---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-005302"
form_type: "8-K"
ticker: "TPET"
cik: "0001898766"
company_name: "Trio Petroleum Corp"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:23:56.608529+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Trio Petroleum issues amended convertible note for $606K; conversion floor at $0.48

## Summary
- Original note principal $321,176 (April 11) later amended to $712,941 (April 17); funding amount rose to $606,000.
- Net proceeds after discounts, commission (5.5%) and legal fees were $247,985 from the first tranche.
- Conversion price is 75% of lowest 10-day closing bid, with a floor of $0.48; max shares issuable ~1.485M.
- Maturity October 10, 2025; prepayment allowed with 10% penalty after July 10, or no penalty before.
- Event of default triggers 150% acceleration and 20% default interest if uncured after 10 days.

## SEC filing metadata
- accession: 0001641172-25-005302
- form_type: 8-K
- ticker: TPET
- cik: 0001898766
- company_name: Trio Petroleum Corp
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898766/000164117225005302/0001641172-25-005302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898766/000164117225005302/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-005302
- JSON: https://secwatch.observer/filing/0001641172-25-005302.json
- Plain text: https://secwatch.observer/filing/0001641172-25-005302.txt

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