Company: TPET
Filing Date: 2025-04-15
Form Type: 10-K/A
Source: 0001641172-25-004910
Chunk: 98

Company: Trio Petroleum Corp.
Filing Date: 2025-04-15
Form: 10-K/A
Chunk 98
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 any community property laws.

Percentage ownership of our common is based on 6,725,702 shares of common stock outstanding as of January 15, 2025. In computing the number of shares beneficially owned by an individual or entity and the percentage ownership of that person, shares of common stock subject to options, restricted units, warrants or other rights held by such person that are currently exercisable or will become exercisable within 60 days of January 15, 2025 are considered outstanding, although these shares are not considered outstanding for purposes of computing the percentage ownership of any other person.

To calculate a stockholder’s percentage of beneficial ownership of common stock, we must include in the numerator and denominator those shares of common stock, as well as those shares of common stock underlying options, warrants and convertible securities, that such stockholder is considered to beneficially own. Shares of common stock underlying options, warrants and convertible securities, held by other stockholders, however, are disregarded in this calculation. Therefore, the denominator used in calculating beneficial ownership of each of the stockholders may be different.

Unless otherwise indicated, the address of each beneficial owner listed below is c/o Trio Petroleum Corp., 5401 Business Park South, Suite 115, Bakersfield, CA 93309. To our knowledge, there is no arrangement, including any pledge by any person of securities of the Company, the operation of which may at a subsequent date result in a change in control of the Company.

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|                                 |     | Beneficial                
 Ownership of Common Stock |         |     |   |      |   |
| Name                            
 of Beneficial Owner             |     | Shares                    |         |     | % |      |   |
| 5% Stockholders:                |     |                           |         |     |   |      |   |
| -                               |     |                           |       - |     |   |    - |   |
| Named Executive Officers        
 and Directors:                  |     |                           |         |     |   |      |   |
| Robin Ross (1)                  |     |                           | 150,000 |     |   | 2.23 | % |
| Stanford Eschner (2)            |     |                           |  57,500 |     |   |    * |   |
| Gregory L. Overholtzer (3)      |     |                           |  15,000 |     |   |    * |   |
| William J. Hunter (