Trio Petroleum shareholders approve reverse stock split up to 1-for-10

Filed May 22, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• high

  Shareholders authorized a reverse stock split between 1:2 and 1:10 ratio, with exact terms to be determined by the Board. This typically signals efforts to boost share price or maintain exchange listing requirements, but doesn't change the company's underlying value.

  Item 5.07 verify on EDGAR →
• medium

  Equity compensation plan expanded by 3.5 million shares, increasing total reserved shares to 6.45 million. This represents potential dilution of approximately 118% versus the previous plan size.

  Item 5.07 verify on EDGAR →
• low

  Robin Ross elected as Class III director for three-year term expiring 2029. Received 4.17 million votes for versus 1.05 million withheld.

  Item 5.07 verify on EDGAR →