Trio Petroleum halted by NYSE American; 1:20 reverse stock split set for Nov 14

Trio Petroleum Corp

NYSE American halted trading in Trio common stock on Nov 5 due to low selling price violating Section 1003(f)(v).
Company implementing a 1-for-20 reverse stock split effective 4:30 pm ET on Nov 14; split-adjusted trading expected Nov 15.
NYSE American will attempt to reopen trading on Nov 15 if the post-split share price is deemed acceptable.
Reverse stock split approved by stockholders on Aug 15, 2024, and board on Oct 23, 2024.

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