Trinity Capital Inc. Stock Price, News & Analysis

Trinity Capital (NASDAQ: TRIN) has received conditional approval from the U.S. Small Business Administration (SBA) to submit an application for a Small Business Investment Company (SBIC) license. The company's predecessor entities have previously deployed $734 million through two SBIC funds.

If approved, Trinity Capital could access up to $175 million in SBA-guaranteed debentures, expanding its third-party capital management capabilities through its Registered Investment Advisor subsidiary. The Green Light letter allows TRIN to proceed with the formal SBIC license application, though final approval is not guaranteed.

Trinity Capital (NASDAQ: TRIN), a leading alternative asset manager, reported significant investment activity in Q2 2025. The company originated $519 million in new commitments during the quarter, contributing to total first-half 2025 commitments of $705 million.

In Q2 2025, Trinity funded $365 million in investments, including $296 million in secured loans, $68 million in equipment financings, and $1 million in warrant and equity investments. The company funded 14 new portfolio companies with $292 million and provided $73 million to existing portfolio companies. Investment repayments and exits totaled $196 million for the quarter.

Trinity Capital (NASDAQ: TRIN) has committed $35 million in growth capital to INSHUR, a leading provider of insurance solutions for the on-demand economy. INSHUR, which has achieved a milestone of over 1 million policies sold in the U.K., specializes in commercial insurance for mobility drivers, fleet operators, and delivery platforms.

The company has demonstrated strong performance with a >50% CAGR since 2023. The funding will support INSHUR's U.S. expansion, advance AI technologies for underwriting and real-time pricing, develop solutions for autonomous vehicles, and expand partnerships in the on-demand service sector.

Trinity Capital Inc. (Nasdaq: TRIN), an alternative asset manager, has scheduled its second quarter 2025 financial results announcement for August 6, 2025, at 8:00 a.m. ET. The company will host a conference call at 12:00 p.m. ET the same day to discuss the results.

Investors can access the call by dialing (800) 267-6316 (US) or (203) 518-9783 (International) with Conference ID: TRINQ225. A replay will be available until August 13, 2025, via (800) 757-4761 or (402) 220-7215. Additionally, a live webcast will be available on Trinity Capital's investor relations website, with the replay accessible for 90 days.

AST SpaceMobile (NASDAQ: ASTS), the pioneer in space-based cellular broadband networks, has secured a $100.0 million equipment financing facility led by Trinity Capital Inc. This non-dilutive financing extends through 2031 and includes $25.0 million drawn at closing against previously purchased equipment.

The financing aims to support AST SpaceMobile's accelerated manufacturing and network deployment goals for 2025-2026. The company's robust funding strategy includes a successful convertible note issuance in January 2025, retirement of approximately half of these notes following a 100% share price increase, and strategic use of the At-the-Market facility. The company ended Q2 with over $900.0 million in cash, cash equivalents, and restricted cash.

Trinity Capital (NASDAQ: TRIN) has priced an upsized public offering of $125.0 million in 6.75% notes due 2030. The notes will mature on July 3, 2030, and carry a 6.75% annual interest rate, payable semiannually starting January 3, 2026.

The unsecured notes include a redemption option at par plus a "make whole" premium. The company plans to use the proceeds to reduce existing debt under its KeyBank Credit Facility. The offering is expected to close on July 3, 2025.

Trinity Capital (TRIN) has committed $15 million in growth capital to K2view, an enterprise data management company specializing in AI data infrastructure. K2view's Data Product Platform helps Fortune 1000 enterprises unify fragmented data across systems for various operational uses, including data integration, cloud migration, and enterprise data for agentic AI. The funding will support K2view's product innovation and market expansion initiatives, particularly in developing infrastructure for generative and agentic AI applications. The company, founded in 2009, serves major brands across financial services, telecom, healthcare, and retail sectors, with a focus on delivering secure, real-time data products at scale.

Trinity Capital (TRIN) has declared a quarterly cash dividend of $0.51 per share for Q2 2025, maintaining the same level as Q1 2025. The dividend will be paid on July 15, 2025, to shareholders of record as of June 30, 2025. This marks the company's 22nd consecutive quarter of maintaining or increasing its dividend payments, demonstrating consistent shareholder returns. Trinity Capital aims to distribute 90-100% of its taxable quarterly income through four quarterly dividends to maintain its regulated investment company tax status. The company may also pay supplemental dividends to distribute annual taxable income in the year earned or carry excess income forward for future payments.

Trinity Capital Inc. (Nasdaq: TRIN) has committed $40 million in growth capital to Paytient, a healthcare payments company serving over 23 million members and partnering with nearly 7,000 employers, insurers, and providers. Paytient's platform enables employers and insurers to improve healthcare accessibility by allowing members to manage out-of-pocket costs over time without interest or fees. The funding will support Paytient's expansion into large group employer-sponsored plans, alternative health plans, the ACA marketplace, and Medicare. The company's solution is becoming a standard affordability benefit in health plan designs, helping members choose lower-premium plans while ensuring healthcare expenses remain manageable.