Hercules Technology Expects Gross Proceeds Of $62.5M From Public Offering

Hercules Technology Growth Capital Inc.’s public offering of 6.25 million common shares was priced at $10 each. This represents gross proceeds of $62.5 million for the Palo Alto, Calif.-based specialty finance company. The offering’s underwriters have an over-allotment option to purchase up to 937,500 more shares. The offering is expected to close on Nov.