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Hercules Technology Growth Capital, Inc. (NYSE: HTGC) is down 3 percent early after the company announced that it has priced its public offering of 7,000,000 shares of its common stock. Hercules has also granted the underwriters an option to purchase up to 1,050,000 additional shares of common stock.
Citigroup and Wells Fargo Securities are acting as joint book-running managers in this offering. Aegis Capital Corp, BB&T Capital Markets, a division of BB&T Securities, LLC, Maxim Group LLC and National Securities Corporation are acting as co-managers in this offering.
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