secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0000950170-25-027340
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 NII $0.58/sh, ROAE 17.4%; FY24 NII $2.20/sh, total investment income up 31% YoY
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- Q4 total investment income $70.8M (+48.1% YoY); NII $34.6M ($0.58/sh), a quarterly record.
- Full year 2024 NII $115.8M ($2.20/sh); total investment income $237.7M (+30.7% YoY).
- Net asset value $823.0M ($13.35/sh); debt-to-equity decreased to 108% from 122% QoQ.
- Gross investments funded $1.2B in FY24 (+91.6% YoY); Q4 dividend $0.51/sh, 20th consecutive quarter of steady/increased dividend.
- Undistributed earnings spillover $66.8M ($1.08/sh); convertible notes settled for $66.2M cash; ATM raised $17.2M in early 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000095017025027340/0000950170-25-027340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000095017025027340/trin-20250226.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-027340

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