Hercules Technology Growth Capital negotiates public offering of stock

Deal offers 5 million shares with greenshoe option of 750,000 shares

By Devika Patel

Knoxville, Tenn., Jan. 19 - Hercules Technology Growth Capital, Inc. said it plans to price a public sale of stock with a greenshoe.

The company will sell 5 million common shares with 750,000 additional shares allotted for the greenshoe.

Citigroup is the sole bookrunning manager.

Palo Alto, Calif.-based Hercules Technology is a specialty finance company focused on technology and life science companies.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.