Hercules Capital to engage financial adviser to consider "all available options"

Hercules Capital, a specialty finance company, said May 15 that it plans to engage an independent financial adviser to consider “all available options” in regards to the company’s investment management structure. It did not disclose what those options were. Hercules, of Palo Alto, California, provides senior secured venture growth loans to venture-backed companies in technology, life sciences and sustainable and renewable technology industries. Hercules has a $1 billion market cap.

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