secwatch.observer — SEC 8-K summary
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Issuer:     Trio Petroleum Corp (TPET)
CIK:        0001898766
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001493152-26-013097
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trio Petroleum settles $392,700 legal fee debt by issuing 446,149 common shares to law firm
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- Company issued 446,149 restricted shares to McDermott Will & Schulte LLP to settle $392,700.23 in unpaid legal fees.
- Shares priced at lower of $1.00 or 10% discount to 5-day VWAP; issued under Section 4(a)(2) exemption.
- Company must file a resale registration statement within 20 days and use best efforts to get it effective within 45 days.
- Mutual release of all claims effective upon filing of the registration statement; no admission of liability by Trio.
- Settlement resolves all past due fee obligations and related legal disputes between the parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898766/000149315226013097/0001493152-26-013097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898766/000149315226013097/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-013097

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