---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-068498"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:15:57.314376+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital has no SVB exposure, earmarks $50M for short-term loans to affected firms

## Summary
- No cash or banking relationship with Silicon Valley Bank; no direct operational impact expected.
- Ended 2022 with $3.6B AUM (+29.3% YoY) and $606M liquidity; $1.0B including adviser funds.
- Earmarked $50M in secured short-term financing to help portfolio companies meet payroll and obligations.
- 100% of debt portfolio companies current on payments as of most recent monthly reporting.
- Year-to-date sold ~4.2M shares via ATM for $59.8M net, accretive to NAV.

## SEC filing metadata
- accession: 0001193125-23-068498
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312523068498/0001193125-23-068498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312523068498/d379692d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-068498
- JSON: https://secwatch.observer/filing/0001193125-23-068498.json
- Plain text: https://secwatch.observer/filing/0001193125-23-068498.txt

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