other_material
confidence high
sentiment negative
materiality 0.65
Trio Petroleum updates ATM offering; $20.97M sold through April 7, 2026
Trio Petroleum Corp
- As of April 7, 2026, Trio raised $20,972,479 via ATM sales of 22,025,654 shares.
- Maximum aggregate offering amount increased to $21,866,000; remaining capacity $893,000.
- Amendment No. 7 filed April 7; cumulative sales since initial January 9 program.
- Average sale price approximately $0.95 per share based on disclosed totals.
- Program originally $3.6M, expanded over 6x in three months.