Hercules Capital Enters Material Definitive Agreement
Ticker: HCXY · Form: 8-K · Filed: Dec 2, 2024 · CIK: 1280784
| Field | Detail |
|---|---|
| Company | Hercules Capital, Inc. (HCXY) |
| Form Type | 8-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $225.0 million, $300.0 m, $500.0 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, 8-k
TL;DR
Hercules Capital signed a new material definitive agreement on Nov 26, 2024. Details to follow.
AI Summary
On November 26, 2024, Hercules Capital, Inc. entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in Maryland, filed this 8-K report on December 2, 2024, detailing events that occurred on November 26, 2024. The filing also includes information on other events and financial statements.
Why It Matters
This filing indicates Hercules Capital has entered into a significant new financial agreement, which could impact its future financial obligations and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.
Key Players & Entities
- Hercules Capital, Inc. (company) — Registrant
- November 26, 2024 (date) — Date of earliest event reported
- December 2, 2024 (date) — Filing date
- Maryland (jurisdiction) — State of incorporation
FAQ
What type of material definitive agreement did Hercules Capital, Inc. enter into?
The filing states that Hercules Capital, Inc. entered into a material definitive agreement, and it also falls under the item 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant', suggesting it involves financial commitments.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on November 26, 2024.
What is the filing date of this 8-K report?
This 8-K report was filed on December 2, 2024.
In which state is Hercules Capital, Inc. incorporated?
Hercules Capital, Inc. is incorporated in Maryland.
What other items are covered in this 8-K filing besides the material definitive agreement?
This 8-K filing also covers 'Other Events' and 'Financial Statements and Exhibits'.
Filing Stats: 825 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-12-02 16:47:57
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share HTGC New York Stock Excha
- $225.0 million — , (i) increase the facility amount from $225.0 million to $300.0 million, which may be further
- $300.0 m — facility amount from $225.0 million to $300.0 million, which may be further increased u
- $500.0 m — n, which may be further increased up to $500.0 million, subject to the terms of the SMBC
Filing Documents
- d829556d8k.htm (8-K) — 30KB
- d829556dex41.htm (EX-4.1) — 1128KB
- d829556dex991.htm (EX-99.1) — 7KB
- g829556g1130031339177.jpg (GRAPHIC) — 4KB
- 0001193125-24-268989.txt ( ) — 1573KB
- htgc-20241126.xsd (EX-101.SCH) — 4KB
- htgc-20241126_def.xml (EX-101.DEF) — 13KB
- htgc-20241126_lab.xml (EX-101.LAB) — 22KB
- htgc-20241126_pre.xml (EX-101.PRE) — 14KB
- d829556d8k_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events. On December 2, 2024, the Company issued a press release announcing its entry into the SMBC Fifth Amendment. The text of the press release is included as an exhibit to this Form 8-K. Item9.01 Financial Statements and Exhibits (d) Exhibits 4.1 Fifth Amendment to Revolving Credit Agreement, dated as of November 26, 2024, between the Registrant, the lenders party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent 99.1 Press Release, dated December 2, 2024 104 Cover Page Interactive Date File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HERCULES CAPITAL, INC. December 2, 2024 By: /s/ Kiersten Zaza Botelho Kiersten Zaza Botelho Secretary 3