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Trinity Capital Inc. Commits $35 Million in Equipment Financing to ApiJect
Prnewswire· 2024-08-27 12:30
PHOENIX, Aug. 27, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $35 million in equipment financing to ApiJect Systems, Corp ("ApiJect"), a public-benefit medical technology company focused on prefilled, single-dose injection devices. Based in Stamford, CT, ApiJect works with pharmaceutical companies to design rapidly scalable, cost-efficient drug delivery systems, and ...
Trinity Capital (TRIN) - 2024 Q2 - Earnings Call Transcript
2024-08-07 19:00
Trinity Capital Inc. (NASDAQ:TRIN) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Ben Malcolmson - Head, Investor Relations Kyle Brown - Chief Executive Officer Michael Testa - Chief Financial Officer Gerry Harder - Chief Operating Officer Ron Kundich - Chief Credit Officer Sarah Stanton - Chief Compliance Officer & General Counsel Conference Call Participants Doug Harter - UBS Christopher Nolan – Ladenburg Thalmann Bryce Rowe - B. Riley Operator Good afternoon. My name is ...
Trinity Capital (TRIN) - 2024 Q2 - Earnings Call Presentation
2024-08-07 16:01
FUELING DISRUPTIVE TECHNOLOGIES. REVOLUTIONIZING THE FUTURE. T R I N I T Y > Second Quarter 2024 Investor Presentation FORWARD-LOOKING STATEMENTS | DISCLAIMER Trinity Capital Inc. (the "Company") cautions that this presentation may contain forward-looking statements that are based on current expectations and assumptions about future events, and which are not based in historical fact. The forward-looking statements in this presentation are based on current conditions as of the date of this presentation, and ...
Trinity Capital (TRIN) Lags Q2 Earnings Estimates
ZACKS· 2024-08-07 14:20
Trinity Capital (TRIN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.77%. A quarter ago, it was expected that this business development company would post earnings of $0.55 per share when it actually produced earnings of $0.52, delivering a surprise of -5.45%. Over the last four ...
Trinity Capital Inc. Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-07 12:05
Platform AUM grows to $1.7 billion, a 36% increase year-over-year NII hits a record of $26.7 million, or $0.53 per share Return on average equity climbs to 16.3% PHOENIX, Aug. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Record total investment income of $54.6 million, ...
Trinity Capital (TRIN) - 2024 Q2 - Quarterly Report
2024-08-07 12:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39958 TRINITY CAPITAL INC. (Exact name of registrant as specified in its charter) Maryland 35-2670395 (State or other jurisdiction of incorporat ...
Trinity Capital (TRIN) - 2024 Q2 - Quarterly Results
2024-08-07 12:00
Exhibit 99.1 Trinity Capital Inc. Reports Second Quarter 2024 Financial Results Platform AUM grows to $1.7 billion, a 36% increase year-over-year NII hits a record of $26.7 million, or $0.53 per share Return on average equity climbs to 16.3% PHOENIX, August 7, 2024 – Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the second quarter ended June 30, 2024. Second Quart ...
Trinity Capital Inc. Expands its Credit Facility with KeyBank
Prnewswire· 2024-08-05 12:05
Credit facility can accordion to $690 million Maturity Date Extended to July 2029 PHOENIX, Aug. 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital," "Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that it has amended its credit facility led by KeyBank N.A. ("KeyBank"). The amendment expands the original credit facility from $350 million to $440 million in commitments and includes an accordion feature, pu ...
Trinity Capital Inc. Launches New Strategic Partnership
Prnewswire· 2024-07-23 12:00
PHOENIX, Ariz. and GREENWICH, Conn., July 23, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of financing solutions to growth-stage companies, today announced that it has launched a new vehicle in partnership with Eagle Point Credit Management LLC ("Eagle Point Credit"). Trinity's wholly owned registered investment adviser will be an adviser to the new vehicle, thereby bolstering the Company's sources of capital for lending and generating noncapital ...
Trinity Capital Inc. Expands Life Sciences Operations with Appointment of Joshua Ruben as Managing Director
Prnewswire· 2024-07-22 11:30
PHOENIX, July 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the appointment of Josh Ruben as Managing Director of Life Sciences. Mr. Ruben, an established leader with over a decade of experience in investment banking, has a long track record of supporting life science companies with over $50 billion of transactions completed across M&A and capital raises. He is bas ...