Source-grounded facts extracted from Hercules Capital, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Hercules Capital, Inc. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-18 meeting.
“Proposal 6. Ratify the appointment of PricewaterhouseCoopers LLP”
Hercules Capital, Inc. shareholders approved Approve the amendment and restatement of the Hercules Capital, Inc. 2018 Non-Employee Director Plan at the 2026-06-18 meeting.
“Proposal 5. Approve the amendment and restatement of the Hercules Capital, Inc. 2018 Non-Employee Director Plan”
Hercules Capital, Inc. shareholders approved Approve the amendment and restatement of the Hercules Capital, Inc. Amended and Restated 2018 Equity Incentive Plan at the 2026-06-18 meeting.
“Proposal 4. Approve the amendment and restatement of the Hercules Capital, Inc. Amended and Restated 2018 Equity Incentive Plan”
Hercules Capital, Inc. shareholders approved Advisory vote on the frequency of the advisory vote on executive compensation - 1 Year selected at the 2026-06-18 meeting.
“Proposal 3. Advisory vote on the frequency of the advisory vote on executive compensation”
Hercules Capital, Inc. shareholders approved Advisory vote to approve the Company’s named executive officer compensation at the 2026-06-18 meeting.
“Proposal 2. Advisory vote to approve the Company’s named executive officer compensation”
Hercules Capital, Inc. shareholders approved Election of one independent director - Robert P. Badavas at the 2026-06-18 meeting.
“Proposal 1. Election of one independent director”
Hercules Capital, Inc. reported first quarter ended March 31, 2026 results: revenue $141.5 million, net income $88.1 million, EPS $0.48 per share.
“Record Q1 2026 Total Investment Income of $141.5 Million, and Increase of 18.4% Year-over-Year Q1 2026 Net Investment Income "NII" of $88.1 Million, an Increase of 13.8% Year-over-Year Q1 2026 NII of $0.48 per Share provides 120% Coverage of the Base Cash Distribution”
Andrew Olson was appointed as Chief Financial Officer at Hercules Capital, Inc..
“Andrew Olson, age 43, was appointed Chief Financial Officer and Head of Corporate Development, succeeding Mr. Meyer in the role of Chief Financial Officer.”
Seth H. Meyer was appointed as President at Hercules Capital, Inc..
“Seth H. Meyer, age 57, the Company's Chief Financial Officer since March 2019, will transition from his role as Chief Financial Officer and was appointed President of the Company.”
Hercules Capital, Inc. incurred senior notes of $300,000,000 in aggregate principal amount of its 5.350% Notes due 2029 with U.S. Bank Trust Company, National Association at 5.350% per year maturing February 10, 2029.
“On February 10, 2026, in connection with a previously announced public offering, Hercules Capital, Inc. (the “ Company ”) and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”), entered into a Tenth Supplemental Indenture (the “ Tenth Supplemental Indenture ”) to that certain indenture, dated March 6, 2012, between the Company and the Trustee (together with the Tenth Supplemental Indenture, the “ Indenture ”). The Tenth Supplemental Indenture relates to the Company’s issuance, offer and sale of $ 300,000,000 in aggregate principal amount of its 5.350% Notes due 2029 (the “ Notes ”).”
Hercules Capital, Inc. entered into Tenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $300,000,000 (effective 2026-02-10).
“On February 10, 2026, in connection with a previously announced public offering, Hercules Capital, Inc. (the “ Company ”) and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”), entered into a Tenth Supplemental Indenture (the “ Tenth Supplemental Indenture ”) to that certain indenture, dated March 6, 2012, between the Company and the Trustee (together with the Tenth Supplemental Indenture, the “ Indenture ”).”
Hercules Capital, Inc. amended revolving credit of upsize the facility from $400.0 million to $440.0 million with MUFG Bank, Ltd. at Term SOFR plus a SOFR Margin ranging from 2.50% per annum to 2.75% per annum maturing June 10, 2029.
“ules Funding IV LLC, a Delaware limited liability company and a special purpose wholly-owned subsidiary of the Company (“HFIV”) entered into the Fourth Amendment to Loan and Security Agreement (the “MUFG Fourth Amendment”), with the lenders party thereto, and MUFG Bank, Ltd., as agent, a joint lead arranger, swingline lender and sole bookrunner, which amends the Loan and Security Agreement, dated as of February 20, 2020, as amended by the First Amendment to Loan and Security Agreement, dated as of June 18, 2021, as further amended by the Second Amendment to Loan and Security Agreement, dated as of June 10, 2022, and as further amended by the Third Amendment to Loan and Security Agreement, dated as of January 13, 2023 (the “MUFG Loan Agreement” and, as amended by the MUFG Fourth Amendment, the “MUFG Amended Loan Agreement”), with HFIV, as borrower, the lenders from time to time party ther”
Hercules Capital, Inc. incurred senior notes of $350,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 6.000% per year maturing 2025-06-16.
“Company and the Trustee (together with the Ninth Supplemental Indenture, the “Indenture”). The Ninth Supplemental Indenture relates to the Company’s issuance, offer and sale of $ 350,000,000 in aggregate principal amount of its 6.000% Notes due 2030 (the “Notes”). The Notes will mature on June 16, 2030, unless previously redeemed or repurchased in accordance with”
Hercules Capital, Inc. incurred convertible notes of $287.5 million with noteholders at 4.750% per annum maturing September 1, 2028.
“On March 10, 2025, in connection with a previously announced offering, Hercules Capital, Inc. (the “Company”) issued $ 287.5 million aggregate principal amount of 4.750% Convertible Unsecured Notes due 2028 (the “Convertible Notes”), inclusive of $37.5 million aggregate principal amount of Convertible Notes issued pursuant to the initial purchasers’ exercise of its overallotment option in full.”
Hercules Capital, Inc. amended credit facility with Sumitomo Mitsui Banking Corporation at change the margin that applies with respect to any “term benchmark” disbursement maturing extend the final maturity date of the SMBC LC Facility Agreement from January 13, 2026, to February 5, 2028.
“The SMBC Third Amendment to LC Facility Agreement amends certain provisions of the SMBC LC Facility Agreement to, among other things, (i) change the margin that applies with respect to any “term benchmark” disbursement or “RFR” disbursement, if the borrowing base is less than the product of 1.60 and the letter of credit exposure, from 1.475% to 1.450%, (ii) change the commitment fee the Company will pay to SMBC from 0.35% to 0.40% per annum on the average daily unused amount of the then-current commitment, and (iii) extend the final maturity date of the SMBC LC Facility Agreement from January 13, 2026, to February 5, 2028.”
Hercules Capital, Inc. reported the quarter ended March 31, 2024 results: revenue $121.6 million, net income $79.2 million, EPS $0.50 per share.
“Hercules Capital Reports First Quarter 2024 Financial Results Record Q1 2024 Total Gross Debt and Equity Commitments of $956.0 Million, an Increase of 81.7% Year-over-Year Record Q1 2024 Total Gross Fundings of $605.2 Million, an Increase of 27.1% Year-over-Year Q1 2024 Total Investment Income of $121.6 Million, an Increase of 15.7% Year-over-Year Q1 2024 Net Investment Income “NII” of $79.2 Million, or $0.50 per Share, an Increase of 20.9% Year-over-Year”
Hercules Capital, Inc. reported full-year ended December 31, 2023 results: revenue Total Investment Income of $460.7 Million, net income Net Investment Income “NII” of $304.0 Million, EPS $2.09 per share.
“Record Full-Year 2023 Total Investment Income of $460.7 Million, an Increase of 43.2% Year-over-Year Record Full-Year 2023 Net Investment Income “NII” of $304.0 Million, an Increase of 61.7% Year-over-Year”
Hercules Capital, Inc. reported fourth quarter ended December 31, 2023 results: revenue Total Investment Income of $122.6 Million, net income Net Investment Income “NII” of $86.0 Million, EPS $0.56 per Share.
“Record Q4 2023 Total Investment Income of $122.6 Million, an Increase of 22.4% Year-over-Year Record Q4 2023 Net Investment Income “NII” of $86.0 Million, or $0.56 per Share”
Hercules Capital, Inc. reported financial results for the quarter and year ended December 31, 2023.
“On February 15, 2024, Hercules Capital, Inc. (the “Company”) issued a press release announcing its earnings for the quarter and year ended December 31, 2023.”
Hercules Capital, Inc. reported the third quarter ended September 30, 2023 results: revenue $116.7 million, net income $76.8 million, or $0.52 per share, EPS $0.52 per share.
“Hercules Capital Reports Third Quarter 2023 Financial Results Record Q3 2023 Total Investment Income of $116.7 Million, an Increase of 38.6% Year-over-Year Record Q3 2023 Net Investment Income “NII” of $76.8 Million, or $0.52 per Share, an Increase of 53.6% Year-over-Year”
Nikos Theodosopoulos was elected as independent director at Hercules Capital, Inc..
“On September 21, 2023, the Board elected Nikos Theodosopoulos as an independent director of the Company.”
Hercules Capital, Inc. entered into Underwriting Agreement with Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC, as joint book-running managers (effective 2023-08-07).
“On August 7, 2023, Hercules Capital, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company and Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC, as joint book-running managers, acting as representatives of the several underwriters named on Schedule I attached thereto (the “Underwriters”), in connection with an underwritten public offering of 6,500,000 shares (the “Offering”) of the Company’s common stock”
Hercules Capital, Inc. reported the second quarter ended June 30, 2023 results: revenue Total Investment Income of $116.2 Million, net income Net Investment Income "NII" of $75.7 Million, or $0.53 per Share, EPS $0.53 per share.
“Hercules Capital Reports Second Quarter 2023 Financial Results Record Q2 2023 Total Investment Income of $116.2 Million, an Increase of 61.2% Year-over-Year Record Q2 2023 Net Investment Income "NII" of $75.7 Million, or $0.53 per Share, an Increase of 88.6% Year-over-Year”
Hercules Capital, Inc. shareholders approved Authorization of the Company to sell or issue shares of its common stock at a price below its then-current NAV per share at the 2023-07-20 meeting.
“Stockholders authorized the Company to sell or issue shares of its common stock at a price below its then-current NAV per share, subject to the conditions set forth in Proposal 4. Detailed results of this vote are below. The results of the votes held on June 22, 2023 were previously reported on the Company’s Current Report on Form 8-K filed with the Commission on June 23, 2023. For Against Abstain Proposal 4 58,184,204 14,750,391 3,386,164”
Hercules Capital, Inc. shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the independent public accountant for the fiscal year ending December 31, 2023 at the 2023-06-22 meeting.
“Proposal 5 104,904,432 1,698,188 1,933,904”
Hercules Capital, Inc. shareholders approved Advisory vote on the frequency of the advisory vote on executive compensation at the 2023-06-22 meeting.
“1 Year 2 Years 3 Years Abstain Proposal 3 59,061,931 2,265,897 2,505,364 2,476,561”
Hercules Capital, Inc. shareholders approved Advisory vote to approve the Company’s named executive officer compensation at the 2023-06-22 meeting.
“Proposal 2 56,773,421 5,801,533 3,734,799”
Hercules Capital, Inc. shareholders approved Election of two independent directors at the 2023-06-22 meeting.
“Proposal 1. Election of two independent directors Proposal 2. Advisory vote to approve the Company’s named executive offer compensation Proposal 3. Advisory vote on the frequency of the advisory vote on executive compensation Proposal 4. Authorization of the Company to sell or issue shares of its common stock at a price below its then-current NAV per share, subject to the conditions set forth in Proposal 4 Proposal 5. Ratification of the selection of PricewaterhouseCoopers LLP (“PwC”) as the independent public accountant for the fiscal year ending December 31, 2023”
Hercules Capital, Inc. entered into Equity Distribution Agreements with JMP Securities LLC and Jefferies LLC valued at up to 25,000,000 shares (effective 2023-05-05).
“the Company entered into equity distribution agreements (the “Equity Distribution Agreements”), each dated May 5, 2023, with each of JMP Securities LLC and Jefferies LLC (the “Sales Agents”).”
Hercules Capital, Inc. reported the first quarter ended March 31, 2023 results: revenue $105.1 million, net income $65.5 million, EPS $0.48 per share.
“Record Total Investment Income of $105.1 million, an increase of 61.3% year-over-year • Record Net Investment Income of $65.5 million, or $0.48 per share, an increase of 83.0% year-over-year”
Hercules Capital, Inc. reported financial results for the quarter and year ended December 31, 2022.
“On February 16, 2023, Hercules Capital, Inc. (the “Company”) issued a press release announcing its earnings for the quarter and year ended December 31, 2022.”
Brad Koenig resigned as Director at Hercules Capital, Inc..
“On January 26, 2023, director Brad Koenig notified the Chairman of the Board of Directors of Hercules Capital, Inc. (the “Company”) of his decision to accept a position with the federal government and, as a consequence, resign from his position as a member of the Board, effective as of the close of business on January 27, 2023.”
Hercules Capital, Inc. incurred credit facility of $100.0 million with Sumitomo Mitsui Banking Corporation maturing January 13, 2026.
“Hercules Capital, Inc., a Maryland corporation (the “Company”), entered into a Letter of Credit Facility Agreement (the “SMBC LC Facility”) with Sumitomo Mitsui Banking Corporation (“SMBC”), as issuing bank. The SMBC LC Facility provides for a letter of credit facility with a final maturity date ending on January 13, 2026 and an initial commitment amount of $100.0 million.”
Hercules Capital, Inc. amended SMBC RCF First Omnibus Amendment with Sumitomo Mitsui Banking Corporation (effective 2023-01-13).
“On January 13, 2023, the Company entered into the First Omnibus Amendment to Revolving Credit Agreement and Guarantee and Security Agreement (the “SMBC RCF First Omnibus Amendment”), which among other things, amends the Revolving Credit Agreement, dated as of November 9, 2021,”
Hercules Capital, Inc. entered into SMBC LC Facility with Sumitomo Mitsui Banking Corporation valued at $100.0 million (effective 2023-01-13).
“On January 13, 2023, Hercules Capital, Inc., a Maryland corporation (the “Company”), entered into a Letter of Credit Facility Agreement (the “SMBC LC Facility”) with Sumitomo Mitsui Banking Corporation (“SMBC”), as issuing bank.”
Hercules Capital, Inc. reported the third quarter ended September 30, 2022 results: revenue $84.2 million, net income $50.0 million, EPS $0.39 per share.
“• Net Investment Income “NII” of $50.0 million, or $0.39 per share, an increase of 31.3% year-over-year • Record Total Investment Income of $84.2 million, an increase of 20.0% year-over-year”
DeAnne Aguirre was elected as Independent Director at Hercules Capital, Inc..
“On June 23, 2022, the Board elected DeAnne Aguirre as an independent director of the Company.”
Doreen Woo Ho retired as Independent Director at Hercules Capital, Inc..
“Joseph F. Hoffman and Doreen Woo Ho each retired from Board of Directors of the Company (the “Board”) as Class III independent directors following the expiration of their then-current terms at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) held on June 23, 2022.”
Joseph F. Hoffman retired as Independent Director at Hercules Capital, Inc..
“Joseph F. Hoffman and Doreen Woo Ho each retired from Board of Directors of the Company (the “Board”) as Class III independent directors following the expiration of their then-current terms at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) held on June 23, 2022.”
Christian Follmann changed role as Chief Operating Officer at Hercules Capital, Inc..
“On February 1, 2022, Christian Follmann was promoted to Chief Operating Officer of Hercules Capital, Inc. (the “Company”), effective immediately.”
Pam Randhawa was appointed as director at Hercules Capital, Inc..
“On October 20, 2021, the Board of Directors of the Company appointed Pam Randhawa as a director of the Company, effective November 1, 2021.”
Melanie Grace departed as General Counsel, Secretary, and Chief Compliance Officer at Hercules Capital, Inc..
“On September 23, 2021, Hercules Capital, Inc. (together with its subsidiaries, the “Company”) and Melanie Grace mutually agreed that Ms. Grace would separate from the Company and end her tenure as General Counsel, Secretary, and Chief Compliance Officer effective September 24, 2021.”
Carol L. Foster resigned as Director at Hercules Capital, Inc..
“On July 12, 2021, Carol L. Foster notified the Chairman of the Board of Directors of Hercules Capital, Inc. (the “Company”) of her decision to resign, effective immediately, from her position as a member of the Board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.