secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021866
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Capital Q3 NII $0.56/share (+67.6% YoY); NAV falls to $13.74; dividend raised to $0.60
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- Total investment income $38.7M up 77.5% YoY; NII $18.6M ($0.56/share) up 67.6%.
- NAV per share decreased to $13.74 from $14.62 on June 30 due to $30M unrealized depreciation and fair value adjustments on two portfolio companies.
- Declared Q3 dividend of $0.60/share ($0.45 regular + $0.15 supplemental); regular dividend increased 7.1% from Q2.
- Net decrease in net assets from operations of $12.0M ($0.36 loss per share) despite strong NII.
- Portfolio fair value $1.04B across 112 companies; leverage 118% vs 130% at Q2; $246.6M liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000095017022021866/0000950170-22-021866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000095017022021866/trin-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021866

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer