{"schema_version":"secwatch.filing_event.v1","accession":"0001280784-25-000023","form_type":"8-K","ticker":"HTGC","cik":"0001280784","company_name":"Hercules Capital, Inc.","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.827731+00:00","generated_at":"2026-05-22T23:52:34.476747+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hercules Capital Q1 NII $0.45/shr; $1.02B commitments; declares $0.47 dividend; rating upgraded to BBB (high)","bullets":["Q1 2025 NII of $77.5M ($0.45/shr) vs $79.2M ($0.50/shr) in Q1 2024; 113% coverage of base distribution.","Total gross debt/equity commitments of $1.02B; gross fundings of $539.1M; net debt portfolio grew $269.8M.","NAV per share $11.55 (down 0.9% QoQ); AUM surpassed $5.0B, up 11% YoY.","Received investment grade rating upgrade to BBB (high) from Morningstar DBRS.","Declared Q1 2025 total cash distribution of $0.47/shr ($0.40 base + $0.07 supplemental), payable May 20, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001280784-25-000023","json":"https://secwatch.observer/filing/0001280784-25-000023.json","markdown":"https://secwatch.observer/filing/0001280784-25-000023.md","text":"https://secwatch.observer/filing/0001280784-25-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280784/000128078425000023/0001280784-25-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280784/000128078425000023/htgc-20250429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T23:52:34.476747+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"}