---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-025629"
form_type: "8-K"
ticker: "TPET"
cik: "0001898766"
company_name: "Trio Petroleum Corp"
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:49:56.348678+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Trio Petroleum raises $720K via convertible notes and warrants

## Summary
- Issued $800K principal Senior Secured Convertible Notes at 10% OID to two institutional investors for $720K net proceeds.
- Warrants to purchase up to 1.49M shares of common stock at $0.39525 per share issued alongside Notes.
- Notes mature June 27, 2025; convertible at $0.39525 per share with a floor price of $0.12; no interest unless default.
- Company granted senior security interest in all assets; monthly installments start 90 days after issuance at 103% of principal.

## SEC filing metadata
- accession: 0001493152-24-025629
- form_type: 8-K
- ticker: TPET
- cik: 0001898766
- company_name: Trio Petroleum Corp
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898766/000149315224025629/0001493152-24-025629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898766/000149315224025629/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-025629
- JSON: https://secwatch.observer/filing/0001493152-24-025629.json
- Plain text: https://secwatch.observer/filing/0001493152-24-025629.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.