Trio Petroleum enters $3.6M ATM equity facility with Ladenburg Thalmann

Trio Petroleum Corp

ATM agreement allows sale of up to $3.6M in common stock through agent Ladenburg Thalmann.
Sales will be made at market prices; agent receives 3.0% of gross proceeds per sale.
No obligation to sell any shares; company can suspend or terminate at any time.
Prospectus supplement filed under existing Form S-3 effective September 2024.
Shares sold under this facility will reduce available capacity under the registration statement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Trio Petroleum Corp entered into ATM Agreement with Ladenburg Thalmann & Co. Inc. valued at up to $3,600,000 (effective 2026-01-09).

Action: entry
Agreement: atm program
Counterparty: Ladenburg Thalmann & Co. Inc.
Value: up to $3,600,000
Effective: 2026-01-09

Exact text from the filing

On January 9, 2026, Trio Petroleum Corp, a Delaware corporation (the “Company”), entered into an At Market Issuance Sales Agreement (the “ATM Agreement”) with Ladenburg Thalmann & Co. Inc. as agent (the “Sales Agent”) pursuant to which the Company may issue and sell shares of its common stock, $0.0001 par value per share (“Common Stock”), from time to time through the Sales Agent (the “Offering”).

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Trio Petroleum Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-001116

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