Hercules Technology Growth Capital, Inc. Announces Public Offering of Common Stock
08 March 2013 - 8:30AM
Business Wire
Hercules Technology Growth Capital, Inc. (NYSE: HTGC)
("Hercules") announced today that it is offering 7,000,000 shares
of common stock pursuant to an effective shelf registration
statement in an underwritten public offering. Hercules plans to
grant the underwriters for the offering an option to purchase up to
an additional 1,050,000 shares of common stock. Citigroup and Wells
Fargo Securities are acting as joint book-running managers in this
offering. Aegis Capital Corp, BB&T Capital Markets, a division
of BB&T Securities, LLC, Maxim Group LLC and National
Securities Corporation are acting as co-managers in this
offering.
The securities described above are being offered by Hercules
pursuant to a shelf registration statement previously filed with
and declared effective by the Securities and Exchange
Commission (the "SEC") on December 18, 2012. A
preliminary prospectus supplement related to the offering has been
filed with the SEC and is available on the SEC's web site
at http://www.sec.gov. Copies of the preliminary prospectus
supplement relating to these securities may be obtained from
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717 (tel: (800) 831-9146); Wells Fargo
Securities, 375 Park Avenue, 4th Floor, New York, New York 10152,
Attn: Equity Syndicate or by e-mailing
cmclientsupport@wellsfargo.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of,
the shares in any state or other jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state or other
jurisdiction.
About Hercules Technology Growth Capital, Inc.:
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 cleantech industries at all stages of development.
Since inception (December 2003), Hercules has committed more than
$3.4 billion to over 220 companies and is the lender of choice for
entrepreneurs and venture capital firms seeking growth capital
financing.
Hercules’ common stock trades on the New York Stock Exchange
(NYSE) under the ticker symbol "HTGC."
In addition, Hercules has two outstanding bond issuances of
7.00% Senior Notes due 2019—the April 2019 Notes and September 2019
Notes—which trade on the NYSE under the symbols “HTGZ” and “HTGY,”
respectively.
Companies interested in learning more about financing
opportunities should contact info@htgc.com, or call
650.289.3060.
Forward-Looking Statements:
The statements contained in this release that are not purely
historical are forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject
to uncertainties and other factors that could cause actual results
to differ materially from those expressed in the forward-looking
statements including, without limitation, the risks, uncertainties,
including the uncertainties surrounding the current market
turbulence, and other factors we identify from time to time in our
filings with the Securities and Exchange Commission. Although we
believe that the assumptions on which these forward-looking
statements are based are reasonable, any of those assumptions could
prove to be inaccurate and, as a result, the forward-looking
statements based on those assumptions also could be incorrect. You
should not place undue reliance on these forward-looking
statements. The forward-looking statements contained in this
release are made as of the date hereof, and Hercules assumes no
obligation to update the forward-looking statements for subsequent
events.
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