Company: TPET
Filing Date: 2025-02-28
Form Type: S-1/A
Source: 0001493152-25-008715
Chunk: 60

Company: Trio Petroleum Corp.
Filing Date: 2025-02-28
Form: S-1/A
Chunk 60
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 we compete; and                                          |
| ● | general                                                                                                         
 economic, political and market conditions.                                                                      |

Broad market and industry factors may significantly affect the market price of our securities, regardless of our actual operating performance. These fluctuations may be even more pronounced in the trading market for our common stock shortly following this offering.In addition, if the trading volumes of our common stock are low, persons buying or selling in relatively small
quantities may easily influence prices of our common stock. This low volume of trades could also cause the price of our common stock
to fluctuate greatly, with large percentage changes in price occurring in any trading day session. Holders of our common stock may
also not be able to readily liquidate their investment or may be forced to sell at depressed prices due to low volume trading. Broad
market fluctuations and general economic and political conditions may also adversely affect the market price of our common stock. As
a result of this volatility, investors may experience losses on their investment in our common stock. A decline in the market price
of our common stock also could adversely affect our ability to issue additional shares of common stock or other securities and our
ability to obtain additional financing in the future.

If the market price of shares of our common stock after this offering does not ever exceed the offering price, you may not realize any return on your investment in us and may lose some or all of your investment.

In addition, in the past, following periods of volatility in the overall market and in the market price of a particular company’s securities, securities class action litigation has often been instituted against these companies. This litigation, if instituted against us, could result in substantial costs and a diversion of our management’s attention and resources.

The concentration of our share capital ownership among our largest shareholders, and their affiliates, will limit your ability to influence corporate matters.

As of October 31, 2024, our five largest stockholders collectively own approximately 10.75% of our issued and outstanding common stock. Consequently, these stockholders have significant influence over all matters that require approval by our stockholders, including the election of directors and approval of significant corporate transactions. This concentration of ownership will limit your ability to influence corporate matters, and as a result, actions may be taken that you may not view as beneficial.

Our common stock may be subject to the “penny stock” rules in the future. It may be more difficult to resell securities classified as “penny stock.”

Our common stock may be subject to “penny stock” rules