{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-051063","form_type":"8-K","ticker":"HTGC","cik":"0001280784","company_name":"Hercules Capital, Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.179711+00:00","generated_at":"2026-05-25T00:53:56.009850+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Hercules Capital closes $287.5M convertible note offering at 4.75% due 2028","bullets":["$287.5M aggregate principal of 4.750% Convertible Unsecured Notes due 2028; includes $37.5M overallotment exercised.","Net proceeds ~$278.4M; to fund investments and general corporate purposes.","Initial conversion rate 46.5631 shares per $1,000 (conversion price ~$21.48), ~12.5% premium to March 5 close of $19.09.","Notes rank senior unsecured, mature Sept 1, 2028; no company redemption right; holder conversion under conditions.","Notes initially assigned BBB+ by Kroll Bond Rating Agency."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-051063","json":"https://secwatch.observer/filing/0001193125-25-051063.json","markdown":"https://secwatch.observer/filing/0001193125-25-051063.md","text":"https://secwatch.observer/filing/0001193125-25-051063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280784/000119312525051063/0001193125-25-051063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280784/000119312525051063/d931396d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:53:56.009850+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}