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Hercules CAPITAL Ⓡ Record Q3 Total Gross Debt and Equity Commitments of $ 719.6 Million Record Q3 Total Gross Fundings of $ 431.1 Million Record Year - to - Date Total Gross Debt and Equity Commitments of $ 1.69 Billion Record Year - to - Date Total Gross Fundings of $ 1.07 Billion Record Undistributed Earnings Spillover of $ 181.7 Million , or $ 1.57 ( ¹ ) per Ending Shares Outstanding ● Hercules Capital Reports Third Quarter 2021 Financial Results ● Q3 2021 Financial Achievements and Highlights Net Investment Income " NII " of $ 38.1 million , or $ 0.33 per share ● Total Investment Income of $ 70.2 million Record total gross new debt and equity commitments of $ 719.6 million Increased the Company's Quarterly Base Cash Distribution to $ 0.33 per Share Closed Public Offering of $ 325.0 Million 2.625 % Notes due 2026 Record net Hercules ' debt and equity commitments of $ 619.9 million ( ² ) Record total gross fundings of $ 431.1 million Record net Hercules ' fundings of $ 371.5 million ( 2 ) Unscheduled early principal repayments or " early loan repayments ” of $ 318.9 million $ 818.4 million of available liquidity , subject to existing terms and covenants 12.0 % Return on Average Equity " ROAE " ( NII / Average Equity ) 5.7 % Return on Average Assets " ROAA ” ( NII / Average Assets ) GAAP leverage of 106.4 % and regulatory leverage of 101.6 % ( ³ ) Net Asset Value " NAV " of $ 11.54 , a slight decrease of 1.5 % from Q2 2021 12.7 % GAAP Effective Yield and 11.4 % Core Yield ( 4 ) , a non - GAAP measure 1