Hercules Capital (HTGC) Announces 5M Share Public Offering of Common Stock

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Hercules Capital, Inc. Announces Public Offering of Common Stock

June 12, 2019 4:29 PM EDT

PALO ALTO, Calif.--(BUSINESS WIRE)-- Hercules Capital, Inc. (NYSE: HTGC) (Hercules) today announced that it plans to make a public offering of 5,000,000 shares of its common stock. Hercules also plans to grant the underwriters for the offering an option to purchase up to an additional 750,000 shares of its common stock. Morgan Stanley, Wells Fargo Securities, and Keefe, Bruyette& Woods, A Stifel Company, are acting as joint book-running managers in this offering, and Compass Point and Wedbush Securities are acting as co-managers in this offering.

Hercules expects to use the net proceeds... More