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Hercules Capital Inc - HTGC STOCK NEWS

Welcome to our dedicated news page for Hercules Capital (Ticker: HTGC), a resource for investors and traders seeking the latest updates and insights on Hercules Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hercules Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hercules Capital's position in the market.

Rhea-AI Summary
Hercules Capital, Inc. (HTGC) declares a total cash distribution of $0.48 per share for the fourth quarter of 2023, consisting of a base distribution of $0.40 per share and a new supplemental distribution of $0.08 per share. The company's Board of Directors aims to distribute 90% to 100% of its taxable quarterly income or potential annual income for the year. The distribution payment dates are set for February 28, 2024, and March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
earnings
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Rhea-AI Summary
Hercules Capital, Inc. (HTGC) declares a total cash distribution of $0.48 per share for the fourth quarter of 2023, consisting of a base distribution of $0.40 per share and a new supplemental distribution of $0.08 per share. The company's Board of Directors aims to distribute 90% to 100% of its taxable quarterly income or potential annual income for the year. The distribution payment dates are set for February 28, 2024, and March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
earnings
-
Rhea-AI Summary
Hercules Capital, Inc. (HTGC) announces a new supplemental cash distribution of $0.32 per share to be distributed over four quarters, starting with $0.08 per share for the fourth quarter of 2023. This is in addition to the regular quarterly cash distribution of $0.40 per share. The company's Board of Directors aims to distribute 90-100% of taxable income quarterly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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none
Rhea-AI Summary
Hercules Capital, Inc. (HTGC) announces a new supplemental cash distribution of $0.32 per share to be distributed over four quarters, starting with $0.08 per share for the fourth quarter of 2023. This is in addition to the regular quarterly cash distribution of $0.40 per share. The company's Board of Directors aims to distribute 90-100% of taxable income quarterly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
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none
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Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) has announced the schedule for its fourth quarter and full-year 2023 financial results conference call on February 15, 2024. The call will be available via telephone and live webcast, with an archived webcast replay available for at least 30 days. Investors and stakeholders can register to participate in the call and access the necessary details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
earnings
-
Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) has announced the schedule for its fourth quarter and full-year 2023 financial results conference call on February 15, 2024. The call will be available via telephone and live webcast, with an archived webcast replay available for at least 30 days. Investors and stakeholders can register to participate in the call and access the necessary details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
earnings
Rhea-AI Summary
enGene Holdings Inc. (ENGN) secures a $50 million loan agreement with Hercules Capital, Inc. (HTGC) to support the development of their lead EG-70 program for BCG-unresponsive non-muscle invasive bladder cancer. The loan has a term of four years, with $22.5 million already advanced and up to a further $27.5 million available based on clinical and financial milestones. The capital will extend the company's cash runway and support operations beyond the anticipated EG-70 interim data readout.
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Rhea-AI Summary
Revelation Partners (NYSE: RP) announced the addition of Andrew Olson as Partner, Chief Financial Officer and Chief Operating Officer. With over $1.5 billion of capital under management, the firm has recently closed its $608 million Fund IV, reflecting the growing deal activity in private healthcare companies. Andrew Olson brings 17 years of experience in leadership roles in private and public companies, enhancing the firm's technical expertise and supporting its differentiated investment model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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Rhea-AI Summary
Revelation Partners (NYSE: RP) announced the addition of Andrew Olson as Partner, Chief Financial Officer and Chief Operating Officer. With over $1.5 billion of capital under management, the firm has recently closed its $608 million Fund IV, reflecting the growing deal activity in private healthcare companies. Andrew Olson brings 17 years of experience in leadership roles in private and public companies, enhancing the firm's technical expertise and supporting its differentiated investment model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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none
Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) has received a 'green light' letter from the U.S. Small Business Administration to submit an application for a fourth Small Business Investment Company (SBIC) subsidiary. This will enable Hercules to access an additional $175.0 million of long-term debentures, bringing its combined borrowing capacity through the SBIC program to a total of $350.0 million of capital. The company's CEO, Scott Bluestein, emphasized the importance of this partnership in maintaining a highly liquid and diversified balance sheet, providing flexibility to support small and growth-oriented businesses.
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Hercules Capital Inc

NYSE:HTGC

HTGC Rankings

HTGC Stock Data

2.91B
143.98M
1.88%
26.95%
3.82%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Palo Alto

About HTGC

hercules technology growth capital, inc. (nyse: htgc) ("hercules") is the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology industries, at all stages of development. since inception (december 2003), hercules has committed more than $4.6 billion to over 300 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. at hercules, we provide venture debt to entrepreneurial companies at all stages of development to further their growth and help them achieve key milestones. in addition to the capital we provide, many times the access to our network of contacts and simple business advice can prove to be equally as valuable. we understand the importance of these intangibles because we, like the companies which choose hercules, also come from an entrepreneur