Hercules Capital Announces the Appointment of Wade Loo to Its Board of Directors
June 25 2021 - 1:23PM
Business Wire
Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the
“Company”), the largest and leading specialty financing provider to
innovative venture, growth and established stage companies backed
by some of the leading and top-tier venture capital and select
private equity firms, today announced that effective July 1, 2021,
Wade Loo was appointed to the Hercules board of directors. Mr. Loo
brings over 40 years of business experience in all aspects of
financial reporting serving public companies – from emerging
startups going public to large-cap multinationals.
Mr. Loo will serve on the Audit Committee.
“Wade provides relevant financial business expertise that
complements our leading venture lending franchise and further
strengthens our highly diversified board,” said Scott Bluestein,
chief executive officer and chief investment officer of Hercules.
“With Wade’s appointment, we add a wealth of financial business and
corporate development experience and look forward to his
contribution as we continue to expand our business platform.”
Mr. Loo is a retired audit partner of KPMG. He has more than 40
years of business experience in finance, audit and strategy,
business transformation and corporate development, both
domestically and internationally. His clients ranged from financial
services companies to energy companies to technology companies in
both hardware and software.
Mr. Loo currently serves as the Chair of the Board and past
Audit Committee Chair for the Silicon Valley Community Foundation
Company. He also has served as Chair of the Board at JobTrain, a
non-profit providing professional services and education in the
Silicon Valley, and Audit Committee Chair at both Guidance Software
and Kofax.
Mr. Loo received his Bachelor of Science in Accounting from the
University of Denver, Daniels College of Business.
Boardspan Inc. advised Hercules Capital in his appointment.
About Hercules Capital, Inc.
Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest
specialty finance company focused on providing senior secured
venture growth loans to high-growth, innovative venture
capital-backed companies in a broad variety of technology, life
sciences and sustainable and renewable technology industries. Since
inception (December 2003), Hercules has committed more than $11.6
billion to over 530 companies and is the lender of choice for
entrepreneurs and venture capital firms seeking growth capital
financing. Companies interested in learning more about financing
opportunities should contact info@htgc.com, or call
650.289.3060.
Hercules’ common stock trades on the New York Stock Exchange
(NYSE) under ticker symbol HTGC. In addition, Hercules has one
retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210625005435/en/
Michael Hara Investor Relations and Corporate Communications
Hercules Capital, Inc. 650-433-5578 mhara@htgc.com
Hercules Capital (NYSE:HTGC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hercules Capital (NYSE:HTGC)
Historical Stock Chart
From Jul 2023 to Jul 2024