{"schema_version":"secwatch.filing_event.v1","accession":"0001280784-25-000042","form_type":"8-K","ticker":"HTGC","cik":"0001280784","company_name":"Hercules Capital, Inc.","filed_at":"2025-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.022350+00:00","generated_at":"2026-05-17T01:15:31.962567+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Hercules Capital Q3 2025: record total investment income $138.1M, NII $0.49/sh, NAV up 1.8% to $12.05","bullets":["Record total investment income $138.1M (+10.3% YoY); NII $88.6M ($0.49/sh) covers base distribution 122%.","Record new debt/equity commitments $846.2M (+96.5% YoY) and record fundings $504.6M (+85.5% YoY).","NAV per share $12.05 (+1.8% QoQ); assets under management $5.5B (+20.7% YoY).","Declared Q3 total cash distribution $0.47/sh ($0.40 base + $0.07 supplemental), payable Nov 19, 2025.","Moody's upgraded Hercules to Baa2; non-accruals increased to 2 loans ($52.2M cost, 1.2% of portfolio)."],"urls":{"canonical":"https://secwatch.observer/filing/0001280784-25-000042","json":"https://secwatch.observer/filing/0001280784-25-000042.json","markdown":"https://secwatch.observer/filing/0001280784-25-000042.md","text":"https://secwatch.observer/filing/0001280784-25-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280784/000128078425000042/0001280784-25-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280784/000128078425000042/htgc-20251028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:15:31.962567+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"}