Trio Petroleum Corp filed an 8-K on April 8, 2026, reporting updates to its at-the-market equity offering program, increasing the maximum aggregate offering amount to $22,926,000 and confirming the legal validity of newly offered shares.
Key takeaways
The company increased its maximum aggregate offering amount to $22,926,000 through Amendment No. 8 to its prospectus supplement.
As of April 8, 2026, $1,060,000 worth of shares remain available for sale under the at-the-market offering program.
The company has already sold shares worth $21,865,453 (23,631,319 shares) through previous amendments to the offering.
Legal counsel Ellenoff Grossman & Schole LLP provided an opinion confirming the validity of the newly offered shares.
The offering operates under an existing At Market Issuance Sales Agreement with Ladenburg Thalmann & Co. Inc. as agent.