Hercules Capital, Inc. Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity and Distributions (Tables)

9 Months Ended

Sep. 30, 2023

The Company issued and sold the following shares of common stock during the nine months ended September 30, 2023 and 2022:


(in millions, except per share data)
Nine Months Ended September 30,	Number of Shares Issued	Gross Proceeds		Underwriting Fees/Offering Expenses		Net Proceeds		Average Price/Share
2022	11.8	$	192.1	$	2.1	$	190.0	$	16.1
2023	16.2	$	243.6	$	5.3	$	238.3	$	14.7

The following table summarizes the Company’s distributions declared during the nine months ended September 30, 2023 and year ended December 31, 2022:


(in thousands, except per share data)
Distribution Type	Declared Date	Record Date	Payment Date	Per Share Amount		Total Amount
Base	February 16, 2022	March 9, 2022	March 16, 2022	$	0.33	$	39,794
Supplemental	February 16, 2022	March 9, 2022	March 16, 2022	$	0.15	$	18,088
Base	April 27, 2022	May 17, 2022	May 24, 2022	$	0.33	$	41,245
Supplemental	April 27, 2022	May 17, 2022	May 24, 2022	$	0.15	$	18,748
Base	July 20, 2022	August 9, 2022	August 16, 2022	$	0.35	$	44,765
Supplemental	July 20, 2022	August 9, 2022	August 16, 2022	$	0.15	$	19,185
Base	October 13, 2022	November 10, 2022	November 17, 2022	$	0.36	$	47,472
Supplemental	October 13, 2022	November 10, 2022	November 17, 2022	$	0.15	$	19,780
Total distributions declared during the year ended December 31, 2022				$	1.97	$	249,077
Base	February 9, 2023	March 2, 2023	March 9, 2023	$	0.39	$	53,749
Supplemental	February 9, 2023	March 2, 2023	March 9, 2023	$	0.08	$	11,025
Base	April 27, 2023	May 16, 2023	May 23, 2023	$	0.39	$	55,910
Supplemental	April 27, 2023	May 16, 2023	May 23, 2023	$	0.08	$	11,469
Base	July 28, 2023	August 18, 2023	August 25, 2023	$	0.40	$	60,445
Supplemental	July 28, 2023	August 18, 2023	August 25, 2023	$	0.08	$	12,089
Total distributions declared during the nine months ended September 30, 2023				$	1.42	$	204,687