Hercules Capital, Inc. (HTGC)

NYSE: HTGC · IEX Real-Time Price · USD
18.45
+0.08 (0.44%)
At close: Mar 28, 2024, 4:00 PM
18.50
+0.05 (0.27%)
After-hours: Mar 28, 2024, 7:58 PM EDT

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

Hercules Capital, Inc.
Hercules Capital logo
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