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0 -0.100154083204931 -0.306625577812018 -0.271956856702619 -0.23959938366718 -0.244992295839754 -0.261941448382126 -0.24884437596302
Stock impact report

Trio Petroleum Corp announces reverse stock split

Trio Petroleum Corp. (TPET) 
Company Research Source: GlobeNewswire
Bakersfield, CA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp. (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of common stock following approval by its board of directors. The 1-for-20 ratio is within the range approved by stockholders at a special meeting of stockholders held on August 15, 2024. The Reverse Stock Split is expected to become effective at 5 p.m. Eastern Daylight Time on November 14, 2024 and the Company’s common stock is expected to begin trading on a post-split basis at the market open on November 15, 2024 under the same symbol (TPET) with the new CUSIP number 89669L207. When the Reverse Stock Split is effective, every 20 shares of the Company's common stock issued and outstanding will be combined automatically into 1 share of common stock. The Reverse Stock Split will apply equally to all ou Show less Read more
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