---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-012110"
form_type: "8-K"
ticker: "TPET"
cik: "0001898766"
company_name: "Trio Petroleum Corp"
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T12:08:51.617192+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Trio Petroleum Corp closes $1.2M convertible note financing

## Summary
- Issued three unsecured convertible notes with aggregate principal of $1.2M to institutional investors; net proceeds $928,600 after fees.
- Notes mature February 15, 2026; conversion price lesser of $1.32 or 90% of 5-day VWAP, floor $0.72 (subject to reduction to $0.22).
- Maximum shares issuable upon conversion capped at 1,679,127 (19.99% of outstanding).
- Registration rights agreement requires filing within 20 trading days, effectiveness within 60 days; 1% monthly liquidated damages for delays.
- Company cannot enter into variable rate transactions or certain equity-linked securities without majority consent until notes repaid/converted.

## SEC filing metadata
- accession: 0001493152-25-012110
- form_type: 8-K
- ticker: TPET
- cik: 0001898766
- company_name: Trio Petroleum Corp
- filed_at: 2025-08-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898766/000149315225012110/0001493152-25-012110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898766/000149315225012110/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-012110
- JSON: https://secwatch.observer/filing/0001493152-25-012110.json
- Plain text: https://secwatch.observer/filing/0001493152-25-012110.txt

## Key facts
- Debt Financings
  Trio Petroleum Corp incurred convertible notes of aggregate principal amount of $1,200,000 with three institutional investors maturing February 15, 2026.
  - Instrument: convertible notes
  - Principal: aggregate principal amount of $1,200,000
  - Counterparty: three institutional investors
  - Maturity: February 15, 2026
  - Event: incurrence
  source text: On August 15, 2025, Trio Petroleum Corp (the “Company”) closed a private placement pursuant to which it issued a series of three (3) Unsecured Convertible Promissory Notes (the “Notes”) to three institutional investors (the “Investors”) in an aggregate principal amount of $1,200,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898766/000149315225012110/0001493152-25-012110-index.htm

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