Corporate ActionMay 7, 2026, 04:43 PM
Trinity Capital to Sell Up to $300M Common Stock via ATM Offering
AI Summary
Trinity Capital Inc. has entered into open market sale agreements with Jefferies LLC, B. Riley Securities, Inc., Keefe, Bruyette & Woods, Inc., and Compass Point Research & Trading, LLC. These agreements allow the company to issue and sell up to $300 million of its common stock through an "at-the-market" offering. The net proceeds are intended to be used for making investments in line with its strategy and for general corporate purposes, with sales agents receiving up to a 2.00% commission.
Key Highlights
- Trinity Capital entered into open market sale agreements with four sales agents.
- The company may issue and sell up to $300,000,000 of common stock.
- Net proceeds will be used for investments and general corporate purposes.
- Sales agents will receive a commission of up to 2.00% of the gross sales price.
- The offering is made under an automatic shelf registration statement (File No. 333-289495).