Hercules Capital, Inc. (HTGC)
Company Description
Hercules Capital, Inc. is a business development company.
The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups, to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.
The firm provides growth capital financing solutions for capital extension; management buy-out and corporate spin-out financing solutions; company, asset specific, or intellectual property acquisition financing; convertible, subordinated and/or mezzanine loans; domestic and international corporate expansion; vendor financing; revenue acceleration by sales and marketing development, and manufacturing expansion.
It provides asset-based financing with a focus on cash flow; accounts receivable facilities; equipment loans or leases; equipment acquisition; facilities build-out and/or expansion; working capital revolving lines of credit; inventory.
The firm also provides bridge financing to IPO or mergers and acquisitions or technology acquisition; dividend recapitalizations and other sources of investor liquidity; cash flow financing to protect against share price volatility; competitor acquisition; pre-IPO financing for extra cash on the balance sheet; public company financing to continue asset growth and production capacity; short-term bridge financing; and strategic and intellectual property acquisition financings.
It also focuses on customized financing solutions, emerging growth, mid venture, and late venture financing.
The firm invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments.
The firm generally seeks to invest in companies that have been operating for at least six to 12 months prior to the date of their investment.
It prefers to invest in technology, energy technol
Country | United States |
IPO Date | Jun 9, 2005 |
Industry | Asset Management |
Sector | Financials |
Employees | 100 |
CEO | Scott Bluestein |
Contact Details
Address: 1 North B Street, Suite 2000 San Mateo, California 94401 United States | |
Phone | 650-289-3060 |
Website | htgc.com |
Stock Details
Ticker Symbol | HTGC |
Exchange | NYSE |
Fiscal Year | January - December |
Reporting Currency | USD |
CIK Code | 0001280784 |
CUSIP Number | 427096508 |
ISIN Number | US4270965084 |
Employer ID | 74-3113410 |
Key Executives
Name | Position |
---|---|
Scott Bluestein | Chief Executive Officer, Chief Investment Officer, President and Director |
Seth Hardy Meyer | Chief Financial Officer and Chief Accounting Officer |
Christian Follmann | Chief Operating Officer |
Kiersten Zaza Botelho | Corporate Secretary, Chief Legal and Compliance Officer |
Steve Kuo | Senior MD and Group Head of Technology |
Michael W. Hara | Managing Director of Investor Relations and Corporate Communications |
Kate Kinlin | Vice President of Human Resources |
Roy Y. Liu | Managing Director |
R. Bryan Jadot | Senior MD and Group Head of Life Sciences |
Michael Bowden | Managing Director of Portfolio Management |
Latest SEC Filings
Date | Type | Title |
---|---|---|
Feb 15, 2024 | 8-K | Current Report |
Feb 15, 2024 | 10-K | Annual Report |
Jan 22, 2024 | ABS-15G | Filing |
Nov 2, 2023 | 8-K | Current Report |
Nov 2, 2023 | 10-Q | Quarterly Report |
Oct 27, 2023 | ABS-15G | Filing |
Oct 19, 2023 | 40-17G | Filing |
Sep 25, 2023 | 8-K | Current Report |
Aug 18, 2023 | 424B3 | Prospectus |
Aug 10, 2023 | 8-K | Current Report |