other_material
confidence high
sentiment neutral
materiality 0.35
Hercules Capital shareholders reject proposal to sell shares below NAV at annual meeting
Hercules Capital, Inc.
- Elected directors Scott Bluestein, Wade Loo, DeAnne Aguirre to Class III terms until 2028.
- Advisory vote approved named executive officer compensation (56.1M for, 6.4M against).
- Proposal to authorize sale or issuance of shares below NAV failed (52.6M for, 11.1M against, excluding affiliates).
- Ratified PwC as independent auditor for FY2025 (124.6M for, 1.8M against).
- Broker non-votes of ~62.2M shares on all proposals except auditor ratification.
item 5.07item 9.01