Hercules’ Highly Asset Sensitive Debt Investment Portfolio to Generate Additional $0.04 of Net Investment Income Earnings Annually(2) from the Recent Increase in the Federal Reserve Benchmark Interest Rate

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the leading specialty finance company to innovative, venture growth, pre-IPO and M&A stage companies backed by leading venture capital firms, today announced the estimated accretive impact to its debt investment portfolio attributed to the Federal Reserve - Federal Open Market Committee’s (“FOMC”) increase in the federal funds rate by 25 basis points, or 0.25%.