Hercules has busy quarter of commitments

|About: Hercules Capital, Inc. (HTGC)|By:, SA News Editor

Q2 commitments (as of today) of $198.6M include deals with eleven new and existing portfolio companies. Principal repayments were $68.1M, with about $38.7M of that unscheduled early payments.

As of today, HTGC has warrant and equity positions in five portfolio companies which have filed registrations for possible IPOs.

HTGC was punished earlier this year for taking a conservative stance amid what management thought was a frothy market, but the shares have bounced along with an apparent change of heart from company execs.

Previously: Hercules Technology portfolio shrinks less than expected in Q1