TPET 424B5: Secondary offering

Filed with the SEC on · accession 0001493152-26-021413

TPET filed a 424B5 (prospectus (offering)) with the SEC on May 6, 2026. The final terms of an offering of shares or bonds. The stock moved -9.6% by the first close after the filing.

Summary of the filing

Trio Petroleum Corp. increased its at-the-market offering from $24.2 million to $65.0 million of common stock, reflecting a significant expansion of its equity capital raising program.

Key details

Total offering amount under ATM Agreement$65.0M
Previously sold under ATM Agreement$24.2M
Public float as of April 14, 2026$77.4M
IssuerTrio Petroleum Corp.
Sales agentLadenburg Thalmann & Co. Inc.

How TPET stock reacted

Close before

$4.61

May 5, 2026

First close after

-9.56%

$4.17

5 trading days

-23.91%

$3.51

Since filing

-67.05%

$1.52

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Frequently asked questions

What did TPET file with the SEC on May 6, 2026?

TPET filed a 424B5 (Secondary offering). Trio Petroleum Corp. increased its at-the-market offering from $24.2 million to $65.0 million of common stock, reflecting a significant expansion of its equity capital raising program.

What does a secondary offering mean for TPET stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did TPET stock react to this filing?

TPET closed at $4.61 before the filing and $4.17 on May 6, 2026 (-9.56%). Five trading days later: $3.51 (-23.91%).

Other TPET SEC filings

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