Trio Petroleum Corp updated its at-the-market equity offering program, increasing the maximum aggregate offering amount to $20,028,000 and disclosing that $19,016,726 worth of shares have been sold to date.
Key takeaways
The company filed Amendment No. 5 to its prospectus supplement on March 30, 2026, updating the at-the-market offering terms.
Following the amendment, $1,010,000 worth of common stock remains available for sale under the program.
The maximum aggregate offering amount for the program is now $20,028,000.
The company has previously sold 19,202,455 shares of common stock for aggregate proceeds of $19,016,726 through this offering.
Legal counsel Ellenoff Grossman & Schole LLP provided an opinion that the remaining shares are duly authorized and will be validly issued.