{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-137207","form_type":"8-K","ticker":"HTGC","cik":"0001280784","company_name":"Hercules Capital, Inc.","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.255540+00:00","generated_at":"2026-06-15T16:00:49.087700+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Hercules Capital files to sell up to 25M shares via at-the-market equity distribution agreements","bullets":["Entered equity distribution agreements with JMP Securities and Jefferies for ATM sales of up to 25,000,000 shares of common stock.","Sales agents will receive commission of up to 2.0% of gross sales price for shares sold.","Net proceeds to fund investments in debt/equity securities, acquisitions, debt retirement, and general corporate purposes.","Shares may be sold on NYSE or through market makers; offering is under prospectus supplement dated May 5, 2023.","Company has no obligation to sell any shares; sales at company's discretion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-137207","json":"https://secwatch.observer/filing/0001193125-23-137207.json","markdown":"https://secwatch.observer/filing/0001193125-23-137207.md","text":"https://secwatch.observer/filing/0001193125-23-137207.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280784/000119312523137207/0001193125-23-137207-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280784/000119312523137207/d407180d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T16:00:49.087700+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ec42b9798682b99257e6e0e83415166e9dc1d150","claim":"Hercules Capital, Inc. entered into Equity Distribution Agreements with JMP Securities LLC and Jefferies LLC valued at up to 25,000,000 shares (effective 2023-05-05).","evidence_excerpt":"the Company entered into equity distribution agreements (the “Equity Distribution Agreements”), each dated May 5, 2023, with each of JMP Securities LLC and Jefferies LLC (the “Sales Agents”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280784/000119312523137207/0001193125-23-137207-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"JMP Securities LLC and Jefferies LLC"},{"label":"Value","value":"up to 25,000,000 shares"},{"label":"Effective","value":"2023-05-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}