{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-030287","form_type":"8-K","ticker":"TPET","cik":"0001898766","company_name":"Trio Petroleum Corp","filed_at":"2024-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.149022+00:00","generated_at":"2026-05-31T13:14:38.964657+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Trio Petroleum raises $134K via 12% OID note; conversion at 75% of market","bullets":["Gross proceeds $134K; net $110,625 after offering expenses; principal $152K with $18K OID.","Note matures May 30, 2025; five equal payments starting Jan 30, 2025; interest 12% per annum.","Upon default, note converts at 75% of market price (floor $0.18); 19.99% cap on conversion shares.","Prior investors waived participation rights in exchange for conversion rights and payment priority.","Proceeds for working capital; Spartan Capital received $9,375 placement fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-030287","json":"https://secwatch.observer/filing/0001493152-24-030287.json","markdown":"https://secwatch.observer/filing/0001493152-24-030287.md","text":"https://secwatch.observer/filing/0001493152-24-030287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898766/000149315224030287/0001493152-24-030287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898766/000149315224030287/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:14:38.964657+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}