NYSE: HTGC , a leader in customized debt financing for entrepreneurial venture capital and private equity-backed companies in technology-related markets including cleantech and life science, today announced its quarter-to-date Q2 portfolio update. Since these commitments may expire without being drawn upon, unfunded commitments do not necessarily represent future cash requirements or future earning assets for Hercules.
Non-binding term sheets are subject to completion of Hercules' due diligence, investment committee approval, legal review, and negotiation of definitive documentation. It is important to note not all signed non-binding term sheets are expected to close and do not necessarily represent any future cash requirements.
As of June 11, , Hercules had warrants or equity positions in the following two companies which had filed Form S-1 Registration Statements in contemplation of a potential IPO:. Quarter-to-date, BrightSource Energy, Inc. There can be no assurances that these companies will complete their IPOs in a timely manner or at all. In April, Hercules sold its entire warrant investments held in portfolio company Annie's, Inc.
As of June 11, , Hercules had warrant positions in over different technology-related companies, two 2 of which have Form S-1 registration statements filed with the Securities and Exchange Commission in anticipation of completing a potential initial public offering or IPO. However, there can be no assurances that any of these companies will complete their respective IPO in a timely manner or at all.
Hercules Technology Growth Capital NYSE: HTGC is a specialty finance firm providing customized loans to public and private technology-related companies, including clean technology, life science and select lower middle market technology companies at all stages of development.
