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Hercules Capital Announces Upcoming Event for the Financial Community
Businesswire· 2025-11-11 11:00
Core Viewpoint - Hercules Capital, Inc. is a leading specialty financing provider focused on innovative venture, growth, and established stage companies, announcing participation in a financial community event [1][2]. Company Overview - Hercules Capital, Inc. (NYSE: HTGC) is the largest specialty finance company providing senior secured venture growth loans to high-growth, innovative companies in technology and life sciences [3]. - Since its inception in December 2003, Hercules has committed over $25 billion to more than 700 companies, establishing itself as a preferred lender for entrepreneurs and venture capital firms [3][12]. - The company operates an asset management business through its subsidiary, Hercules Adviser LLC, which manages investments for external parties [4]. Financial Information - Hercules Capital's common stock trades on the NYSE under the ticker symbol "HTGC" and has a retail bond issuance of 6.25% Notes due 2033 [5]. - The company reported revenues of $208 million and a net income of $109 million for the year 2018 [8]. Recent Developments - Hercules Capital has declared a total cash distribution of $0.47 per share for the third quarter of 2025 [9]. - The company is celebrating reaching a milestone of $25.0 billion in total cumulative debt commitments since its first origination in October 2004 [12].