UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 1, 2022
Hercules Capital, Inc.
(Exact name of registrant as specified in its charter)
| Maryland | 814-00702 | 74-3113410 | ||
| (State or other jurisdiction of incorporation) |
(Commission File No.) |
(I.R.S. Employer Identification No.) |
| 400 Hamilton Ave., Suite 310 Palo Alto, CA |
94301 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (650) 289-3060
Not Applicable
(Former name or address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
| Common Stock, par value $0.001 per share | HTGC | New York Stock Exchange | ||
| 6.25% Notes due 2033 | HCXY | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On February 1, 2022, Christian Follmann was promoted to Chief Operating Officer of Hercules Capital, Inc. (the “Company”), effective immediately. Mr. Follmann, age 39, will serve as the principal operating officer for the Company. He first joined the Company as an analyst intern in the Palo Alto office in July 2006 and was promoted to the role of associate in December 2009 and then director of investment analysis and strategy in August 2011. He was most recently promoted to Senior Director of Operations and Strategic Projects in 2016. Mr. Follmann graduated from Northeastern University and Reutlingen University in Germany, receiving a Bachelor of Science in International Business from each institution.
There are no arrangements or understandings between Mr. Follmann and any other persons pursuant to which Mr. Follmann was selected as an officer of the Company. There are also no family relationships between Mr. Follmann and any director or executive officer of the Company. Mr. Follmann does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 8.01. Other Events
On February 1, 2022, the Company issued a press release announcing the promotion of Mr. Follmann to Chief Operating Officer, the promotion of Charlie Vandis to Chief Credit Officer, and the appointment of Kiersten Zaza Botelho as General Counsel and Chief Compliance Officer of the Company. The text of the press release is included as an exhibit to this Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Number | Exhibit | |
| 99.1 | Press Release dated February 1, 2022 | |
SIGNATURE
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. | ||||||
| February 1, 2022 | ||||||
| By: | /s/ Kiersten Zaza Botelho | |||||
| Kiersten Zaza Botelho | ||||||
| General Counsel and Chief Compliance Officer | ||||||