TC

Trinity Capital

TRIN
NASDAQFinancials
$16.61
USD
+0.43(+2.63%)
At close: Apr 30, 20:00 UTC
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Open

$16.65

Prev. Close

$16.65

High

$16.65

Low

$16.60

Market Snapshot

Market Cap

$1.22B

P/E Ratio

9.0

EPS

2.18

Revenue

$237.69M

Employees

106

Why TRIN moved

Trinity Capital Inc. has pledged up to $35 million in equipment financing to Torus, facilitating the expansion of the GigaOne manufacturing facility.

About

Trinity Capital, Inc. engages in the operation of an internally managed specialty lending company. The company is headquartered in Phoenix, Arizona and currently employs 106 full-time employees. The company went IPO on 2021-01-29. The company is a specialty lending company that provides debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its investment objective is to generate current income and capital appreciation through its investments across five vertical markets. The company seeks to achieve its investment objective by making investments consisting primarily of term loans and equipment financings and working capital loans, equity and equity-related investments. Its equipment financings involve loans for general or specific use, including acquiring equipment that is secured by the equipment or other assets of the portfolio company. The company targets investments in growth-stage companies that are typically private companies, including institutional investor-based companies.

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