Company: TPET
Filing Date: 2025-05-14
Form Type: S-3/A
Source: 0001641172-25-010351
Chunk: 25

Company: Trio Petroleum Corp.
Filing Date: 2025-05-14
Form: S-3/A
Chunk 25
---
 outstanding warrants at a weighted exercise price of $13.25 per share; |
| ● | up to 6,000 shares of common stock issuable upon the exercise of outstanding                                                           
 options awarded under our 2022 Equity Incentive Plan at a weighted exercise price of $10.46 per share.                                 |
| ● | up                                                                                                                                     
 to 173,751 shares of common stock issuable upon the vesting of restricted stock units.                                                 |
| ● | the                                                                                                                                    
 issuance of 50,000 shares of restricted stock granted as awards under our 2022 Equity Incentive                                        
 Plan that have not yet been issued; and                                                                                                |
| ● | 112,750                                                                                                                                
 shares of common stock available for future grants of awards under our 2022 Equity Incentive                                           
 Plan.                                                                                                                                  |

| 13 |

<div align='center'>RISK FACTORS</div>

Investing in our securities involves a high degree of risk. Before deciding whether to invest in our securities, you should carefully consider the risk factors incorporated by reference herein, including, without limitation, those risk factors included in our most recent Annual Report on Form 10-K for the year ended October 31, 2024, filed with the SEC on January 17, 2025, as amended by Amendment No. 1 on Form 10-K/A filed with the SEC on January 30, 2025, Amendment No. 2 on Form 10-K/A filed with the SEC on February 27, 2025, and Amendment No. 3 on Form 10-K/A filed with the SEC on April 15, 2025 (the “2024 Annual Report”), along with any other risk factors included in any future filings we make with the SEC and in any prospectus supplement or free writing prospectus. You should also carefully consider other information contained and incorporated by reference in this prospectus and any applicable prospectus supplement, including our financial statements and the related notes thereto incorporated by reference in this prospectus. The risks and uncertainties described our other filings with the SEC and incorporated by reference herein and in any applicable prospectus supplement are not the only ones we face. Additional risks and uncertainties not presently known to us or that we currently consider immaterial may also adversely affect us. If any of the described risks occur, our business, financial condition or results of operations could be materially harmed. In such case, the value of our securities could decline and you may lose all or part of your investment.

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