HTGC got a counter proposal from TCW, appears to be way, way better for shareholders - read some of the comments for more details:
Special meeting for the vote postponed as management tries to sort things out, shareholder outrage forced this:
Under pressure from none-too-pleased shareholders and an alternative proposal, the current Hercules Capital (NASDAQ:HTGC) internal management team has indefinitely postponed its bid to externalize management.
The company intends to hire an independent advisor to consider all available options with regard to management structure.