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0.00137006385205337 0.00100606164781775 0.000571281237202973 0.00201717888180542 -0.000510614203163853 0.00226995819030229 0.00302829611579309 0.00334679804449919
Stock impact report

Behavox Secures $70 Million Credit Facility from Hercules Capital for Strategic Expansion

Hercules Capital, Inc. (HTGC) 
Last hercules capital, inc. earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.htgc.com
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--Behavox, a leading provider of AI-driven compliance solutions for Financial Services, announced today that it has secured a $70 million credit facility from Hercules Capital, Inc. (NYSE: HTGC), further increasing ample liquidity reserves on its balance sheet. Behavox intends to use the funds for strategic acquisitions and the building of new products to deliver more value to compliance teams globally.Today, Behavox is recognized as the leading provider of communication surveillance and regulatory archiving solutions. In response to the strong market demand, Behavox plans to expand its product portfolio in 2025, adding new solutions for Trade Surveillance, Control Room, and Sanction Screening. Strategic acquisitions, supported by the new credit facility, will help Behavox accelerate time to market and increase its distribution capabilities.“Our commitment to building a profitable business has enabled us to secure strategic capital, positioning us to acceler Show less Read more
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