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0.0175 -0.0332499999999999 -0.0675000000000001 -0.0732500000000001 -0.0625000000000001 -0.0300000000000002 -0.0250000000000002 0.0374999999999999
Stock impact report

Company retires remaining Outstanding Convertible Investments

Trio Petroleum Corp. (TPET) 
Company Research Source: GlobeNewswire
Malibu, CA, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California oil and gas company, announced that as of February 13 ,2026, convertible promissory notes with an aggregate principal of $1.2 million (the “Notes”) had been fully converted into shares of Trio common stock. The Notes were issued to three institutional investors (the “Investors”) in August 2025, in connection with a private placement of convertible debt financing. The shares of common stock issued to the Investors upon their conversions of the Notes were all registered for resale by the Company in a registration statement filed by the Company with the Securities and Exchange Commission on September 4. 2025, which was declared effective on September 11, 2025. The Notes have been retired. "We are happy the notes were fully converted putting the company in a better cash position and strengthening the Company’s balance sheet." stated Robin Ross Chief Executive Show less Read more
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