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Trinity Capital Inc. Prices Initial Public Offering

/PRNewswire/ -- Trinity Capital Inc. ("Trinity"), an internally managed business development company, today announced that it priced its initial public...

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Trinity Capital Inc. Announces Proposed Initial Public Offering

/PRNewswire/ -- Trinity Capital Inc. ("Trinity"), an internally managed business development company, today announced that it has commenced an initial public...

New-york , United-states , Phoenix , Arizona , Janney-montgomery-scott , Bruyette-woods-inc , Trinity-capital-inc , Equity-syndicate-department , Ladenburg-thalmann , A-stifel-company , Investment-company , Investment-bank

Trinity Capital Inc. Declares Cash Dividend of $0.27 per Share for the Fourth Quarter of 2020


January 15, 2021
The Company's objective is to distribute four quarterly distributions in an amount that approximates 90% to 100% of its taxable quarterly income or potential annual income for a particular year in order to qualify for tax treatment as a regulated investment company under the Internal Revenue Code of 1986. In addition, during any particular year, the Company may pay additional supplemental distributions, so that the Company distributes approximately all its annual taxable income in the year it was earned, or it may spill over the excess taxable income into the coming year for future distribution payments.
Distributions are paid from taxable earnings and may include a return of capital and/or capital gains.  The specific tax characteristics of the distributions will be reported to stockholders on Form 1099-DIV after the end of the calendar year and in the Company's periodic reports filed with the Securities and Exchange Commission.

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Tempus Raised $200M, Blueprint Got $3.4M, and More Chicago Tech News


Photo: Tempus
Chicago’s most valuable startup landed a massive new funding round and minority students got new laptops for school. Read on to find out what else happened last week in Chicago tech. This is the Built In Chicago weekly refresh.
Tempus raised $200M. After a G-2 investment led by Google, the healthtech company will expand operations to help doctors find more ways to treat infectious diseases, depression and heart diseases. Tempus has approximately 150 open positions for roles across the company including software engineering and marketing. To date, Tempus has attained a valuation of more than $8 billion. [Built In Chicago]

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Trinity Capital Inc. Closes Investment Grade Convertible Notes Offering Due 2025 Totaling $50.0 Million

Trinity Capital Inc. Closes Investment Grade Convertible Notes Offering Due 2025 Totaling $50.0 Million
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