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 ...

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 ...

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 ...

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 ...