other material
confidence high
sentiment neutral
materiality 0.50
Hercules Capital files for at-the-market offering of up to 17.5M shares
Hercules Capital, Inc.
- Filed prospectus supplement to sell up to 17,500,000 shares of common stock (HTGC) in ATM offering.
- Net proceeds to fund investments, acquisitions, retire debt, and general corporate purposes.
- Entered equity distribution agreements with JMP Securities and Jefferies; commission up to 2.0%.
- Sales may be made on NYSE or through market makers at market prices.
- Offering is part of shelf registration statement (File No. 333-261732) filed Dec. 2021.