{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-000143","form_type":"8-K","ticker":"TPET","cik":"0001898766","company_name":"Trio Petroleum Corp","filed_at":"2024-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.268626+00:00","generated_at":"2026-06-07T05:34:18.255223+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Trio Petroleum closes $550K second tranche of financing with reduced conversion price to $0.50","bullets":["Second tranche closed Jan 2, 2024; gross proceeds $511,500, net proceeds $420,522 after fees.","Conversion price and warrant exercise price reduced from $1.20 to $0.50 per share.","Issued $550K convertible note and warrant to purchase 445,561 shares of common stock.","Spartan Capital received 7.5% cash fee and a placement agent warrant for 55,000 shares at $0.55.","Amendment includes $10,000 reimbursement for investor legal fees and no Event of Default."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-000143","json":"https://secwatch.observer/filing/0001493152-24-000143.json","markdown":"https://secwatch.observer/filing/0001493152-24-000143.md","text":"https://secwatch.observer/filing/0001493152-24-000143.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898766/000149315224000143/0001493152-24-000143-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898766/000149315224000143/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:34:18.255223+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1cbb08a984ead3973657574409ad75e5e1f91b1a","claim":"Trio Petroleum Corp entered into Placement Agent Agreement with Spartan Capital Securities LLC valued at Cash fee of 7.5% of gross proceeds from Second Tranche; issuance of Placement Agent Warrant to purch (effective 2024-01-02).","evidence_excerpt":"The Placement Agent, pursuant to a placement agent agreement (the “Placement Agent Agreement”), served as the exclusive placement agent in connection with the closing of the private placement with the Investor.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898766/000149315224000143/0001493152-24-000143-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Spartan Capital Securities LLC"},{"label":"Value","value":"Cash fee of 7.5% of gross proceeds from Second Tranche; issuance of Placement Agent Warrant to purch"},{"label":"Effective","value":"2024-01-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}