secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000950170-24-050905
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 Q1 2024: record NII $25.2M, total investment income $50.5M, NAV $12.88
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- Record NII of $25.2M ($0.54/sh), up 30.1% YoY; total investment income $50.5M, up 21.5% YoY.
- NAV $626.3M ($12.88/sh) vs $611.2M ($13.19/sh) at Dec 31, 2023; $0.51/sh dividend, 2% QoQ increase (13th consecutive).
- Total gross investments funded $242.7M; debt repayments $148.5M incl $43.4M early; leverage 118% (vs 106% prior Q).
- Net increase in net assets from operations $14.5M ($0.31/sh) vs $22.5M ($0.64/sh) in Q1 2023, due to $12.0M net unrealized depreciation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000095017024050905/0000950170-24-050905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000095017024050905/trin-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-050905

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