Hercules Capital Inc (HTGC)

Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGCMay 14, 2026 3:17 AM
PR Newswire (US) LOS ANGELES, May 14, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Hercules Capital, Inc. ("Hercules" or "the Company") (NYSE: HTGC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of HTGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.CLASS PERIOD: May 1, 2025 to February 27, 2026DEADLINE: May 19, 2026CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Hercules overstated its due diligence in loan origination and portfolio valuation. Based on these facts, Hercules' public statements were false and materially misleading throughout the class period.If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.Join the case to recover your losses.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com View original content:https://www.prnewswire.com/news-releases/hercules-capital-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--htgc-302771780.htmlSOURCE DJS Law Group LLP Original: Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGC

Hercules Capital Enters Next Phase of Growth with Expanded Leadership TeamMay 4, 2026 6:00 AM
Business Wire
Seth Meyer Elevated to President


Andrew Olson Appointed Chief Financial Officer and Head of Corporate Development


Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” 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 a strategic evolution of its executive leadership team to accelerate its next phase of growth and operational scaling. Effective May 18, 2026, Seth Meyer, who has served as Chief Financial Officer since 2019, will be promoted to President. Succeeding him as Chief Financial Officer effective May 18, 2026, is Andrew Olson, a seasoned finance executive returning to Hercules with extensive experience across alternative asset management, banking, private credit and private equity markets.


As President, Mr. Meyer will continue to report to the Company’s Chief Executive Officer and will help oversee the scaling, growth, diversification and further expansion of the Hercules platform. This transition allows Hercules to leverage Mr. Meyer’s deep institutional knowledge and proven financial stewardship to drive broader platform growth and organizational efficiency.


“Over the past seven years, Seth has been instrumental in helping to build upon our financial strength,” said Scott Bluestein, CEO and Chief Investment Officer of Hercules Capital. “Elevating Seth to President is a natural step as we sharpen our focus on growing and expanding our industry-leading platform. Simultaneously, I am thrilled to welcome back Andrew Olson, whose track record in alternative assets and private credit is world-class and ensures that we continue to have the specialized financial leadership required to navigate the complexities of our future growth. Andrew will be a key member of our executive leadership team, and I look forward to working with him once again as we continue to build on our success and take Hercules to the next level.”


“I am grateful to the Board and Scott for their continued confidence as I step into the role of President,” said Seth Meyer. “I look forward to working closely with Scott, Andrew, and our talented team to build on our position as the leading specialty financing partner to the innovation economy. As we enter this next phase of growth, my focus will be on scaling our platform and enhancing our operational capabilities to ensure we continue to deliver long-term value for our stockholders and partners alike.”


Mr. Olson brings over 19 years of experience in leadership roles within both private and public investment companies and has a deep background in venture capital and fund management. Most recently, Mr. Olson served as Partner, Chief Financial Officer, and Chief Operating Officer at Revelation Partners, a healthcare-focused secondary investment firm where he oversaw financial operations and business leadership. Prior to Revelation Partners, Mr. Olson served as CFO at SVB Capital, where he managed finance and operations for the firm’s direct investment, private credit, and fund of funds strategies. Mr. Olson has also held roles as CFO at TriplePoint Capital and TriplePoint Venture Growth, a NYSE-listed company, and served as Vice President of Finance and Senior Controller, as well as Interim Chief Financial Officer, at Hercules Capital from 2014 to 2017. Mr. Olson began his career at PricewaterhouseCoopers (PWC) working as a Senior Manager in both San Francisco and Hong Kong. Mr. Olson earned a Bachelor of Arts degree in Business Economics from the University of California, Santa Barbara. He is also a Certified Public Accountant in the state of California.


“I am thrilled to rejoin Hercules Capital at such a pivotal moment in its trajectory,” stated Andrew Olson. “Having seen the Company’s early foundations firsthand, I am incredibly impressed by how the platform has scaled and strengthened its market-leading position during my time away. I look forward to partnering with Scott, Seth and the rest of the executive leadership team to leverage my experience in private credit and venture markets to further enhance our financial and operational excellence and support the Company’s next chapter of disciplined growth.”


About Hercules Capital, Inc.


Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $27 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@htgc.com, or call 650.289.3060.


Hercules, through its wholly owned subsidiary business, Adviser Subsidiary, also maintains an asset management business through which it manages investments for external parties (“Adviser Funds”). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940.


Hercules’ common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol “HTGC.” In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).


Forward-Looking Statements


This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260504674282/en/
Michael Hara

Investor Relations and Corporate Communications

Hercules Capital, Inc.

650-433-5578

mhara@htgc.com


Original: Hercules Capital Enters Next Phase of Growth with Expanded Leadership Team

Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGCMay 4, 2026 3:05 AM
PR Newswire (US)

LOS ANGELES, May 4, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Hercules Capital, Inc. ("Hercules" or "the Company") (NYSE: HTGC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of HTGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.CLASS PERIOD: May 1, 2025 to February 27, 2026DEADLINE: May 19, 2026CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Hercules overstated its due diligence in loan origination and portfolio valuation. Based on these facts, Hercules' public statements were false and materially misleading throughout the class period.If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.Join the case to recover your losses.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1 Eastchester, NY 10709Phone: 914-206-9742Email: David@djslawllp.com



View original content:https://www.prnewswire.com/news-releases/hercules-capital-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--htgc-302760931.htmlSOURCE DJS Law Group LLP

Original: Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGC

Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGCApril 20, 2026 1:48 AM
PR Newswire (US)

LOS ANGELES, April 20, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Hercules Capital, Inc. ("Hercules" or "the Company") (NYSE: HTGC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of HTGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.CLASS PERIOD: May 1, 2025 to February 27, 2026DEADLINE: May 19, 2026CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Hercules overstated its due diligence in loan origination and portfolio valuation. Based on these facts, Hercules' public statements were false and materially misleading throughout the class period.If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.Join the case to recover your losses.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com



View original content:https://www.prnewswire.com/news-releases/hercules-capital-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--htgc-302746783.htmlSOURCE DJS Law Group LLP

Original: Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGC

Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGCApril 6, 2026 9:08 AM
PR Newswire (US)

LOS ANGELES, April 6, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Hercules Capital, Inc. ("Hercules" or "the Company") (NYSE: HTGC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of HTGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.CLASS PERIOD: May 1, 2025 to February 27, 2026DEADLINE: May 19, 2026CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Hercules overstated its due diligence in loan origination and portfolio valuation. Based on these facts, Hercules' public statements were false and materially misleading throughout the class period.If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.Join the case to recover your losses.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com



View original content:https://www.prnewswire.com/news-releases/hercules-capital-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--htgc-302734484.htmlSOURCE DJS Law Group LLP

Original: Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGC

Hercules Capital Sets New Record with All-Time High New Debt and Equity CommitmentsApril 6, 2026 6:00 AM
Business Wire
Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” 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 set a new all-time record of $1.81 billion in new debt and equity commitments for the first quarter of 2026.


“Coming off a record-breaking performance for gross new debt and equity commitments and fundings in 2025, our momentum accelerated in Q1 — marked by an all-time high in new debt and equity commitments,” said Scott Bluestein, chief executive officer and chief investment officer of Hercules Capital. “This record setting originations performance is a result of our position as the partner of choice for some of the industry’s most innovative growth stage companies and the scale and diversification of our direct lending platform, which allows us to continue to support our portfolio companies as they achieve important milestones. We were able to expand commitments to several portfolio companies during Q1 in addition to closing new commitments with 16 new portfolio companies during the first quarter. Our investment teams delivered this new record while remaining focused on the same disciplined underwriting standards that have guided Hercules since inception and remaining focused on a balance between Life Sciences and Technology originations.”


Bluestein concluded, “As we look ahead, we believe we are well positioned to benefit from the current market conditions which are creating a more favorable originations environment in 2026. Our platform’s scale, balance sheet and liquidity allow us to play offense during market volatility, which should position us to see a robust pipeline of high-quality companies throughout the year.”


New Debt and Equity Commitments for Q1 2026


In the three months ended March 31, 2026, Hercules originated $1.81 billion of new debt and equity commitments to 16 new and 12 existing portfolio companies.


About Hercules Capital, Inc.


Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $27 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@htgc.com, or call 650.289.3060.


Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the “Adviser Subsidiary”), also maintains an asset management business through which it manages investments for external parties (“Adviser Funds”). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940.


Hercules’ common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol “HTGC.” In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).


Forward-Looking Statements


This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260406611569/en/
Michael Hara

Investor Relations and Corporate Communications

Hercules Capital, Inc.

650-433-5578

mhara@htgc.com


Original: Hercules Capital Sets New Record with All-Time High New Debt and Equity Commitments

Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – HTGCMarch 26, 2026 7:30 AM
Business Wire
The DJS Law Group reminds investors of a class action lawsuit against Hercules Capital, Inc. (“Hercules” or “the Company”) (NYSE: HTGC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.


Shareholders who purchased shares of HTGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.


CLASS PERIOD: May 1, 2025 to February 27, 2026


DEADLINE: May 19, 2026


CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Hercules overstated its due diligence in loan origination and portfolio valuation. Based on these facts, Hercules’ public statements were false and materially misleading throughout the class period.


If you are a shareholder who suffered a loss, contact us to participate.


WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.


Join the case to recover your losses.


This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260326424500/en/
David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

Eastchester, NY 10709

Phone: 914-206-9742

Email: David@djslawllp.com


Original: Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – HTGC

Hercules Capital Receives a BBB (high) Affirmed Investment Grade Corporate and Credit Rating from Morningstar DBRSMarch 4, 2026 12:16 PM
Business Wire
Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” 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 affirmed Hercules’ investment grade corporate and credit rating of BBB (high). DBRS issued a statement announcing the affirmation of the rating and Stable trend, as well as its underlying analysis.


According to DBRS, the affirmed BBB (high) credit ratings reflect the Company’s well-developed franchise and strong operating performance including resilient earnings generation, sound asset-level credit performance, funding depth and diversity, and disciplined leverage over the past year. As such, the Company is at the top end of DBRS’ business development companies (BDC) peer group credit rating range. The Stable trend considers the view that despite moderating economic growth, Hercules is well-positioned within the VC lending ecosystem to weather volatility in its investment sectors driven by sentiment around AI disruption. Additionally, while the Company has not invested in pure-play AI portfolio companies, its portfolio companies are actively integrating AI into product offerings. The Company’s software originations have focused on companies with domain expertise and competencies, which should be more resilient to AI disintermediation given features such as a hardware moat or a highly regulated customer base with elevated switching costs that DBRS believes will support asset-level credit performance.


About Hercules Capital, Inc.


Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $25 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@htgc.com, or call 650.289.3060.


Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the “Adviser Subsidiary”), also maintains an asset management business through which it manages investments for external parties (“Adviser Funds”). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940.


Hercules’ common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol “HTGC.” In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).


Forward-Looking Statements


This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260304152178/en/
Michael Hara

Investor Relations and Corporate Communications

Hercules Capital, Inc.

650-433-5578

mhara@htgc.com


Original: Hercules Capital Receives a BBB (high) Affirmed Investment Grade Corporate and Credit Rating from Morningstar DBRS

Hercules Capital Named 2025 Americas BDC Manager of the Year by Private Debt InvestorMarch 2, 2026 10:55 AM
Business Wire
Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” 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, was named 2025 BDC Manager of the Year - Americas by Private Debt Investor magazine.


Each year, the PDI Awards acknowledge the best firms and deals across global, Americas, European and Asia-Pacific markets. After initial nominations, the PDI editorial team votes on a select group of finalists across 50-plus categories. PDI noted that in a year marked by political uncertainty, tightness in capital markets and a slowdown in venture and capital fundraising, venture debt specialist Hercules delivered impressive performance across key metrics from assets under management to investment income.


“Receiving the Private Debt Investor award for 2025 BDC Manager of the Year - Americas is a significant honor and a strong endorsement of our platform following a year defined by record-breaking achievements, such as all-time highs in new debt and equity commitments, gross fundings, net debt portfolio growth, and investment income,” said Scott Bluestein, chief executive officer and chief investment officer of Hercules. “This award is the culmination of our team’s relentless execution and remarkable success of our portfolio companies which propelled Hercules to new heights in 2025. We remain committed to being the capital provider of choice for the world’s most innovative companies and delivering industry-leading service.”


Bluestein concluded, “Our success is attributable to the tremendous dedication, efforts and capabilities of our employees and the trust our venture capital and private equity partners place in us every day. We are thankful to PDI for this recognition.”


Private Debt Investor is a global independent publication based in London covering the private debt and private equity industries.


About Hercules Capital, Inc.


Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $25 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@htgc.com, or call 650.289.3060.


Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the “Adviser Subsidiary”), also maintains an asset management business through which it manages investments for external parties (“Adviser Funds”). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940.


Hercules’ common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol “HTGC.” In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).


Forward-Looking Statements


This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260302874711/en/
Michael Hara

Investor Relations and Corporate Communications

Hercules Capital, Inc.

650-433-5578

mhara@htgc.com


Original: Hercules Capital Named 2025 Americas BDC Manager of the Year by Private Debt Investor

Hercules Capital Closes Institutional Notes Offering of $300.0 Million 5.350% Unsecured Notes due 2029February 10, 2026 1:06 PM
Business Wire
Notes due 2029 Initially Assigned Ratings of Baa2 by Moody’s Investors Service and a BBB- by Fitch Ratings, Inc.


Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has closed an underwritten public offering of $300.0 million in aggregate principal amount of 5.350% notes due February 2029 (the “Notes”).


The Notes are unsecured and bear interest at a rate of 5.350% per year, payable semiannually, will mature on February 10, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par, plus a “make whole” premium, if applicable.


The Company expects to use the net proceeds from this offering (i) to fund investments in accordance with its investment objectives, (ii) to repay outstanding secured indebtedness under its existing financing arrangements, and (iii) for other general corporate purposes.


Goldman Sachs & Co. LLC, SMBC Nikko Securities America, Inc. and MUFG Securities Americas Inc. acted as joint book-running managers of this offering. Citizens JMP Securities, LLC, DZ Financial Markets LLC, RBC Capital Markets, LLC, Synovus Securities, Inc. and Zions Direct, Inc. acted as co-managers.


This offering was made solely by means of a prospectus supplement and an accompanying prospectus. Copies of the prospectus supplement may be obtained from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, or email: Prospectus-ny @FILTHYLUCRE-471-2526, or SMBC Nikko Securities America, Inc., 277 Park Avenue, New York, New York 10172, Attention: Debt Capital Markets – Transaction Management, or email: prospectus @pcjockey-224-5135.


About Hercules Capital, Inc.


Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $25 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact View source version on businesswire.com: https://www.businesswire.com/news/home/20260210873959/en/
Michael Hara

Investor Relations and Corporate Communications

Hercules Capital, Inc.

(650) 433-5578

mhara@htgc.com


Original: Hercules Capital Closes Institutional Notes Offering of $300.0 Million 5.350% Unsecured Notes due 2029

Hercules Capital Prices Institutional Notes Offering of $300.0 Million 5.350% Notes due 2029February 5, 2026 4:05 PM
Business Wire
Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” “Hercules Capital,” or the “Company”), today announced that it has priced an underwritten public offering of $300.0 million in aggregate principal amount of 5.350% notes due February 2029 (the “Notes”). The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on February 10, 2026.


The Notes are unsecured and bear interest at a rate of 5.350% per year, payable semiannually and will mature on February 10, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par, plus a “make whole” premium, if applicable.


The Company expects to use the net proceeds from this offering to (i) fund investments in accordance with its investment objectives, (ii) to repay outstanding secured indebtedness under its existing financing arrangements, and (iii) for other general corporate purposes.


Goldman Sachs & Co. LLC, SMBC Nikko Securities America, Inc. and MUFG Securities Americas Inc. are acting as joint book-running managers of this offering. Citizens JMP Securities, LLC, DZ Financial Markets LLC, RBC Capital Markets, LLC, Synovus Securities, Inc. and Zions Direct, Inc. are acting as co-managers.


The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus. Copies of the preliminary prospectus supplement may be obtained from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, or email: Prospectus-ny @FILTHYLUCRE-471-2526, or SMBC Nikko Securities America, Inc., 277 Park Avenue, New York, New York 10172, Attention: Debt Capital Markets – Transaction Management, or email: prospectus @pcjockey-224-5135.


Investors are advised to carefully consider the investment objectives, risks, charges and expenses of the Company before investing. The pricing term sheet dated February 5, 2026, the preliminary prospectus supplement dated February 5, 2026, and the accompanying prospectus dated December 11, 2024, each of which has been filed with the SEC, contain this and other information about the Company and should be read carefully before investing.


The information in the pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release do not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the Notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.


About Hercules Capital, Inc.


Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $25 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact View source version on businesswire.com: https://www.businesswire.com/news/home/20260205792634/en/
Michael Hara

Investor Relations and Corporate Communications

Hercules Capital, Inc.

(650) 433-5578

mhara@htgc.com


Original: Hercules Capital Prices Institutional Notes Offering of $300.0 Million 5.350% Notes due 2029

Yes, absolutely. This is a hold until 2027-28.

Still a believer?

Quiet in here. Nice consistent dividend, Im in.

Looking for $12's in this Biden economy

yes it has been i loaded up back in march and april pays a nice divy

Looks like a discount in price.

Hercules BDC (HTGC) to Present at FB Riley.

A replay of the webcast will be available for 90 days afterward.

http://internetstockreview.com/hercules-bdc-htgc-13-to-present-at-fb-riley/

Nothing disturbing seems to be coming our way here. Hercules is gaining attention for innovating and daring to make moves inviting startups to beg, borrow and nobody's stealing from what I can see.

I'm long here and pleased.

Hercules continues to chug along. We're knocking at the door of BDC opportunity with lots of excitement building. Times are changing in the business world and as Hercules lightens up on rules of participation, we can expect more daring on the part of this company as well as start-ups vying for a place on the stage.

This stock pick is doing fine for me. I see opportunity ahead for those of us patient enough to await a change in investment community sentiment.

News: $HTGC Investor Expectations to Drive Momentum within Hercules Capital, Alexandria Real Estate Equities, Ironwood Pharmaceuticals, 22nd Century Group, BorgWarner, and Forestar Group - Discovering Underlying Factors of Influence

NEW YORK, Jan. 25, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Hercules Capital, Inc. (NYSE:HTGC), Alexandria Real Estate Equities, I...

In case you are interested https://marketwirenews.com/news-releases/investor-expectations-to-drive-momentum-within-hercules-capital-alexandria-real-estate-equities-ironwood-pharmaceuticals-22nd-century-group-borgwarner-and-forestar-group-discovering-underlying-factors-of-influence-7551064.html

And I as well. I'm positive this is going to rock & roll. Hoping to be able to add when NGL comes through for us.

Also added to NRZ---using margin but the opportunity is just huge.

Still have my shares

This is perfect news for this moment, given the unusual circumstances in which we find ourselves market-wise:



Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the leading specialty finance company to innovative, venture growth, pre-IPO and M&A stage companies backed by leading and top tier venture capital firms, today announced that its Board of Directors has approved a stock repurchase plan (the “Company 10b5-1 Plan”) to acquire up to $25.0 million in the aggregate of Hercules’ common stock at prices that may be above or below net asset value, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.


There's more available at the head of this board.

Enjoy!

Just came across the newswire:

Hercules Technology Growth Capital has received the endorsement of shareholders by approving altering the level of acceptable risk. You can find the news yourselves by viewing the IHUB homepage for this stock pick of ours.

Take-away: By embracing greater risk, we (the company) will be better positioned to make financing available to potential clientele as not before due to allowing greater risk. It's important to understand that a contributing factor here is the extent to which HTGC is more decidedly available to operate in the venture capital environment.

I find this very exciting. I see good reason to expect brighter horizons coming from this fresh revision.

Good fortune to all here!

This is not the time to expect great things happening in the BDC space as there's simply too much instability out there in the real world.


However, I'm holding fast to my position in this pick and enjoying the distributions. I can afford to wait for more exciting times so long as I'm getting well paid.

These are extremely difficult times for potential targets of venture capitalists, to be sure. Focus is on retail and energy and the come-back trail for tech---so much going on with trade war rhetoric, of course.

BDC's will have their day soon enough. Hang on for now and enjoy the distributions.

A large payday is coming up for me in a few weeks and while I'm not yet clear as to how much I'll be applying towards picks selected at this early stage, I've narrowed things down a bit and view the following as smart/likely candidates for additional purchases:

1. HTGC
2. UNIT
3. NRZ
4. PRT

These are all steady payers. Over the course of the last several months I've lightened positions so as to reallocate cash to NGL. However, I can't help noticing that I have consistently regretted having sold parts of those stocks listed above. Not to imply the trades were not profitable for they were in each instance; rather-- I feel completely safe in my list as they pay high yields, are definitely on the move towards greater heights in their respective categories. Additionally, they are making bold moves that I believe will establish their rightful place in terms of representing their franchises. They are definitely stand-outs.

All in all, I'm pleased to have experienced them long enough in my portfolio to find myself pleased with their performance.

Hope this helps some folks out there!

Ooooops! Nearly forgot to mention that I'll be receiving NGL units soon, thanks to participation in a pair of DRIPs involving sheltered accounts. It'll be just a hundred units or so but they're always welcome!

By all means---it's a strong pick and I'm confident it will continue to bring value to our portfolios. I'd be adding too but it would require that I break into Fort Knox.

I've decided the risk isn't worth it. But NGL payday is a-comin' and with it will be a few bucks shy of $20,000. I want more of this pick of ours. BDC's are a great place to be for now.

Added to my position today. I know the board is not real active but maybe we can change that

Welcome aboard! Really good to see you here.

This company is in the news today and has been over the last week-to-two. Hercules is re-writing boundaries the company wishes to employ in reaching out to many companies unable to access more traditional capital markets. today's news points to a 4-cent gain per share to be expected soon, on top of gains already in place.

Business development companies are a great place to be at this point in time, thanks to our government moving increasingly towards lightening up on restraints formerly installed to protect. Some of these have been found to inhibit growth as per banking rules being lifted in part. And so it is with borrowing opportunities and this is where Hercules comes in.

This company is leaning more noticeably towards the venture capital side of the banking industry. I, in particular, appreciate that, having gone through related maneuvers myself thirty-odd years ago. A young banker in that branch's top seat thought me a suitable risk for his banking organization and we did a deal on a handshake! We did several more such transactions and we all made out splendidly.


HTGC and I belong together in a loving embrace! lol


Had to sell a few recently so I could add to NGL but still holding 1212 and hoping to add. My gain at the moment on the remaining is $970. Add $300 for those sold. Opened the position towards the end of June so I'm very pleased. More meaningful to me is that we're beautifully poised to find gains on an accelerative path from here on---going forward. Toss in better than 9% distributions and what's not to like in this pro-banking environment?

Wishing you the best as always...

Well, just started a position, 300 shares. Not an active board but glad to be here.

Things continue to move along nicely. Growth is coming our way as the company make bold moves towards venture capital.

I'm a happy camper and hope to be able to add shares along the way.

Well!

Ameritrade has seen fit---as is often the case---to credit my accounts with receipt of my first HTGC distributions a couple of days prior to the true exchange of funds. That 31 cents per share is looking mighty fine!

So here I sit with 1,509 shares and a diminishing cost basis of $12.32.

Not bad for just under two months! I'll accept a gain of $1,919 which annualizes at $11,514.

Whew! That sounds like money!

This pick deserves a lot more attention than you might be allowing. Hercules is in the business of enabling small to mid-size businesses to ramp up in a quest to scale---eventually hitting in the big leagues.

I'm expecting to add to this one. It feels really good knowing I'm part of a process that shows support for our fledgling U.S. industries vying for a larger portion of every businessman's dream of a piece of Heaven.

Good fortune to all of us!

There's something terribly wrong here and I'd be one sorry moderator were I not to bring it to public attention:

Having held Hercules in my own portfolio now for exactly one month, I'm seeing a gain of 4 pennies shy of a whole dollar. it should be obvious to one (me) and all (you) that this could prove to be one of the most outstanding plays of the year for a high yield hound.


This pick may well be the first item on my short list when that juicy NGL distribution comes in to the tune of $17,50?. Toss in a few other distributions from different picks and that leaves me with $18,000 to play with.

Perhaps $5K will go into my checking account to sit alongside the long established cash reserves (dry powder). Another $5K or so will bring a bit of relief to the margin utilization. The rest, half of which will be sitting in three sheltered accounts---will be spread out among several plays. NGL will be the recipient of of a very small amount through a DRIP in a tiny IRA. Another IRA will be similarly handled. Most of the NGL bounty will be in the form of cash.


Hercules will definitely be in line for a transfusion as it's been so profitable already. I've not yet decided how to disperse the funds but this will be foremost in my mind as the next few weeks roll on by.

More on this to come.

However, I've gotta wonder why I find myself alone here? This is so profitable already! And take a look at the Barchart opinion option and you'll find 100% buy signals all over the place. Ditto with CEQP, by the way.


If you're not sure about launching a position in a BDC, read up on it. As you do, consider the impact on smaller businesses in America and how you expect they'll fare as the current administration continues to fight for the little business entities. I think you'll sense a new imperative and frankly there's no time like the present to make a move.

Let me know what you do, please.

Having held this pick for not quite a month, I've already gained $403 on just 500 shares.

And what's really nice is that this volcano is spewing green nearly every day!

This is a stock that's being overlooked by many investors concentrating on other sectors. I understand that as I'm usually doing the same thing. Being an energy hound, anything energy-oriented grabs my attention.

BDCs are the go-to organizations companies turn to when money is critical to maintaining their day-to-day operations. When a company's stock is on the mat due to lack of available capital or a host of other issues too numerous to identify in this post but usually involving questionable creditworthiness and/or large debt obligation, investors tend to step back, fearful there'll no way to securitize their wish to see a particular company survive.

So what are the obvious options?

Well, a publicly traded company sells equity in exchange for cash. When you can't afford to buy & own, you rent and pray. The monthly rent paid doesn't contain a cash-back caveat, money paid is gone---permanently. In the case of Hercules, the objective after first identifying a good opportunity involving the trading of cash for equity, it's understood that HTGC wants to loan cash in order to gain a more permanent foothold in the company thru the access of equity. In simplest terms, HTGC is on the prowl, seeking opportunities to own parts of many viable companies.

Smaller companies are the likely partners-in-mind. Exhaustive research is the first building block in the BDC's decision-making process. In a way, you could say that this BDC is offering operating cash in exchange for a piece of the pie. The BDC expects to be repaid by a return of capital through the eventual sale of some or all of that equity and "rent-like fees" (loans to be repaid according to a strictly organized schedule based on specifics built into the loan structure/contract between BDC and the financially stressed company.

Tax changes on the move will trickle down into Mom & Pop businesses, many of which comprise a sizable portion of the companies being eyed by BDC. This will enhance growth opportunities for the BDC as it legitimizes loans not previously thought to be smart. But more importantly, circuitry involving loans for needy companies and companies prepared to make those loans available are at the beginning of a door-opening process thanks to an encouraging Administration bent upon promoting America's rebirth in building smaller business options.

This is a no-brainer for me and I now hold:

1,508 shares with a cost basis of $12.64.

This is a much smaller position than I want but it's what I can afford to put together at the moment. There's not a doubt in my mind but that HTGC is going much higher from here.

I began my accumulation on 6/18/18 or about a week ago---and now find a gain of $300.

To say I'm pleased is vastly understating things. Yahoo! makes it clear that analysts are viewing this as a strong contender for loftier trading numbers. Barchart Opinion has it listed with a 100% "buy" declaration.

For me, though, HTGC is likely to be my first target for add-on purchases when some of the NGL distribution money comes in. And I'm reducing other holdings daily in an effort to gain a stronger foothold in HTGC.

Good luck folks. And think twice about waiting to launch. Waiting is a form of slow death, all too often.

Busy morning, indeed!

Been trading heavily---lots of trades, lots of decisions being made as to what stocks paid over the last few weeks versus those yet to go ex-distribution. Without going into non-board-specifics, suffice to acknowledge:

Now holding 1,100 HTGC shares with a cost basis of $12.589.

I really appreciated that this pick resisted dropping this morning for a long time. That tells me it's smart to recognize this is a relatively safe stock in which to park money for now. The yield is excellent but more appealing to me is that the shares are showing great resistance to overall market conditions---in this case---a severe downturn.

So I remain on the acquisitive trail, hoping to continue adding shares of HTGC as I can. I feel no rush as there's a long time before divvy hunters push the price point higher.

This is looking better and better to me all the time. BDCs are at the root of S&P500 plays---without capital, companies don't expect to move to higher valuations. I'm liking this company more and more as I study, read and assimilate. And I'm excited, too...as I believe profits will be racking up strongly as we move forward.


Good fortune to all here!

While I understand my followers are focusing on NGL at the moment, I do hope you'll divert a bit of cash into HTGC as it's looking stronger and stronger to me all the time.


Enjoy the day however you spend it and your cash.

When looking for my next primary investment vehicle, I look for a company that will become part of its investment community. When looking at Hercules, I'm struck by its determination to be "as one" with each partner.

This is how I choose my investment vehicles, as well. It behooves me to know each company in which I invest---intimately, comfortably and thoroughly. This is how I'm able to sleep well night after night, even when times are difficult for a particular investment. It's my responsibility to become intimately familiar with the companies in which I invest---so much so that I come to feel as though those companies are part of me, an extension, if you will.

My relationship with each investment is not unlike that of the equestrian with the winning horse, or the driver with his hands on the steering wheel of that splendid race car. The idea here is to be "as one" with the entity at the center of that winning vision regarded as supremely viable.


Make no mistake---HTGC may not prove to be worthy of a lot of respect from me---not yet, anyway. But I will grow as my respect grows. My investment will grow as a direct result.

So if somebody out there is looking for the next bonanza to come home, know that it starts with the first steps we take. I've taken my first steps.

This being one of a number of stocks held in my portfolio, I'm just now getting around to squaring off so as to develop an overall plan that may lead to fine gains in this stock.

To begin this round-up:

My current position consists of

700 shares at a cost basis of $12.50.

The position was launched on Monday, 6/18/18.

Results: Gain of $166 after deducting for commissions.

____________________________________________________________

The recently passed tax relief law will breathe new life into American companies. It should surprise nobody that smaller businesses will find early stage navigation easier than in times past. As start-up Mom & Pop business are launched, fresh monies will be sought for inventory, infrastructure, promotion (advtsg.), wages, and so many more aspects involved in day-to-day operation of any business. It is the primary function of companies such as Hercules Technology Growth Capital, Inc. that such financial aid be made available. With it, beginning businesses have a chance to make their way. Without it, there will be no future for most.


Following is an extract (complete) provided by Ameritrade. It is not as complete as I'd like so, then...by all means. go to Yahoo! as that site will fill in a lot of obvious blanks.

Hercules Capital, Inc. is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries. The Company's investment objective is to maximize its portfolio total return by generating current income from its debt investments and capital appreciation from its warrant and equity-related investments. The Company's primary business objectives are to increase its net income, net operating income and net asset value (NAV) by investing in structured debt with warrants and equity of venture capital-backed companies in technology-related industries with attractive current yields and the potential for equity appreciation and realized gains. The Company focuses its investments in companies active in the technology industry sub-sectors

Hercules will engage in business with start-ups as any venture capital organization will---providing loans often not available through banks because of restrictions governing the nature of loaning money to less secure companies trying to gain a more permanent foothold. Venture capital companies will often accept equity in lieu of cash. When the venture capital company researches well and adds things up coherently and wisely, its chances to prosper are enhanced. Thus, the venture capitalist becomes a partner in the truest sense.


This, then, is at the foundation of my reasons for being an investor in HTGC. I like the premise, I'm noting improving company fundamentals and I sense the company is knocking at the door of opportunity. America has been compressed for many years. Without getting into political dissatisfactions, I will say only that I believe the iceberg is still a ways off in the distance. That, alone, tells me I've got to continue building a position in HTGC and do so now---before the rush becomes apparent to everybody later to the party.


Happy hunting!

Just now I added 200 shares of HTGC.

Ameritrade offers a fairly complete representation of situations this company finds especially ripe for creating wealth. I'm learning more and more all the time and it's spurring me on to add shares as I find affordable.

As of this moment I'm holding just 500 shares with a cost basis of $12.39 Obviously I've got to remain in accumulation mode or this investment won't translate into any meaningfully accretive.

So I'm in the hunt!

Just now took a starter position in HTGC.

Position:

300 at $12.36

I'll be watching this one for up to three months as is my custom---examining changes in valuation, profitability for myself, and more in-depth study of the balance sheet, financials and SEC filings.

Today's initial buy is based on the market's reflexive response to offerings without thought or even a clue as to why the offering should be regarded as dilutive when there may well be other issues far more important to this moment.

So, then, we wait and watch and hope to learn and grow through the process.

STOCK BUY BACK EXTENDED http://seekingalpha.com/news/2749856-hercules-technology-extends-buyback-program

with this low PPS and dividends this has to be a good long term play ??

Tech companies beware, Hercules into vulture capital now..
IMO tech companies should think twice about borrowing money from Hercules as they have added new much more aggressive and questionable business strategies. ..I would highly recommend tech companies study and try to understand their recent investment in AMDA, as an example, in this regard,...

U on this / Ran across it on a search in biotech. They happen to hold warrants... Your right, this is a one of a kind, into the real money, without being part of the big boys... GREAT MODEL... Looks like it took a while to take off, and moved to NYSE for some reason. i need to know what happened, and why.. But fundementally they are growing, market is growing, and they have the cash... With another 6 years of market to come, this could get really huge...

As they grow, it opens up whole new doors into financing with the chance to compete with major players at one point. That is where i would worry a little, a sellout of sorts.. The top players for the company could be swayed to join the Board or boards as independant advisors for Big time invesment bank types... THat type of move would be a trap for investors here as the directors of hercules could withold their investments to help those companies paying them on the side.. GET IT ?

Example : Pintrest is going public and Hercules approaches them as a possible financier... Great rate, etc... But along comes underwriter UBS, Sachs, etc. and offers board seats to henriquez, Bluestein, and others for the walk away to pintrest...

It is an inside play of "can never prove insider trade" or disclosure would never be found... Thinking and typing way off in the future....

I'm liking the model!
Not to mention their dividend.

Very nice running rabbit!

My best stock right now.