secwatch.observer — SEC 8-K summary
======================================

Issuer:     Trio Petroleum Corp (TPET)
CIK:        0001898766
Form:       8-K
Filed at:   2024-08-16T23:59:59+00:00
Accession:  0001493152-24-032750
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trio Petroleum shareholders approve reverse split up to 1:20, expand equity plan, extend notes
--------------------------------------------------------------------------------

- Voters authorized reverse stock split in range of 1-for-5 to 1-for-20 at Board discretion.
- 2022 Equity Incentive Plan increased from 4M to 10M shares reserved for issuance.
- John Randall and Thomas Pernice elected as Class III directors for three-year terms.
- Note amendments with two institutional investors extend maturity to Sept 16, 2024 and add 15% interest on $750K outstanding.
- Bush & Associate CPA LLC ratified as independent auditor for FY ending Oct 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898766/000149315224032750/0001493152-24-032750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898766/000149315224032750/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-032750

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer