.
By Hercules Capital, Inc. · Via Business Wire · June 24, 2022
Hercules Capital Completes Two Institutional Debt Financings, Raising a Total of $200.0 Million to Support Continued Growth
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”) today announced that it has closed two new debt financings raising a total of $200.0 million. Hercules Capital Funding Trust 2022-1, a newly formed wholly owned, indirect subsidiary of Hercules, has issued $150.0 million of class A notes (the “Class A Notes”) and Hercules has closed a private institutional offering in aggregate principal amount of $50.0 million notes due June 2025 (the “June Notes”).
By Hercules Capital, Inc. · Via Business Wire · June 23, 2022
Hercules Capital Expands Its Credit Facilities to $720 Million to Support Strong Investment Portfolio Growth
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has increased its existing credit facilities with MUFG Bank, Ltd. (“MUFG”) and Sumitomo Mitsui Banking Corporation (“SMBC”) from a combined $500.0 million to $720.0 million subject to borrowing base, leverage and other restrictions, respectively. The maturity dates for each credit facility remain the same.
By Hercules Capital, Inc. · Via Business Wire · June 15, 2022
Hercules Capital Receives BBB- Investment Grade Credit and Corporate Rating from Fitch Ratings, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Fitch Ratings, Inc. (“Fitch”) has assigned Hercules an investment grade credit and corporate rating of BBB- with a stable outlook.
By Hercules Capital, Inc. · Via Business Wire · May 10, 2022
Hercules Capital Announces Date of 2022 Annual Meeting of Stockholders
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), will conduct its 2022 Annual Meeting of Stockholders by virtual meeting on Thursday, June 23, 2022 at 9:00 a.m. (Pacific Time). The proxy statement for the meeting was mailed separately on or about May 4, 2022 to shareholders of record as of April 25, 2022.
By Hercules Capital, Inc. · Via Business Wire · May 9, 2022
Hercules Capital Reports First Quarter 2022 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the first quarter ended March 31, 2022. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · May 5, 2022
Hercules Capital Announces Supplemental Cash Distribution of $0.15 per Share for the First Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a supplemental cash distribution of $0.15 per share.
By Hercules Capital, Inc. · Via Business Wire · May 3, 2022
Hercules Capital Declares Cash Distribution of $0.33 per Share for the First Quarter of 2022
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a first quarter 2022 cash distribution of $0.33 per share. The following shows the key dates of the first quarter 2022 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · May 3, 2022
Hercules Receives a BBB Reaffirmed Investment Grade Corporate Rating From DBRS, Inc.
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that DBRS, Inc. (“DBRS Morningstar”) has reaffirmed Hercules’ investment grade corporate rating of BBB. DBRS Morningstar issued a statement announcing the reaffirmation of the rating and revision of the trend on the rating to a positive outlook from stable, as well as its underlying analysis.
By Hercules Capital, Inc. · Via Business Wire · April 18, 2022
Hercules Capital Announces Date for Release of First Quarter 2022 Financial Results and Conference Call
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its first quarter 2022 financial results conference call for Thursday, May 5, 2022, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.
By Hercules Capital, Inc. · Via Business Wire · April 14, 2022
Hercules Capital Reports Fourth Quarter and Full-Year 2021 Financial Results
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the fourth quarter and full-year ended December 31, 2021. The earnings release can be accessed at Hercules’ Investor Relations website at https://investor.htgc.com/financial-information/financial-results.
By Hercules Capital, Inc. · Via Business Wire · February 22, 2022
Hercules Capital Announces New Supplemental Cash Distribution of $0.60 per Share
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a new supplemental cash distribution of $0.60 per share, to be distributed equally over four quarters beginning with a $0.15 per share distribution for the fourth quarter of 2021.
By Hercules Capital, Inc. · Via Business Wire · February 22, 2022
Hercules Capital Declares Cash Distribution of $0.33 per Share for the Fourth Quarter of 2021
Hercules Capital, Inc. (NYSEHTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a fourth quarter 2021 cash distribution of $0.33 per share. The following shows the key dates of the fourth quarter 2021 distribution payment:
By Hercules Capital, Inc. · Via Business Wire · February 22, 2022