Trinity Capital Inc. (TRIN) Announces Proposed 7.547M Share IPO Between $13.50-$15.50/Sh

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Trinity Capital Inc. Announces Proposed Initial Public Offering

January 21, 2021 7:08 AM EST

PHOENIX, Jan. 21, 2021 /PRNewswire/ -- Trinity Capital Inc. ("Trinity"), an internally managed business development company, today announced that it has commenced an initial public offering of 7,546,619 shares of its common stock, consisting of 6,900,000 shares by Trinity and 646,619 shares by certain selling stockholders. The estimated price range for the offering is $13.50 to $15.50 per share of common stock. Trinity is expected to list its common stock on the Nasdaq Global Select Market under the symbol "TRIN." The underwriters are expected to have an option to purchase up to an additional 1,132,000 shares of common stock. The completion of the proposed... More