secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000950170-23-005813
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Capital Q4 2022 NII $0.62/share, up 103.8% YoY; full-year record investment income $145.5M
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- Q4 total investment income $41.5M (+75.8% YoY); NII $21.6M ($0.62/share) vs $10.6M ($0.39) in Q4 2021.
- Full-year 2022: total investment income $145.5M (+77% YoY), NII $71.6M ($2.26/share), up 83.6%.
- NAV per share fell to $13.15 from $13.74 in Q3 2022, driven by unrealized depreciation in two portfolio companies.
- Declared Q4 dividend of $0.61/share ($0.46 regular + $0.15 supplemental); NII covered regular dividend by 135%.
- Announced $150M joint venture (i40 LLC) and SEC exemptive relief to form a wholly owned RIA; repurchased 186K shares in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000095017023005813/0000950170-23-005813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000095017023005813/trin-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-005813

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