---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-069376"
form_type: "8-K"
ticker: "TRIN"
cik: "0001786108"
company_name: "Trinity Capital Inc."
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:19:30.754571+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Trinity Capital exits Core Scientific equity position, realizes 17.7% IRR on $30M financing

## Summary
- Trinity received 5,640,373 Core Scientific shares in satisfaction of $28.3M bankruptcy claim.
- Shares sold at weighted avg price of $5.13/share, generating $29.0M in proceeds.
- 17.7% internal rate of return on original $30M equipment financing provided in 2021.
- Core Scientific entered Chapter 11 in Dec 2022 and exited bankruptcy in Jan 2024.

## SEC filing metadata
- accession: 0000950170-24-069376
- form_type: 8-K
- ticker: TRIN
- cik: 0001786108
- company_name: Trinity Capital Inc.
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786108/000095017024069376/0000950170-24-069376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786108/000095017024069376/trin-20240605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-069376
- JSON: https://secwatch.observer/filing/0000950170-24-069376.json
- Plain text: https://secwatch.observer/filing/0000950170-24-069376.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.