secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001213900-23-064575
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Capital raises ~$72.5M in common stock offering; proceeds to repay KeyBank credit facility
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- Issued 5,190,312 shares of common stock at $14.45 per share, netting ~$72.5M after discounts and expenses.
- Underwriters granted 30-day option to purchase up to 778,546 additional shares.
- Net proceeds of ~$72.5M will be used to repay a portion of the secured revolving credit facility with KeyBank.
- Executives and directors subject to 60-day lock-up on selling company securities.
- Underwriting agreement involves UBS, Morgan Stanley, KBW, RBC, and Wells Fargo as representatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000121390023064575/0001213900-23-064575-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000121390023064575/ea159542_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-064575

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