Hercules Capital Inc

NYSE:HTGC   2:54:12 PM EDT
11.25
-0.28 (-2.43%)
Debt Financing / Related

Geron Secures Loan Facility For Up To $75 Million

Published: 10/01/2020 20:58 GMT
Hercules Capital Inc (HTGC) - Geron Secures Loan Facility for Up to $75 Million.
Geron Corp - Entered Into a Loan Facility for Up to $75 Million With Hercules Capital, Inc.geron Corp - Received $25 Million As Part of First Tranche at Closing, With Remaining $10 Million Available Through June 15, 2021.
Geron Corp - Remaining $10 Million of First Tranche Available Through June 15, 2021.
Geron Corp - Second Tranche of an Additional $15 Million is Available to Co in 2021.
Geron Corp - Remaining $25 Million in Third Tranche is Available to Co Through Year-end 2022.