Hercules Capital Business Update and Response to the Closure of Silicon Valley Bank – Medical Marijuana Program Connection

PALO ALTO, Calif.–(BUSINESS WIRE)–The team at Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”) is working collectively with our employees, stockholders, stakeholders, bondholders, rating agencies, portfolio companies, and our portfolio companies’ venture capital and private equity sponsors to navigate the challenges created by the FDIC’s decision to place Silicon Valley Bank (“SVB”) under receivership. We are vigilantly monitoring this evolving situation and are fully committ

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