Hercules Capital, Inc. (NYSE: HTGC) Investor Alert: Deadline in Lawsuit on May 19, 2026

A deadline is coming up on May 19, 2026 in the lawsuit filed for certain investors of Hercules Capital, Inc. (NYSE: HTGC) over alleged securities laws violations by Hercules Capital, Inc.

Investors who purchased shares of Hercules Capital, Inc. (NYSE: HTGC) have certain options and there are strict and short deadlines running. Deadline: May 19, 2026. Hercules Capital, Inc. (NYSE: HTGC) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

San Mateo, CA based Hercules Capital, Inc. is a business development company. The firm specializing in providing private equity, venture debt, and growth capital to privately held venture capital-backed companies at all stages of development from mid venture to expansion stage including select publicly listed companies and select special opportunity companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. Hercules Capital, Inc. (NYSE: HTGC) reported that its annual Total Revenue rose from $353 million in 2024 to $438.51 million in 2025, and that its Net Income rose from $262.96 million in 2024 to $339.73 million in 2025.

On February 27, 2026, Hunterbrook Media published a report stating that, "according to a former Hercules analyst who worked on deal sourcing" the Company's process for deal sourcing essentially amounted to "[g]o[ing] on the website for Google Ventures and just see what they invest in and just copy it." The report stated, according to a former employee, deal sourcing managers "don't want anything else," and essentially just rely on other investors to have done due diligence, instead of doing their own.

The report continued, revealing that, "once Hercules makes the loans, the valuation process itself may warrant scrutiny," as "[a] former member of Hercules' finance team described a small, overstretched team with few checks in place." The report revealed the valuations team "consisted of just four people in a single reporting line responsible for dozens of companies," with "few checks or cross-team review."

The report also alleged that Hercules Capital underrepresents its significant software debt exposure in part, by "assign[ing] certain businesses that describe themselves as software companies to categories outside of software." The report also cast doubt on to the Company's book value, which marks its software debt "at 100 cents on the dollar" despite "billions worth of [software] debt across the industry falling into distressed territory."

Shares of Hercules Capital, Inc. (NYSE: HTGC) declined from $19.67 per share on August 11, 2025, to as low as $14.00 per share on March 12, 2026.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Hercules Capital, Inc. (NYSE: HTGC) common shares between May 1, 2025 and February 27, 2026, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 1, 2025 and February 27, 2026, the defendants failed to disclose to investors that the Company overstated the due diligence with which it conducted its deal sourcing and/or loan origination process, that the Company overstated the due diligence with which it conducted its portfolio valuation process, that the Company reported misclassified portfolio investments, that as a result of the foregoing, the Company overstated and/or misrepresented its portfolio valuations, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Hercules Capital, Inc. (NYSE: HTGC) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.