Pricing
IPO PRICING: Hercules Technology Growth Capital, Inc.
By PAlo Alto, CA
Jun 9, 2005, 15:39

ules Technology Growth Capital, Inc. (Nasdaq:HTGC - News) announced today the initial public offering of 6,000,000 shares of its common stock at $13.00 per share, raising gross proceeds of $78 million. Hercules has granted the underwriters an option to purchase up to an additional 900,000 shares to cover over-allotments. Hercules' stock began trading today on the Nasdaq National Market under the symbol "HTGC".

The offering was led by JMP Securities LLC acting as book-running manager, with Ferris, Baker Watts, Incorporated acting as co-manager.


INFO SOURCES
Hercules Technology Growth Capital, Inc. (Nasdaq:HTGC); Regulatory Filings [SEC]

FIRMS

Hercules is a specialty finance company, founded in December 2003, that provides debt and equity growth capital to technology-related companies at all stages of development. Hercules primarily finances privately-held companies backed by leading venture capital and private equity firms and also may finance certain publicly-traded companies.