secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001213900-24-057218
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Capital adjusts conversion rate for 6.00% Convertible Notes due 2025 after $0.51 dividend
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- Conversion rate adjusted to 79.2226 shares per $1,000 principal (from 78.0543).
- Conversion price lowered to $12.62 per share from $12.81 per share.
- Adjustment triggered by cash dividend of $0.51 per share exceeding the $0.30 threshold.
- Dividend payable on July 15, 2024 to holders of record as of June 28, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000121390024057218/0001213900-24-057218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000121390024057218/ea0208680-01_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-057218

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