Trio Petroleum Corp. Files 8-K for Material Agreement
Ticker: TPET · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1898766
| Field | Detail |
|---|---|
| Company | Trio Petroleum Corp. (TPET) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $225,000, $199,250, $255,225, $30,225, $142,926 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
Trio Petroleum Corp. just filed an 8-K for a material agreement. Keep an eye on this one.
AI Summary
Trio Petroleum Corp. filed an 8-K on January 29, 2025, reporting a material definitive agreement entered into on January 28, 2025. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in Bakersfield, California.
Why It Matters
This filing indicates a significant event or agreement for Trio Petroleum Corp., which could impact its operations, financial standing, or future business strategy.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, and the nature of the agreement is not detailed in this summary, requiring further investigation.
Key Players & Entities
- Trio Petroleum Corp. (company) — Registrant
- January 28, 2025 (date) — Date of earliest event reported
- January 29, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of Incorporation
- Bakersfield, CA (location) — Principal executive offices location
FAQ
What is the nature of the material definitive agreement Trio Petroleum Corp. entered into?
The filing indicates a 'Material Definitive Agreement' was entered into on January 28, 2025, but the specific details of the agreement are not provided in this summary.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted on January 29, 2025.
Where are Trio Petroleum Corp.'s principal executive offices located?
Trio Petroleum Corp.'s principal executive offices are located at 5401 Business Park South, Suite 115, Bakersfield, CA 93309.
What is Trio Petroleum Corp.'s fiscal year end?
Trio Petroleum Corp.'s fiscal year ends on October 31.
What is the SIC code for Trio Petroleum Corp.?
The Standard Industrial Classification (SIC) code for Trio Petroleum Corp. is 1311, which corresponds to Crude Petroleum & Natural Gas.
Filing Stats: 793 words · 3 min read · ~3 pages · Grade level 9.7 · Accepted 2025-01-29 16:15:23
Key Financial Figures
- $225,000 — ch the Company raised gross proceeds of $225,000 and received net proceeds of $199,250,
- $199,250 — f $225,000 and received net proceeds of $199,250, after payment of offering expenses (th
- $255,225 — the Investor in the principal amount of $255,225, having an original issue discount of $
- $30,225 — 5, having an original issue discount of $30,225 or approximately 11.8% (the "Investor N
- $142,926 — accrued interest which are payable: (i) $142,926 on January 30, 2025; (ii) $35,731.50 on
- $35,731.50 — (i) $142,926 on January 30, 2025; (ii) $35,731.50 on February 28, 2025; (iii) $35,731.50
- $285,852 — bruary 10, 2025, to the exchange of the $285,852 outstanding balance of the Investor Not
- $0.001 — er of shares of common stock, par value $0.001 per share, of the Company (the "Common
Filing Documents
- form8-k.htm (8-K) — 38KB
- ex4-1.htm (EX-4.1) — 24KB
- ex10-1.htm (EX-10.1) — 38KB
- 0001493152-25-004154.txt ( ) — 278KB
- tpet-20250128.xsd (EX-101.SCH) — 3KB
- tpet-20250128_lab.xml (EX-101.LAB) — 33KB
- tpet-20250128_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Trio Petroleum Corp. Date: January 29, 2025 By: /s/ Robin Ross Name: Robin Ross Title: Chief Executive Officer