Trinity Biotech (TRIB) terminates Yorkville standby equity purchase agreement
Rhea-AI Filing Summary
Trinity Biotech plc has terminated its Standby Equity Purchase Agreement with YA II PN, LTD., an affiliate of Yorkville Advisors Global. This agreement had provided an equity line of credit facility. The company states it no longer intends to use the facility, and that ending it reflects its current financing strategy.
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Insights
Trinity Biotech ends an equity line facility as part of a shift in financing strategy.
Trinity Biotech has delivered formal notice to terminate its Standby Equity Purchase Agreement with YA II PN, LTD., which provided an equity line of credit. The company explicitly notes it does not intend to make further use of this facility.
This step removes an on-call equity financing option that could have been used to raise cash through share issuance. It also means potential future dilution from drawing on this specific equity line is off the table, though no replacement funding sources are discussed in this disclosure.
The company links termination to its “current financing strategy,” indicating a deliberate capital-raising approach rather than a procedural change. Future filings and disclosures will be important to understand how Trinity Biotech plans to fund growth, manage liquidity, and support its diagnostics, biosensor, and data-center cooling initiatives.
Key Terms
Standby Equity Purchase Agreement financial
equity line of credit facility financial
forward-looking statements regulatory
safe harbor regulatory
Risk Factors regulatory
commercial-stage biotechnology company financial
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
TRINITY BIOTECH PLC
(Name of Registrant)
IDA Business Park
Bray, County. Wicklow, Ireland
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
This Form 6-K is being incorporated by reference into our Registration Statements on Form S-8 (File Nos. 333-182279, 333-195232 and 333-253070) and Form F-3 and (File Nos. 333-267160, 333-286020, 333-295842 and 333-280391).
EXPLANATORY NOTE
On June 29, 2026, the Company announced that it has delivered notice of termination of its Standby Equity Purchase Agreement with YA II PN, LTD., an affiliate of Yorkville Advisors Global. A copy of the press release is filed herewith as Exhibit 99.1.
EXHIBIT INDEX
Exhibit |
| Description |
99.1 |
| Trinity Biotech Terminates Standby Equity Purchase Agreement with Yorkville. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TRINITY BIOTECH PLC |
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| Trinity Biotech plc |
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| (Registrant) |
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| By: | /s/ Paul Murphy |
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| Paul Murphy |
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| Interim Chief Financial Officer |
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Date: June 29, 2026
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Exhibit 99.1
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Contact: Trinity Biotech plc Paul Murphy (353)-1-2769800
| RedChip Companies Inc. Dave Gentry, CEO (1)-407-644-4256 (1)-800-RED-CHIP (733-2447) TRIB@redchip.com |
Trinity Biotech Terminates Standby Equity Purchase Agreement with Yorkville
DUBLIN, Ireland (June XX, 2026) - Trinity Biotech plc (Nasdaq: TRIB), a commercial stage biotechnology company focused on human diagnostics and the development of innovative solutions addressing unmet clinical and industrial needs, today announced that it has formally provided notice of termination to YA II PN, LTD., an affiliate of financing partner Yorkville Advisors Global, in respect of its Standby Equity Purchase Agreement (the “SEPA”) for an equity line of credit facility.
The Company has determined that it does not intend to make any further use of the SEPA. Accordingly, termination of the equity line of credit facility reflects the Company’s current financing strategy.
Forward-Looking Statements
This release includes statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”), including but not limited to statements related to Trinity Biotech’s cash position, financial resources and potential for future growth, market acceptance and penetration of new or planned product offerings, and future recurring revenues and results of operations. Trinity Biotech claims the protection of the safe harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms “may,” “believes,” “projects,” “expects,” “anticipates,” or words of similar import, and do not reflect historical facts. Specific forward-looking statements contained in this release may be affected by risks and uncertainties, including, but not limited to, our ability to capitalize on the Waveform transaction and our recent acquisitions, our continued listing on the Nasdaq Stock Market, our ability to achieve profitable operations in the future, our ability to successfully develop and commercialize data center cooling & thermal management solutions for AI and high-performance computing, the impact of the spread of COVID-19 and its variants, the possible pause and/or disruption in U.S. Government funding for HIV tests produced by Trinity Biotech, potential excess inventory levels and inventory imbalances at the Company’s distributors, losses or system failures with respect to Trinity Biotech’s facilities or manufacturing operations, the effect of exchange rate fluctuations on international operations, fluctuations in quarterly operating results, dependence on suppliers, the market acceptance of Trinity Biotech’s products and services, the continuing development of its products, required government approvals, risks associated with manufacturing and distributing its products on a commercial scale free of defects, risks related to the introduction of new instruments manufactured by third parties, risks associated with competing in the human diagnostic market, risks related to the protection of Trinity Biotech’s intellectual property or claims of infringement of intellectual property asserted by third parties, and risks related to the condition of the United States economy and other risks detailed under “Risk Factors” in Trinity Biotech’s annual report on Form 20-F for the fiscal year ended December 31, 2025 and Trinity Biotech’s other periodic reports filed from time to time with the United States Securities and Exchange Commission. Forward-looking statements speak only as of the date the statements were made. Trinity Biotech does not undertake and specifically disclaims any obligation to update any forward-looking statements.
About Trinity Biotech
Trinity Biotech plc (NASDAQ: TRIB) is a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors. The Company develops, acquires, manufactures, and markets diagnostic systems for the point-of-care and clinical laboratory segments of the diagnostic market and has recently entered the wearable biosensor industry through the acquisition of biosensor assets from Waveform Technologies Inc. Through its Trinovium subsidiary, Trinity Biotech is extending its fluid manufacturing and analytical capabilities into advanced liquid cooling solutions for AI data center infrastructure. Trinity Biotech sells directly in the United States and through a network of international distributors and strategic partners in over 75 countries worldwide. For further information, please visit www.trinitybiotech.com.
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