Company: TPET
Filing Date: 2025-02-28
Form Type: S-1/A
Source: 0001493152-25-008715
Chunk: 59

Company: Trio Petroleum Corp.
Filing Date: 2025-02-28
Form: S-1/A
Chunk 59
---
 relatively small public float, we may experience greater stock price volatility, extreme
price run-ups, lower trading volume and less liquidity than large-capitalization companies. In particular, our common stock may be
subject to rapid and substantial price volatility, low volumes of trades and large spreads in bid and ask prices. Such volatility,
including any stock-run up, may be unrelated to our actual or expected operating performance, financial condition or prospects,
making it difficult for prospective investors to assess the rapidly changing value of our common stock.

The market price for our common stock may be influenced
by many factors. Specifically, oil and gas stocks are also particularly volatile because the price of oil itself is highly volatile,
which is largely driven by the complex interplay of supply and demand factors, heavily influenced by geopolitical events, making it sensitive
to disruptions in production or sudden shifts in global demand, often causing large price swings in a short period of time; this
directly impacts the profitability of oil and gas companies, leading to stock price fluctuations. Large moves in the price of our common
stock either up or down, is also more likely on or around the times we make public announcements relating to our business, including updates
in drilling operations at our sites.

The market
price for our common stock may be influenced by many other factors, including, but not limited to:

| ● | the                                                                                                             
 price of oil and natural gas;                                                                                   |
| ● | the                                                                                                             
 success of our exploration and development operations, and the marketing of any oil and natural gas we produce; |
| ● | regulatory                                                                                                      
 developments in the United States and/or in any foreign countries where we may have operations in the future;   |
| ● | the                                                                                                             
 recruitment or departure of key personnel;                                                                      |
| ● | quarterly                                                                                                       
 or annual variations in our financial results or those of companies that are perceived to be similar to us;     |
| ● | market                                                                                                          
 conditions in the industries in which we compete and issuance of new or changed securities;                     |
| ● | analysts’                                                                                                       
 reports or recommendations;                                                                                     |
| ● | the                                                                                                             
 failure of securities analysts to cover our common stock or changes in financial estimates by analysts;         |
| ● | the                                                                                                             
 inability to meet the financial estimates of analysts who follow our common stock;                              |
| ● | the                                                                                                             
 issuance of any additional securities of ours;                                                                  |
| ● | investor                                                                                                        
 perception of our company and of the industry in which