---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-048589"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T05:56:23.558646+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital Q4 2021 NII $0.35/sh; record $2.64B annual commitments; declares supplemental dividend $0.60/sh

## Summary
- Q4 2021 NII $40.4M ($0.35/sh) vs $42.2M ($0.37/sh) in Q4 2020; total investment income $72.5M.
- Record annual gross new debt and equity commitments of $2.64B, up 122% YoY; record Q4 commitments $947.8M.
- GAAP effective yield 13.0%, core yield 11.2%; NAV per share $11.22, down 2.8% from Q3 2021.
- Declared quarterly distribution of $0.33/sh and new supplemental dividend of $0.60/sh payable equally over four quarters.
- Unfunded commitments $286.8M; available liquidity $627.7M; GAAP leverage 95.6%.

## SEC filing metadata
- accession: 0001193125-22-048589
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312522048589/0001193125-22-048589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312522048589/d293903d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-048589
- JSON: https://secwatch.observer/filing/0001193125-22-048589.json
- Plain text: https://secwatch.observer/filing/0001193125-22-048589.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.