Trinity Capital Inc. (TRINI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 55.93% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
84M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

TRINI currently has 83.6M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 55.93% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

10-Q filing | 83.6M shares outstanding

84M 0
Nov 05, 2025

10-Q filing | 71.5M shares outstanding

71M 0
Aug 06, 2025

10-Q filing | 65.9M shares outstanding

66M 0
May 07, 2025

10-Q filing | 62.6M shares outstanding

63M 0
Feb 26, 2025

10-K filing | 56.7M shares outstanding

57M 0
Oct 30, 2024

10-Q filing | 58.4M shares outstanding

58M 0
Aug 07, 2024

10-Q filing | 54.1M shares outstanding

54M 0
Jul 19, 2024

8-K filing: Trinity Capital Inc. completed an offering of $100,000,000 aggregate principal amount of 7.875% Notes due 2029 on July 19, 2024, with net proceeds to the Company of approximately $96.83 million. ($96.83M proceeds)

51M 0
May 01, 2024

10-Q filing | 50.6M shares outstanding

51M 0
Mar 06, 2024

10-K filing | 42.7M shares outstanding

43M 0
Nov 01, 2023

10-Q filing | 43.9M shares outstanding

44M 0
Aug 08, 2023

8-K filing: Trinity Capital Inc. issued 5,190,312 shares of common stock at $14.45 per share on August 8, 2023, resulting in net proceeds of approximately $72.5 million. They also granted underwriters an option to purchase an additional 778,546 shares. ($75.0M proceeds)

36M 0
Aug 02, 2023

10-Q filing | 36.0M shares outstanding

36M 0
May 04, 2023

10-Q filing | 35.1M shares outstanding

35M 0
Mar 02, 2023

10-K filing | 35.2M shares outstanding

35M 0
Nov 03, 2022

10-Q filing | 36.5M shares outstanding

37M 0
Aug 18, 2022

8-K filing: Trinity Capital Inc. issued 3,587,736 shares of common stock at a price of $15.33 per share on August 18, 2022, resulting in net proceeds of approximately $53.2 million. The company intends to use the proceeds to repay a portion of its outstanding secured indebtedness. ($53.2M proceeds)

31M 0
Aug 04, 2022

10-Q filing | 31.4M shares outstanding

31M 0
Jul 22, 2022

8-K filing: Trinity Capital Inc. issued $50,000,000 aggregate principal amount of 7.00% Notes due 2025 and granted the underwriters an option to purchase up to an additional $7,500,000 aggregate principal amount of the Notes. ($48.0M proceeds)

N/A 0
Apr 07, 2022

8-K filing: Trinity Capital Inc. issued 2,754,840 shares of common stock at a public offering price of $18.15 per share on April 7, 2022, resulting in net proceeds of approximately $47.7 million. ($0.0M proceeds)

N/A 0
Feb 02, 2022

8-K filing: The Company disposed of 1,867,973 shares of common stock in Lucid Group, Inc. and 571,941 shares of common stock in Matterport Inc., receiving approximately $59.8 million in aggregate net proceeds and expects to recognize an aggregate net realized gain of approximately $50.8 million. ($119.6M proceeds)

N/A 0
Aug 24, 2021

8-K filing: Trinity Capital Inc. completed the issuance and sale of $125,000,000 aggregate principal amount of its 4.375% notes due 2026 on August 24, 2021, using a portion of the proceeds to pay down existing indebtedness. ($125.0M proceeds)

N/A 0
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