Trinity Capital adjusts convertible note conversion rate to 75.9145 shares/$1,000; price to $13.17

Trinity Capital Inc.

Conversion rate increased from 74.6205 to 75.9145 shares per $1,000 principal due to cash dividend.
Conversion price adjusted from $13.40 to $13.17 per share effective Sept 29, 2023.
Dividend of $0.54/share ($0.49 regular + $0.05 supplemental) with ex-dividend Sept 28, payable Oct 13.
Adjustment triggered because dividend exceeded $0.30/share threshold in the indenture.
Holder and trustee notification to follow per terms of second supplemental indenture.

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