Trinity Capital Inc. 8-K

What Happened
Trinity Capital Inc. (TRIN) announced on May 7, 2026 that it entered into open market sale agreements with Jefferies LLC, B. Riley Securities, Inc., Keefe, Bruyette & Woods, Inc. (KBW), and Compass Point Research & Trading, LLC to conduct an “at-the-market” equity offering. Under these agreements the company may, but is not required to, sell up to $300,000,000 in aggregate offering price of its common stock. Sales will be made under the Company’s Form N-2 shelf registration and the prospectus supplement dated May 7, 2026. Each sales agent may receive up to a 2.00% commission on gross sales; proceeds are intended for investments consistent with Trinity’s strategy and general corporate purposes.

Key Details

• Amount: up to $300,000,000 aggregate offering price of common stock.
• Date: agreements entered and prospectus supplement filed May 7, 2026.
• Sales agents: Jefferies, B. Riley, KBW, and Compass Point.
• Fees: up to 2.00% commission to each sales agent; company may sell shares from time to time, but has no obligation to do so.

Why It Matters
An at-the-market (ATM) program gives Trinity flexible access to equity capital when market conditions are favorable, without a firm commitment to sell shares. For investors, this creates potential dilution if and when shares are sold, and the company’s cash position and ability to make new investments may be strengthened when proceeds are raised. The timing, amount and pricing of any share sales will depend on market conditions and management decisions; additional details are available in the May 7, 2026 prospectus supplement and the attached sales agreements.