---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-182266"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2022-06-27T23:59:59+00:00"
generated_at: "2026-06-24T22:51:14.729491+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital raises $200M via asset-backed and unsecured notes; appoints new director

## Summary
- Completed two debt financings totaling $200M: $150M asset-backed notes at 4.95% due 2031 and $50M unsecured notes at 6.00% due 2025.
- Proceeds to pay down credit facilities, fund investments, and for general corporate purposes.
- Directors Joseph F. Hoffman and Doreen Woo Ho retired; Wade Loo and Thomas J. Fallon named chairs of Audit and Governance committees.
- DeAnne Aguirre appointed as independent director, effective June 23, 2022, serving on Governance Committee.

## SEC filing metadata
- accession: 0001193125-22-182266
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2022-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312522182266/0001193125-22-182266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312522182266/d366106d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-182266
- JSON: https://secwatch.observer/filing/0001193125-22-182266.json
- Plain text: https://secwatch.observer/filing/0001193125-22-182266.txt

## Key facts
- Executive change
  Joseph F. Hoffman retired as Independent Director at Hercules Capital, Inc..
  - Action: retired
  - Role: Independent Director
  source text: Joseph F. Hoffman and Doreen Woo Ho each retired from Board of Directors of the Company (the “Board”) as Class III independent directors following the expiration of their then-current terms at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) held on June 23, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280784/000119312522182266/0001193125-22-182266-index.htm
- Executive change
  DeAnne Aguirre was elected as Independent Director at Hercules Capital, Inc..
  - Action: elected
  - Role: Independent Director
  source text: On June 23, 2022, the Board elected DeAnne Aguirre as an independent director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280784/000119312522182266/0001193125-22-182266-index.htm
- Executive change
  Doreen Woo Ho retired as Independent Director at Hercules Capital, Inc..
  - Action: retired
  - Role: Independent Director
  source text: Joseph F. Hoffman and Doreen Woo Ho each retired from Board of Directors of the Company (the “Board”) as Class III independent directors following the expiration of their then-current terms at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) held on June 23, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280784/000119312522182266/0001193125-22-182266-index.htm

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