Hercules Capital, Inc.

Hercules Capital, Inc. is a specialty finance company that provides senior secured loans to high-growth, innovative companies backed by venture capital and institutions. The company focuses on technology and life sciences industries. Within technology, investments are made in sub-sectors such as computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure or services, consumer and business services, telecommunications, telecommunications equipment, and media. In the life sciences sub-sector, the focus is on medical devices, bio-pharmaceutical, drug discovery and development, drug delivery, health care services, and information systems companies. The primary business objectives are to increase net income, net investment income, and net asset value (NAV) by investing in primarily Structured Debt or senior secured debt instruments of these technology-related companies at attractive yields. Structured Debt refers to debt investments that include an equity, warrant, option, or other right to purchase or convert into common or preferred equity. The company aims to maximize portfolio total return through current income from debt investments and capital appreciation from warrant and equity investments. Hercules Capital, Inc., its subsidiaries, or affiliates may also manage other funds that invest in debt, equity, or provide financing or services to companies across various industries, earning management or other fees. They may also invest in the equity of these funds alongside third parties, seeking returns and/or future incentive allocations.