Trinity Capital Delays Part III of Annual Report Filing

Trinity Capital ( (TRIN) ) has released a notification of late filing. Its 10-K was filed on time, but Part III of the filing was delayed.

Trinity Capital Inc. has announced a delay in filing Part III of its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay was primarily due to unexpected difficulties encountered during the submission of their Proxy Statement, which was intended to be filed by the deadline on April 30, 2025. Despite these challenges, the company managed to file the Proxy Statement shortly after the deadline, with the SEC accepting it on May 1, 2025. Trinity Capital plans to file the missing Part III information of the Form 10-K as soon as possible, within the 15-day grace period allowed by the SEC. The company has indicated that there will be no significant changes in financial results compared to the previous fiscal year. The notification was signed by Sarah Stanton, the General Counsel and Chief Compliance Officer, reflecting the company’s commitment to compliance and transparency.

Spark’s Take on TRIN Stock

According to Spark, TipRanks’ AI Analyst, TRIN is a Outperform.

Trinity Capital is in a strong position with impressive income growth and strategic expansion efforts, as evidenced by its earnings call. Despite challenges in cash flow management and some technical weaknesses, the stock’s low valuation and high dividend yield offer significant appeal. The overall score reflects a positive yet cautious outlook, emphasizing the need to address cash flow sustainability.

To see Spark’s full report on TRIN stock, click here.

More about Trinity Capital

YTD Price Performance: 3.79%

Average Trading Volume: 604,379

Technical Sentiment Signal: Sell

Current Market Cap: $912.9M

For a thorough assessment of TRIN stock, go to TipRanks’ Stock Analysis page.