other_material
confidence high
sentiment neutral
materiality 0.60
Trio Petroleum shareholders approve reverse stock split (1:2-1:10) and equity plan increase
Trio Petroleum Corp
- Reverse stock split approved with 10.3M FOR vs 2.4M AGAINST; ratio between 1:2 and 1:10 set by board.
- Robin Ross elected Class III director with 4.2M FOR, 1.1M WITHHELD, 8.0M broker non-vote.
- 2022 Equity Incentive Plan shares increased by 3.5M to 6.45M total; 3.6M FOR, 1.1M AGAINST.
- Bush & Associates CPA ratified as auditor for FY2026 with 11.8M FOR, 0.7M AGAINST.
- Quorum of 13.2M shares (40.9% of 32.4M outstanding) present at May 21, 2026 annual meeting.