Trinity Capital Inc. Stock Price, News & Analysis

Paytient, a healthcare payments company, has secured $40 million in funding from Trinity Capital (TRIN) to accelerate its market expansion. The company enables employers and insurers to provide interest-free healthcare payment solutions, serving over 23 million members and partnering with nearly 7,000 employers, insurers, and providers. Paytient is the leading provider of Medicare Prescription Payment Plan solutions, powering 40% of the Part D marketplace. The company has expanded its ACA marketplace presence to 13 states and plans nationwide expansion in 2026 through a major national insurer partnership. The funding will support growth in large group employer-sponsored plans, alternative health plans, ACA marketplace, and Medicare, as cost-smoothing becomes a standard component of health plan benefits.

Trinity Capital (Nasdaq: TRIN) has committed $62.7 million in growth capital to Atmosphere TV, a business-focused streaming platform. Atmosphere TV offers over 30 original and partner TV channels specializing in sports, news, and entertainment content designed for high-traffic venues like restaurants, bars, gyms, and airports.

The platform's unique features include audio-optional streaming content and the ability for businesses to customize programming and run their own promotions. Founded in 2015 by John and Leo Resig, Atmosphere TV has established itself as a category leader in media and entertainment, leveraging proprietary content delivery technology to enhance customer experience in commercial settings.

Trinity Capital (Nasdaq: TRIN) has committed $15 million in growth capital to Lendflow, an Austin-based software development company specializing in embedded credit infrastructure. Lendflow provides low-code solutions that enable fintechs, lenders, and SaaS companies to integrate lending experiences into their platforms.

The capital will be used to expand key product initiatives and enhance Lendflow's AI-driven data intelligence and automation platform. The company's proprietary operating system streamlines customer acquisition through credit decisioning and underwriting, helping lenders scale their operations efficiently.

Trinity Capital (TRIN) reported strong Q1 2025 financial results with total investment income growing 29.5% year-over-year to $65.4 million. The company achieved net investment income of $32.4 million ($0.52 per share) and a net asset value of $833.4 million ($13.05 per share). During the quarter, Trinity made total gross investments of $220.4 million, including $94.8 million in six new portfolio companies and $125.6 million in existing ones. The company maintained strong portfolio quality with only 0.9% of debt investments on non-accrual status. Trinity's debt portfolio consists of 77.9% first-lien loans and achieved a 15.3% effective yield. The company declared its 21st consecutive regular dividend of $0.51 per share and ended the quarter with $216.4 million in available liquidity.

Trinity Capital (NASDAQ: TRIN) has received a new investment grade long-term issuer rating of Baa3 with a stable outlook from Moody's Investors Services. The rating agency highlighted Trinity's investment expertise, growing performance record, low reliance on secured funding, and strong capitalization and liquidity as key factors. Moody's also acknowledged Trinity's expanded scale and diversification through new business verticals in life sciences, sponsor finance, and asset-based lending, complementing its core technology lending and equipment finance operations.

According to CFO Michael Testa, this rating validation is expected to enable Trinity to access capital at more favorable rates and from a broader investor base.

Trinity Capital Inc. (Nasdaq: TRIN) has reported significant investment activity for Q1 2025, with $220 million in total investments funded. The funding breakdown includes:

• $148 million in secured loans
• $71 million in equipment financings
• $1 million in warrant and equity investments

The company originated $186 million in new commitments, distributing $95 million to six new portfolio companies and $125 million to 19 existing portfolio companies. Portfolio repayments and exits totaled $157 million, comprising $78 million from scheduled debt payments, $44 million from early repayments, and $35 million from sold investments. Complete Q1 2025 financial results will be released on May 7, 2025.

Trinity Capital Inc. (TRIN) has scheduled its first quarter 2025 financial results announcement for May 7, 2025 at 8:00 a.m. ET. The company will host a conference call at 12:00 p.m. ET on the same day to discuss the results.

Investors can access the call by dialing (800) 267-6316 domestically or (203) 518-9783 internationally, using Conference ID: TRINQ125. A taped replay will be available until May 14, 2025, accessible at (800) 839-4197 or (402) 220-2987. Additionally, a live webcast will be available on the company's Investor Relations website, with the replay remaining accessible for 90 days following the call.

Trinity Capital Inc. (NASDAQ: TRIN) has committed up to $68.75 million in growth capital to CMR Surgical, as part of the company's recent $200+ million financing round. CMR Surgical, based in Cambridge, UK, develops the Versius Surgical Robotic System, a soft-tissue surgical robot recently granted FDA marketing authorization for Cholecystectomy procedures in the United States.

The funding will support CMR Surgical's operational scaling and commercial expansion globally, with a particular focus on the U.S. market launch. The company aims to make robotic minimal access surgery more accessible and affordable for hospitals and surgical teams worldwide.

Trinity Capital (Nasdaq: TRIN) has declared a quarterly cash dividend of $0.51 per share for Q1 2025, maintaining the same level as Q4 2024. This marks the company's 21st consecutive quarter of consistent or increased dividend payments to shareholders.

The company aims to distribute quarterly dividends totaling 90% to 100% of its taxable quarterly income to maintain its regulated investment company tax status. Trinity may also pay supplemental dividends to distribute approximately all annual taxable income in the year earned, or carry over excess taxable income for future dividend payments.