PHOENIX, July 19, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that it will release its second quarter 2024 financial results before market open on Wednesday, August 7, 2024. The Company will discuss its financial results on a conference call that day at 9:00 a.m. PT (12:00 p.m. ET). A live webcast of the second quarter 2024 financial results conference call will also be ...

US VC Fundraising Activity(1) $200 $180 $160 $140 $120 $100 500 500 $41 530 s TRIN site FIXED VS FLOATING DEBT INVESTMENTS(1) 1 Rising rates walloped the tech sector in 2022, which led to venture capital investors becoming much more cautious in 2023, as VC fundraising dropped 56%: TRIN site ANNUALIZED INTEREST RATE SENSITIVITY ($ in thousands, except per share data) $0.40 $20,000 $0.30 $15,000 $0.30 $10,000 $0.16 $0.20 $14,507 $0.10 $5,000 $7,555 $- s- $(5,492) $(8,771) $(5,000) $(0.10) $(0.11) $(10,000) $( ...

PHOENIX, July 18, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced certain highlights for the first half and second quarter of 2024. Trinity funded a record $474 million of investments in the first half of 2024 and originated $289 million of total new commitments in the second quarter, bringing total new commitments for the first half ended June 30, 2024, to $576 mil ...

The offering is subject to customary closing conditions and is expected to close on July 19, 2024. Trinity intends to list the Notes on the Nasdaq Global Select Market within 30 days of the issue date of the Notes under the symbol "TRINI." Investors are advised to carefully consider the investment objectives, risks and charges and expenses of Trinity before investing. The preliminary prospectus supplement dated July 16, 2024 and the accompanying prospectus dated February 7, 2024, each of which has been file ...

"Velentium brings unique capabilities to their medical device customers and is a trusted partner to help drive new product innovation," said Ryan Kaeding, Managing Director, Life Sciences at Trinity. "We believe in their team and are excited to help accelerate their growth as a one-stop shop for end-to-end medical device design, development, and contract manufacturing." About Trinity Capital Inc. Velentium is a Houston-based professional engineering firm specializing in the end-to-end design, development, m ...

PHOENIX, June 28, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth stage companies, today announced an adjustment to the conversion rate of its 6.00% Convertible Notes due 2025 (the "Convertible Notes") as a result of the Company's cash dividend of $0.51 per share, payable on July 15, 2024 to stockholders of record as of June 28, 2024. The ex-dividend date for such dividend was June 28, 2024. The Company's ...

Gravie offers self-funded health plans, called Comfort®, for small and mid-size employers. Comfort provides comprehensive coverage with no deductibles or copays on the most common healthcare services, including virtual care. Gravie aims to simplify healthcare by offering straightforward plans and providing additional benefits like interest-free payment options. "We are excited to partner with the Trinity team as we grow our business and seek to make health benefits plans work for everyone," said Charles Mar ...

PM Images My Rating History Trinity Capital's Unique Portfolio Composition, Decline In Debt Yields TOTAL PORTFOLIO BY INVESTMENT TYPE(2) Equipment Financing Equity & Warrants Loans $1,350,000 5.5% 4.2% $1,200,000 20.4% 4.2% 4.7% 4.1% 26.4% $1,050,000 21.3% 20.0% 21.9% $900,000 THOUSANDS $750,000 $600,000 74.1% $450,000 69.4% 74.5% 75.3% 74.0% $300,000 $150,000 $0 1Q23 2Q23 3Q23 4Q23 1Q24 Timity Capital owned 75.4% floating-rate debt investments in 1Q24 and had 25.8% floating-rate borrowings, which give the ...

PHOENIX, June 13, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth stage companies, today announced that on June 13, 2024, its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending June 30, 2024. This dividend is consistent with the regular dividend declared in the prior quarter and represents the 18th consecutive quarter of a consistent or increased divid ...

PHOENIX, June 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, announced today that as of June 4, 2024, it has completed the liquidation of the shares of common stock of Core Scientific (CORZ) ("Core") that it received in satisfaction of its claim in Core's Chapter 11 bankruptcy. Trinity provided $30 million in equipment financing to Core in 2021. Core entered Chapter 11 bankruptcy in De ...