Monitor for continued share issuance under this ATM program, which could create sustained downward pressure on the stock price due to dilution. The rapid pace of issuance suggests potential cash flow concerns.
Price Chart
Executive Summary
Trio Petroleum Corp updated its at-the-market (ATM) offering, increasing the maximum aggregate offering amount to $17.377 million, with $4 million currently available for sale. The company has already sold $13.377 million in shares under this program since January 2026.
Key Facts
- Company filed Amendment No. 3 to its prospectus supplement on March 5, 2026
- Total maximum offering amount under ATM program is now $17.377 million
- $4 million remains available for sale under the program
- Company has already sold $13.377 million (15,348,345 shares) under this ATM program
- The offering is being conducted through Ladenburg Thalmann & Co. Inc. as agent
Financial Impact
$17.377 million total potential dilution, with $13.377 million already executed
Risk Factors
- Significant shareholder dilution from ongoing share issuance
- Downward price pressure from continuous selling in the open market
- Potential signal of financial stress requiring constant capital raising
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-008995 |
| Exhibit: ex5-1.htm | 0001493152-26-008995 |
| Document: 0001493152-26-008995-index-headers.html | 0001493152-26-008995 |
| Document: 0001493152-26-008995-index.html | 0001493152-26-008995 |
| Document: 0001493152-26-008995.txt | 0001493152-26-008995 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 27d ago | 8-K | $1.69 | awaiting T+60 | — | $1.60 (−5.33%) |
Sep 21, 2026 5w ago | 8-K | $1.77 | awaiting T+60 | — | $1.60 (−9.60%) |
May 11, 2026 24w ago | Press Release | $0.4340 $0.2561 | ▼ −40.99% | ▼ −45.38% | $1.60 (+268.66%) |
May 6, 2026 24w ago | 8-K | $0.4640 $0.2810 | ▼ −39.44% | ▼ −41.50% | $1.60 (+244.83%) |
May 6, 2026 24w ago | 424B5 | $0.4640 $0.2810 | ▲ +39.44% | ▲ +41.50% | $1.60 (−244.83%) |
Apr 22, 2026 26w ago | 8-K | $0.5250 $0.3177 | ▼ −39.49% | ▼ −44.50% | $1.60 (+204.76%) |
Apr 14, 2026 28w ago | EFFECT | $0.5100 $0.3110 | ▼ −39.02% | ▼ −47.54% | $1.60 (+213.73%) |
Apr 10, 2026 28w ago | 8-K | $0.4960 $0.3370 | ▲ +32.06% | ▲ +42.38% | $1.60 (−222.58%) |
Apr 10, 2026 28w ago | 424B5 | $0.4960 $0.3370 | ▼ −32.06% | ▼ −42.38% | $1.60 (+222.58%) |
Apr 8, 2026 28w ago | 8-K / 424B5 | $0.5380 $0.3090 | ▲ +42.57% | ▲ +53.35% | $1.60 (−197.40%) |
US Market Status
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