other material
confidence high
sentiment neutral
materiality 0.60
Hercules Capital files to sell up to 30M shares via ATM program with Jefferies and Citizens JMP
Hercules Capital, Inc.
- Up to 30,000,000 shares may be sold at-the-market; proceeds for investments, acquisitions, debt retirement, and general corporate purposes.
- Equity distribution agreements with Citizens JMP Securities LLC and Jefferies LLC; commission up to 2.0% of gross sales price.
- Offering made under shelf registration statement filed Dec 11, 2024; shares sold on NYSE or through market makers.
- Replaces prior ATM agreement dated May 5, 2023; new agreements dated December 12, 2024.